Restaurant for sale
Property description & features
- Long Established Restaurant Premises
- Close to Torquay Harbour & Torwood Street Development
- Perfect Owner/Operator Opportunity with Further Potential
- Low Overheads & Two Trade Areas providing 36 Covers
- Separate Lockup Kiosk Currently Let
.
The premises comprises:- Attractive wooden front door to:-
ENTRANCE LOBBY
Leading to 2 separate trade areas. To the left:-
MAIN TRADE AREA
Double glazed picture windows to the front with sea peeps and views over Fleet Walk. Laminated wooden floor and seating for 24 at attractive timber topped tables with upholstered high-backed chairs and bench seating. Wall light points, central heating radiators, air conditioning unit, speaker for music. To the right of the Entrance Lobby, 2 steps up to:-
SEATING AREA WITH BAR
Picture window to the front, seating for 12 at timber topped tables with upholstered high-backed chairs. Attractive tiled floor, wall light points and central heating radiator. BAR with ceramic tile counter, electronic touch screen till, glass fronted double bottle fridge, glass fronted single bottle fridge, under counter fridge, Jura coffee machine and Parry ice making machine. Attractive back bar with shelves for glass storage and spirit optics, built in wine rack. Double swing doors to:-
COMMERCIAL KITCHEN
Well equipped with non slip flooring throughout and commercial extraction system. Blue Seal double deep fat fryer, 6 ring gas range with ovens under, large Chargrill and Sharp commercial microwave. Parry stainless steel plate warming cabinet with preparation surface over, further stainless steel prep tables, twin door fridge unit, under counter fridge, under counter freezer, Bartlett large upright Fridge and Gram large upright freezer. Baxi wall mounted boiler, commercial dishwasher and 2 deep stainless steel sinks with drainers.
GENTS CLOAKROOM
Tiled floor and walls, close couple WC, central heating radiator, wash hand basin, electric hand dryer.
LADIES CLOAKROOM
Tiled walls and floor, central heating radiator, close couple WC, pedestal wash hand basin, electric hand dryer. Sliding door to:-
UTILITY ROOM
With plumbing for washing machine, space for tumble dryer, built in cupboards. Door to:-
STORE CUPBOARD
With storage shelving and hanging rail for staff uniforms.
BIN STORE
To the rear of the premises.
GENERAL INFORMATION
RATEABLE VALUE
2023 List: £5,300. Please note this is note rates payable. For further information, we advise you contact the local billing authority, Torbay Council.
BUSINESS
The current owners run the business as Chef and Front of House with the assistance of casual staff during the busy periods. Currently trading up to the VAT threshold through choice, there is great potential to increase the trading hours and therefore the turnover of this well-established restaurant.
TENURE
The premises is available via the assignment of a 15 year lease from March 2013 at a rent of £10,600. The tenant has full repairing and insuring obligations. The Kiosk is sub-let providing an income of £5,000 per annum towards the total rent.
SERVICES
We have been informed the premises is connected to all mains services.
INVENTORY
To include furnishings and equipment as per an inventory to be supplied but excluding the owners' personal effects.
STOCK
Wet and Dry stock in trade and Bar Glassware will be taken over by the purchaser at valuation on the day of completion.
EPC AWAITED
Tenure: Leasehold
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