Eastgate Café

Smart licenced café and brassiere having a riverside footage and within Tavistock town centre. Offered for sale by way of an assignment of the existing lease.

The Eastgate Cafe and Brasserie is situated within the centre of Tavistock, a prosperous town situated on the western side of Dartmoor, close to the Cornish border and noted as a UNESCO heritage site. With a last reported population of just over 11,000, it is supported by the surrounding villages and is a vibrant hub, circa 22 miles north of Plymouth and 15 miles south of Okehampton.

The Eastgate occupies an attractive waterside location within the town on Market Road, which leads from the town centre and Duke Street as it returns to the A386 alongside the river Tavy. The customer terrace enjoys a peaceful riverside aspect despite its close proximity to the town centre.

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition).

Customer entrance via lobby to single floor trading area (910 sft/ 84.6 sqm) providing for 65 covers overall and having views over the front and side. Recessed bar, separate till point and display station. Customer WC. Double door access to waterside terrace.

Commercial Kitchen (8.3m x 2.4m plus dishwash area 2.5m x 1.8m). Full commercial kitchen with extraction (not tested). Dishwash area with service hatch to bar and access to rear yard. Storage room (3.2m x 2.4m) with wall mounted gas boiler and accessed to terrace. Secure yard with cold store (3.4mx 1.1m),

Terrace. Gated with raised decking and river views and providing space for up to 45 covers.

The Business:

Our client took on the business in 2024, reopening after a period of refurbishment. Due to family commitments they are looking to assign their existing lease. The Eastgate operates from restricted hours and there is evident opportunity to increase the sessions and move into the evening trade in addition. Currently the business is open 10am-4pm Wednesday and Thursday, 10am-4pm and 6pm-10pm Friday and Saturday and 10am-3pm on Sundays. As a licenced cafe and brasserie there is ample scope to create an all day everyday venture.

From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value is £22,500. Please check with agent in regard to rates payable. Government support for the hospitality sector provides for an additional 75% relief of the chargeable amount.

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

B(42)

Each party to be responsible for their own legal fees in relation to this transaction.

All figures quoted are exclusive of VAT if applicable.