Business for Sale in TEIGNMOUTH, DEVON - LICENSED RESTAURANT - Leasehold: £77,500

Key Information

Ref
R34586N
Type
Food Service Businesses: Restaurants
Location
England: Devon
Tenure
Leasehold
Status
For Sale
Annual Sales
£85,000 Ex Vat
Accommodation
4 Bedrooms
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Popular LICENSED RESTAURANT, just off TEIGNMOUTH seafront, stone’s throw from beach of the this popular SOUTH DEVON seaside resort, fronts attractive thoroughfare with areas of lawn and planting offering alfresco dining, borders town centre with shops, close station, holiday accommodation and residential areas.

Substantial premises, the subject of major investment in 2019, character 45 cover dining area, bar servery, commercial kitchen, customer cloakrooms, large basement offering masses of storage and additional preparation facilities. Spacious and versatile self-contained maisonette extending over 2 floors above, provides kitchen, sitting room, 4 bedrooms (some with sea views) and bathroom.

Business under current ownership approaching 20 years, serving menu of Italian/Mediterranean influence, suit a variety of cuisine, operated at level to suit owners, takings £3,000 - £4,000 per week typically from 5 evenings, scope longer opening hours and increase sales considerably as undertaken in previous years.

Leasehold £77,500 sav Ref: R34586N

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