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Freehold Takeaway With Owners Accommodation For Sale

Torquay, Devon, UK
Asking Price:
£150,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

Price reduced. Established freehold takeaway and delivery business with owner's accommodation, trading for over 30 years from a prominent location in Torquay.

Pappas is a long-established takeaway and delivery business operating seven evenings a week from a fully equipped premises. The business benefits from a late-night trading licence allowing operation until 4:00am, providing scope for extended opening hours under new ownership. The current owner is retiring, creating an excellent opportunity for an owner-operator, with staff not transferring to the purchaser.

Situated in the busy commercial and residential area of Torre, the property is surrounded by independent retailers, offices and established housing, close to the Torre Marine development and Torbay Police Station, providing a strong local customer base for both takeaway and delivery trade.

The property also includes first-floor owner's accommodation and the sale includes the fixtures, fittings and equipment required to continue trading, excluding the owner's personal effects. Wet and dry stock will be purchased separately at valuation on completion.

Enquire today for further information on this established freehold opportunity.

Property Information

Property:

Freehold

Living Accommodation:

First-floor owner's accommodation comprising lounge, shower room, double bedroom and single bedroom.

Location:

Located within the commercial and residential district of Torre, Torquay, close to the Torre Marine residential development, Torbay Police Station, independent retailers and offices.

Premises Details:

Three-storey property comprising a ground floor takeaway with customer waiting area, pizza preparation counter, kebab preparation area, two-deck Italinox pizza oven, four-burner kebab grill, dual three-burner kebab grill, contact griddle, fish and chip range, heated display cabinets, commercial extraction, under-counter fridges, microwave and sink unit. Lower ground floor commercial kitchen with Henny Penny gas pressure fryer, commercial cooker, walk-in fridge, storage area, commercial mixer, vegetable preparation machine, wet room with potato rumbler and chipper, freezer room with two chest freezers and rear access to private parking. First-floor owner's accommodation comprising lounge, shower room, double bedroom and single bedroom.

Energy Performance Rating:
E

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

The premises benefits from a licence permitting takeaway trading until 4:00am, although the business currently trades until 2:00am.

Reasons for selling:

Retirement.

Trading hours:

7 evenings a week. - 5:00pm-2:00am.

Years established:
30+