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Reference R8430

Licensed Restaurant in Torquay For Sale

Register to see map and to make an appointment Situated in a parade, close to town centre, sought after DEVON TORQUAY

Price 12,000

Features

Licensed Restaurant - Presently Not Trading

At present British & Continental cuisine, which could obviously be continued & in our opinion there is potential for other types of cuisine, if desired.

SINGLE FRONTED RESTAURANT carpeted, wall & ceiling lighting. Air conditioning. Tables with new table cloths & chairs providing seating for 18 persons (can be increased to accommodate 24 persons, if desired). Cool display fridge, 2 group coffee machine, wine fridge, under-counter fridge, touchscreen computerised till.

Fully tiled ladies'/disabled cloakroom with w.c. & wash hand basin
Fully tiled gentlemen's cloakroom with w.c. & wash hand basin

LEVEL KITCHEN with tiled floor & tiled walls. The equipment includes extractor system, 6-burner gas cooker with oven, 2 small deep fryers, pizza oven, Kenwood mixer, 2 small deep freezers, 3 fridges, 1 deep freezer, dishwasher, double sink & drainer, wash hand basin etc.

Wash-up area with dishwasher, single sink

Stairs to first floor storage area plus small office

Trading Hours

Were - At present only 5 lunch times per week - Tuesday - Saturday 11 a.m. - 3 p.m.

Accommodation

The SPACIOUS accommodation with NIGHT STORAGE HEATERS & has the potential for sub-letting if not required for personal use. Comprises:

3 Bedrooms (1 double, 2 singles)
Bathroom with bath, w.c. & wash hand basin
Large Louge with open fireplace
Fitted kitchen

The second floor has a decking area

Tenure

We understand the entire premises are held on a secure renewable lease having 9 years unexpired from the 28th January, 2018 at a rental of 14,400 p.a. exclusive of rates up to January, 2021 with rent to be agreed thereafter.

REALISTICALLY PRICED FOR EARLY SALE

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 12,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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