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Fully Fitted Waterside Restaurant At Royal William Yard For Sale

Plymouth, Devon, UK
Asking Price:
On request
Turnover:
On request
Net Profit:
On request

An attractive opportunity to acquire the leasehold interest in a fully fitted waterside restaurant at Royal William Yard in Plymouth. Overlooking the marina, the premises occupy a distinctive waterfront setting and may appeal to established restaurant groups, experienced hospitality operators and independent restaurateurs seeking a substantial dining venue in a characterful location.

The restaurant provides approximately 3,500 sq. ft. of ground-floor accommodation, with 107 internal covers and a further 62 external covers, offering a combined capacity of approximately 169 customers. The premises have been fitted out to a high standard and benefit from views across the marina. Although the business is currently closed, the existing restaurant configuration provides a foundation for an incoming operator.
Available with no premium payable, subject to contract, the property offers an opportunity to establish a restaurant within the Royal William Yard waterfront development. With an existing lease running until 2037, the premises combine a substantial dining capacity, high-quality fit-out and attractive waterside setting.

  • Waterside restaurant at Royal William Yard, Plymouth.
  • Marina views and an attractive waterfront setting.
  • Approximately 3,500 sq. ft. of ground-floor accommodation.
  • 107 internal covers and 62 external covers.
  • Fully fitted to a high standard.
  • Nil premium, subject to contract, with the lease expiring in 2037.

Property Information

Property:

Leasehold

Lease Terms:

Existing leasehold interest with a passing rent of £88,000 per annum. The lease expires in 2037. Available at nil premium, subject to contract.

Leasehold Rent:

£88,000 per annum per annum

Location:

Situated within Royal William Yard in Stonehouse, Plymouth, the restaurant enjoys a prominent waterside setting with views over the marina.

Premises Details:

Fully fitted ground-floor restaurant finished to a high standard, providing 107 internal covers and 62 external covers.
The premises overlook the marina and are currently closed.

Size in square feet:
Approximately 3,500 sq. ft. (ground floor).

Business Operation

Expansion Potential:

The existing restaurant fit-out and combined indoor and outdoor dining capacity offer an incoming operator scope to introduce a new restaurant concept, subject to any necessary consents.