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North Devon

01271 321122

South Devon

01626 330022

Hatts
11 Gandy Street, Exeter, Devon, EX4 3LS

To Rent / Leasehold

£100,000 Guide Price / £45,000 Rent Per Annum

File Number: CD-10125

Sold
Contact Photo

Jon Clyne
Director

T: 01626 330022
M: 07939 013203

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Summary

  • Positioned on the main circuit in a pedestrianised area
  • Many complementary traders close by
  • Open plan ground floor bar & Lower ground cocktail bar
  • Well-equipped commercial kitchen and ancillary areas
  • Circa 85% wet-led, potential for greater dry trade
  • Net T/o £501,732 y/e 31/01/16, with ANP £50,025
  • Valuable free-of-tie lease, with private landlord
  • Excellent local and regional reputation
  • Much recent investment
  • Owner operated

Opportunity

Hatts is located on the popular pedestrianised Gandy Street in Exeter, surrounded by many complimentary traders and just a very short walk from the centre. The business is located on the 'circuit' and attracts much of its trade by repeat business.