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Licensed Gastro Bar & Grill for sale in Paignton Devon with indoor and outdoor dining options

Paignton, Devon

CONFIDENTIAL

  • Leasehold: £59,000 (Stock at valuation)
  • Turnover: On request
  • Profit: On request

Business Details

A fantastic turnkey, licensed Gastro Bar & Grill

A fantastic turnkey, licensed Gastro Bar & Grill for sale, ideally situated only a stone's throw from the water's edge. It benefits from indoor and outdoor alfresco dining areas while overlooking a beautiful park. Inside, the kitchen is open plan and highly equipped, featuring a bespoke bar area and a takeaway servery window to a busy high street. This 40-cover dining area is atmospheric, with an additional 16 covers outside, and benefits from a late 2 am trading licence. After many years, our client is reluctantly placing this business on the market. Early viewings are highly recommended.

 

LOCATION

The Local Gastro Bar & Grill is situated in a prime trading position within the bustling coastal town of Paignton, Devon. It occupies a sought-after area on Torbay Road, only seconds’ walk from the beach, harbour, town centre, rail, and bus stations. The business is also conveniently located a short drive away from the cities of Plymouth and Exeter, with their M5 motorway connections and international airport. Additionally, Torquay, Brixham, and Dartmouth are nearby, with Dartmoor National Park slightly further afield.

BUSINESS

The Local Bar & Grill is successfully operated by a couple, trading evening hours only from 6 pm – 10 pm with some seasonal variation, and only part of the year, allowing our client to travel extensively. The menu is simple yet delicious, which consistently earns good TripAdvisor feedback and high repeat custom. The premises are amazing and the rent is equally LOW. However, due to the lifestyle choice of limited opening hours, there is now great scope to expand into breakfast and lunchtime service, as well as fully utilising the late 2 am licence and the takeaway window to the high street. Actual trading accounts will be made available following a successful formal viewing.

ACCOMMODATION COMPRISES (in brief)

Double-glazed doors to

CUSTOMER WALKWAY / WAITING AREA
13.31m x 1.37m
With tiled flooring. This welcoming space acts as a waiting area for any takeaway orders and is overlooked by the kitchen.

BAR AREA (L-Shaped)
5.53m x 1.83m, 2.82m x 1.61m
A bespoke bar with a high-top counter servery, also used for taking takeaway orders and welcoming guests before seating. The bar is well equipped and leads directly into a:

BAR / STORE
3.63m x 0.95m
With ample storage and shelving for drink stock.

DINING AREA (irregular shape)
8.77m x 6.89m
A lovely, atmospheric dining area with 13 tables and chairs for approx. 40 covers. Stripped-back wooden flooring and a door leading to:

OUTDOOR TERRACE DINING
A great alfresco dining terrace with an additional 6 tables and chairs for approx. 16 covers, overlooking a leafy park.

KITCHEN
13.31m x 2.61m
Nothing has been left to chance with this comprehensive array of kitchen equipment, including a large wide flame grill, 2 x Onox double-height ovens, True-style prep refrigeration counters, 1 x 6-ring gas cooker with double oven, pizza oven, 1 twin freestanding deep fat fryer, several commercial microwaves, numerous prep tables, plenty of worktop space, and much, much more.

Immediately to the rear of the kitchen are two additional but very important areas:

PREP KITCHEN / OFFICE
4.57m x 4.32m
A large open-plan area with plenty of natural daylight and equipment, including 2 x dough mixing machines, a wash-up area with a commercial dishwasher, and a freestanding twin stainless steel sink and drainer.

STORE / REFRIGERATION ROOM
5.15m x 3.50m
A few steps down from the main kitchen is this essential room, featuring a walk-in fridge, several chest freezers, and ample shelving for dry store products.

TOILETS
Just off the dining area are doors to:

LADIES
With 2 cubicle toilets and a separate wash hand facility.

GENTS
With an individual cubicle and wash hand facility.

OUTSIDE
To the rear is a large dining terrace with seating, overlooking the bar. To the front is the ever-busy Torbay Road with exceptional high footfall and passing vehicle traffic.

OPENING TIMES
TUESDAY – SATURDAY: 18:00 – 22:00
SUNDAY: 12:00 – 15:00
MONDAY: CLOSED

FACEBOOK / WEBSITE
www.facebook.com/TheLocalGastroBarAndGrill/?locale=en_GB

SERVICES
All mains services (electricity, gas, water, broadband, and sewage) are connected. These services have not been tested by Ware Commercial.

FIXTURES AND FITTINGS
All owned outright, excluding personal effects. Inventory provided pre-contract.

LEGAL FEES
Incoming tenant pays landlord’s lease assignment/setup costs.

TENURE
Leasehold

BUSINESS RATES
Please make your enquiries via the local valuation website at www.voa.gov.uk
(Currently the property is fully exempt from business rates due to small business rates relief.)

VIEWINGS
Contact Ware Commercial:
Tel: 01803 328880 / 01392 462266
Email: [email protected]
www.warecommercial.com

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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.

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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.

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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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