£29,950
Restaurant for saleRestaurants TQ1, Devon
2 beds
Business
Leasehold
About this property
Prime trading location, just minutes from the seafront
Closure due to no alcohol sales (not performance / location related)
24-cover premises, fully refurbished
Newly fitted commercial kitchen
Self-contained two bedroom accommodation
Closed restaurant in Torquay for Sale.
An exceptional opportunity to acquire a fully refurbished 24-cover restaurant, ideally positioned in what can only be described as one of the finest trading locations in Torbay. Situated just minutes from the beach and seafront, the premises benefit from a prominent position within an affluent and vibrant village shopping centre, enjoying high levels of footfall throughout the year.
The business previously achieved strong turnover levels prior to the last tenancy. Trading declined and ultimately ceased due to the tenant’s decision not to serve alcohol for personal reasons, which had a significant impact on revenue. With the appropriate offering, including the sale of alcohol (subject to licensing), there is clear potential for a new operator to re-establish and exceed previous trading levels. This is, without doubt, a superb trading position with excellent income potential.
The premises comprise an attractive double-fronted unit, featuring a welcoming reception area leading into a stylish open-plan restaurant. Customer facilities include well-appointed ladies’ and gentlemen’s cloakrooms. To the rear is a newly installed, spacious commercial kitchen, fully equipped with modern fittings, dedicated preparation areas, and a separate storeroom. The entire ground floor benefits from a high-quality white marble floor, extending seamlessly from the reception through to the kitchen, creating a sleek and contemporary finish. All fixtures and equipment are newly installed and presented to an excellent standard.
The first floor is entirely self-contained, offering generous and versatile living accommodation. This includes a private entrance leading to a fully fitted kitchen, cloakroom with WC and wash hand basin, a full bathroom, a dining area, a spacious and comfortable lounge, and two well-proportioned bedrooms. The property also benefits from gas central heating throughout.
Externally, to the rear, there is a newly paved courtyard area, providing an excellent opportunity for alfresco dining (subject to the necessary consents), further enhancing the appeal and capacity of the business. EPC Band C
An exceptional opportunity to acquire a fully refurbished 24-cover restaurant, ideally positioned in what can only be described as one of the finest trading locations in Torbay. Situated just minutes from the beach and seafront, the premises benefit from a prominent position within an affluent and vibrant village shopping centre, enjoying high levels of footfall throughout the year.
The business previously achieved strong turnover levels prior to the last tenancy. Trading declined and ultimately ceased due to the tenant’s decision not to serve alcohol for personal reasons, which had a significant impact on revenue. With the appropriate offering, including the sale of alcohol (subject to licensing), there is clear potential for a new operator to re-establish and exceed previous trading levels. This is, without doubt, a superb trading position with excellent income potential.
The premises comprise an attractive double-fronted unit, featuring a welcoming reception area leading into a stylish open-plan restaurant. Customer facilities include well-appointed ladies’ and gentlemen’s cloakrooms. To the rear is a newly installed, spacious commercial kitchen, fully equipped with modern fittings, dedicated preparation areas, and a separate storeroom. The entire ground floor benefits from a high-quality white marble floor, extending seamlessly from the reception through to the kitchen, creating a sleek and contemporary finish. All fixtures and equipment are newly installed and presented to an excellent standard.
The first floor is entirely self-contained, offering generous and versatile living accommodation. This includes a private entrance leading to a fully fitted kitchen, cloakroom with WC and wash hand basin, a full bathroom, a dining area, a spacious and comfortable lounge, and two well-proportioned bedrooms. The property also benefits from gas central heating throughout.
Externally, to the rear, there is a newly paved courtyard area, providing an excellent opportunity for alfresco dining (subject to the necessary consents), further enhancing the appeal and capacity of the business. EPC Band C
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