The commercial premises are currently set out as a restaurant with bar on the ground floor with a catering kitchen, customer cloakrooms and wash-up area. The 1st floor has been used for storage and an office whilst the 2nd floor was previously owners’ accommodation. All areas require clearing and a deep clean. We have been informed the current Landlord will offer a rent free period whilst the property is being reinstated. There is a range of catering equipment at the premises; however, it has not been tested, and no warranty is given as to its condition or functionality. Interested parties should satisfy themselves as to its suitability and working order.
- Asking Price:
- Undisclosed
- Turnover:
- Not applicable
- Net Profit:
- Not applicable
Property Information
- Property:
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Leasehold
- Location:
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Teignmouth is well connected via Shaldon Bridge to Shaldon on the South side of the river Teign and on to Torbay some 9 miles away. The market town of Newton Abbot is 6 miles to the South West as is the A38 trunk road to Exeter. This in turn links to the M5 motorway which connects the South West to the rest of the country. Teignmouth has all the traditional attractions of a coastal holiday destination including the promenade, Victorian pier with rides and amusements together with shops, cafes and restaurants. Teignmouth has a thriving local community which swells considerably during the summer months with tourists and visitors to the town.
- Premises Details:
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The premises comprises:-
A 19th Century terrace building with double frontage.
TRADE AREA
Bar and restaurant seating area. Slate tile floor, exposed brick walls, wooden dining tables and leather effect chairs and sofas. A feature of the bar is 2 large fish tanks beneath the wood bar top.LADIES & GENTS CLOAKROOMS
WASH UP AREA
Commercial dishwasher, Sammic Vacuum Sealer, under counter fridge, commercial meat slicer and stainless steel prep tables.TEA & COFFEE PREP ROOM
Large upright drinks fridge, 2 under counter fridges.BEER CELLAR
Fitted with Beer python system.CATERING KITCHEN
A range of equipment to include: - Commercial extraction, 3 granite top prep fridges, Gozney countertop Pizza machine, 6 ring electric cooker with oven under, Salamander grill, 4 countertop compact fryers. Heated gantry with plate warmer and commercial microwave. Large commercial sink with Aquajet. Access to rear lane.FIRST FLOOR
BOILER ROOM
Logic boiler and hot water tank.Four good size rooms which have been used for storage and office space. Potential to convert to owners’ accommodation subject to the necessary consents.
SECOND FLOOR
Previously owners’ accommodation arranged as Lounge, Bedroom 1, Bedroom 2 and Bathroom. Access to steps leading to the flat roof over the catering kitchen.
GENERAL INFORMATION
TENURE
The premises is available via a new fully repairing & insuring lease at a rent of £15,000 PA with further terms to be agreed. Rent incentive will be considered. Interested parties are to provide satisfactory references, business plan and C.V plus proof of funding.RATEABLE VALUE
2026 List: £12,000Please note this is not Rates Payable. 100% Small Business Rates Relief will be available to eligible parties. Interested parties are advised to make their enquiries with the Local Billing Authority, Teignbridge Council.
SERVICES
Mains water, drainage and electricity.TRADE INVENTORY
Offers invited.EPC AWAITED
VIEWING
Viewing is highly recommended and can be arranged by prior appointment with the Agents, Bettesworths.
