Continental Style Restaurant With Living Accommodation In Torquay For Sale

Business description

A smart continental Restaurant with 25 covers recently refurbished. Prominent main road location close to the picturesque Babbacombe Downs. Strong local customer base boosted by tourists during the holiday season. Operating all year round but with the possibility to increase the lunch time trade. Separate studio flat previously rented out for £300 per month. Restaurant with 25 covers, Commercial kitchen, Ladies & Gents Cloakroom, Ample storage, Two bed Owners accommodation,Separate studio flat. Parking, making this an ideal 'home & income' opportunity. Turnover for year ending April 2011 £57,607 with strong net profits.

Property information

Property:

Leasehold

Living accommodation:

Two bed owners accommodation with parking making this an ideal ‘home & income’ opportunity. Separate studio flat previously rented out for £300 per month.

Location:

Located within a mixed commercial and residential area which includes a parade of local shops and which links St Marychurch to Torquay’s harbourside and town. This is adjacent to the picturesque and popular Babbacombe Downs. The scenic Babbacombe Downs cliff top is part of the South West coastal footpath. This is a favoured spot with locals as well as the many tourists who stay within the resort all year round. There are a large number of hotels, holiday apartments and guest houses located in Babbacombe as well as the popular Babbacombe Theatre. On a clear day you can enjoy breathtaking views of Lyme Bay as far as Portland Bill in Dorset almost 80 miles away by road.

Premises details:

A licensed restaurant, which currently specialises in continental style cuisine, has an attractive dining area which can accommodate up to 25 covers. Behind the bespoke fitted bar servery is a well equipped and fitted commercial kitchen. The business benefits from having a two bedroom owners flat on the 1st floor with private entrance from Babbacombe Road. On the lower ground floor is a studio flat with its own entrance from the rear of the property which is now vacant. It was previously rented out for £300 per month, providing a boost to the revenue of the business.

Other information

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