SOLD
01/09/25
3217
44Babbacombe / Rightbiz
A fantastic corner-positioned restaurant/retail unit, featuring two dining areas, a bar, kitchen, two WCs, and a preparation room. The premises have traded successfully for many decades and are now available for the first time for many years. Benefitting from floor-to-ceiling windows and enjoying high levels of passing pedestrian and vehicular traffic, the property would suit a wide variety of uses. It is available for immediate occupation on a new lease, with terms to be negotiated. Early viewings are highly recommended.
Location
Torquay is one of the UK’s most popular holiday destinations, attracting strong year-round trade. The property is situated in Babbacombe, just 100 metres from Babbacombe Downs, which boasts magnificent views over the beaches of Lyme Bay. The immediate area is renowned for its Model Village, Babbacombe Theatre, and numerous pubs and restaurants. Local amenities are within walking distance, with major road links, the train station, and bus services nearby.
Accommodation
The premises benefit from dual access and occupy a prominent corner position fronting Babbacombe Road and Portland Road.
Dining / Retail / Bar Area 1
8.85m x 5.05m
A spacious open-plan area, currently arranged with six large tables and chairs, downlighting, and an L-shaped bespoke bar fitted with sink, drainer, and shelving.
Dining / Retail Area 2 (L-shaped)
4.69m x 3.88m, 3.21m x 3.11m
An additional versatile L-shaped space with downlighting and side windows.
Kitchen
4.23m x 3.48m
Located close to the dining areas, the kitchen is currently equipped with a range of catering appliances and benefits from a rear-facing window.
Preparation Room
5.30m x 3.72m
A designated preparation and wash-up area, fitted with sink and drainer, and capable of accommodating fridge freezers, dishwashers, and other equipment. Several windows overlook the rear, with a door providing access to the courtyard.
Fixtures & Fittings
All trade fixtures and fittings, excluding the vendor’s private inventory, are included in the sale. A full inventory will be provided prior to exchange of contracts. All stock will be sold at valuation upon completion. Please note, the agents, Ware Commercial, have not tested any fixtures, fittings, or appliances.
Services
Mains gas, electricity, water, broadband, and drainage are all connected. No testing of these services has been undertaken by Ware Commercial.
Business Rates
For further information, please refer to the Valuation Office Agency website: www.voa.gov.uk. We understand the outgoing tenant was fully exempt under Small Business Rate Relief.
Tenure
Leasehold (a new negotiable length lease)
Viewings
All enquiries and viewings are strictly through the agents:
Ware Commercial
Tel: 01803 328880 or 01392 462266
Email: [email protected]
Website: www.warecommercial.com
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.