Restaurant/cafe for sale in Torquay, Devon TQ2, £138,000

138,000.00

Offer Nr.:
64883770
Type of ad:
for Sale
Property type:
Restaurant/cafe
Contact name:
Everett Masson & Furby
Phone(s):
01404 228955

* Leasehold
Themed destination restaurant/bar/entertainment venue, unique torquay trading
position, just off the seafront, close Torre Abbey Gardens, Kings Gardens,
Railway Station, short walk town centre and marina, surrounded by guest
accommodation/hotels, and residential areas. Highly visible and easily
accessible, fronting primary vehicle thoroughfares, bordering car park.
A substantial site and deceptive detached property, quite a landmark, set in
its own attractive gardens offering outside cooking area along with 40+
alfresco covers. The property offers a number of dining areas and a
conservatory, offering 55+ covers, in addition to 2 bars, commercial kitchen,
and 2 sets of cloakrooms. Also benefiting from private apartment comprising
kitchen/breakfast room, sitting room, bedroom and bathroom, ideal for owners
or alternatively could form part of business premises.
A well - known very profitable business, offering a popular menu, suit all types
of cuisine, trades evenings only, attracting local and visitor trade, enjoying
substantial summer boost, customers taking advantage of easy access/parking
and outside dining facilities. Sales 2022 £254, 629 ex Vat, Gross Profit
£166, 541 (65%), benefiting from favourable rent and zero business rates
despite size of property/site, returns impressive Net Profit in excess of
£100, 000, viewing recommend to appreciate opportunities offered by property.
Leasehold £138, 000 sav Ref: R/V35782N

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