Turnkey Torquay Devon Restaurant, Vacant Premises & Equipment, Prime Higher Union St Location
Torquay, Devon
- Status
FOR SALE
- Date Submitted:
17/05/23
- Advert ID
513357
- Reference
HigherUnion / Rightbiz
- Call Agent:
- Leasehold: £15,500
- Rent: £15,000
- Turnover: Not Applicable
- Net Profit: On request
Business Details
Vacant restaurant premises with equipment
A lock-up, turnkey restaurant for sale, which has been established for circa 40 years. Now being offered with vacant possession. Extensively equipped to a high standard, with tables, chairs, décor, bar (and paraphernalia) together with well equipped kitchen. Available with a new negotiable length lease with immediate occupation. This is an ideal opportunity to acquire and establish a business with low in goings and overheads.
LOCATION
These premises are located on Higher Union Street, taking advantage of high footfall, passing vehicular traffic and convenient parking immediately at side. This area is known as Torre and is made up of many independent retailers and benefits from easy access to local bus, train station, town centre and harbour. Torre is situated in the very heart of the perennially busy seaside resort of Torquay and because of recent redevelopments, it now finds itself in a highly populated area.
ACCOMMODATION
Large glass bay-windows to front and part glazed door into:
L-SHAPED DINING ROOM/BAR
4.89m x 4.48m & 3.24m x 3.46m
Comprising of 3 tables and chairs together with fixed seating for approximately 12 covers
Wood effect flooring throughout
Wall uplighters and pendant lights
Bespoke fixed Bar
Flash coolers
Under counter fridge freezers
Optics on rear walls
Glass/crockery and cutlery storage to rear and under counter
Stainless sink and drainer
LADIES CLOAKROOM
Consisting of WC and wash hand basin
GENTS CLOAKROOM
Consisting of WC and wash hand basin
Steps up to:
DINING AREA 2
8.74m x 6.06m
9 tables and chairs for approximately 40 covers
Vaulted open ceiling
Stone exposed walls
Door to rear service lane
Archway leading into:
STILL/PREP AREA
2.99m x 1.02m
Shelving and storage for coats, crockery, glassware and cutlery
Doubles up as staff area.
Steps leading down to:
KITCHEN
Of irregular shape measuring 3.64m x 2.90m
1 x 6 ring gas cooker with double oven
1 x twin deep fat fryer
2 x free standing deep fat fryers
1 x electric plate warmer with stainless steel extraction canopy above
2 x under counter fridges
1 x toaster
1 x microwave
Ample shelving and general storage
WASH UP AREA/STORES
3.05m x 1.79m
Free-standing stainless-steel sink and drainer
Stainless steel wash hand basin
1 x commercial dishwasher
An array of fridges and freezers and plenty of shelving and storage
SERVICES
Mains electricity, gas, water and drainage are all connected. However, no testing of these services has been undertaken by the Agents, Lake and Ware Commercial
BUSINESS RATES
Please make your own enquiries on the local valuation website (VOA) at www.voa.gov.uk (currently the property is fully exempt from business rates because of small business rates relief)
TENURE
Leasehold
Passing rental £15,000 per annum and a new negotiable length renewable lease.
VIEWINGS
All viewings are to be by appointment through Ware Commercial
Tel: 01803 328880 or 01392 462266
Email [email protected]
Website: www.warecommercial.com
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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