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Iconic Torbay Beach Bar, Restaurant & Café For Lease

Paignton, Devon, UK
Asking Price:
£250,000
Turnover:
Available on request
Net Profit:
Available on request

The Boathouse is one of Torbay’s most iconic licensed venue’s, frequented by locals and visitors alike. The businesses income swells during the summer months given the location however, trade remains steady year-round given the businesses reputation. Briefly comprising internal covers for (90) by way of three trading areas, external covers for 168+ by way of picnic benches in an enclosed courtyard, all overlooking Preston Sands Beach and Torbay – is there a better spot?

Location
Within walking distance of the all the main facilities that Paignton has to offer, including the town centre, pier and Paignton Beach, The Boathouse is perfectly positioned to attract trade from the local area and surrounding, Torbay.

Paignton is part of Torbay and is particularly well known for being an outstanding tourist destination with attractions such as beautiful beaches, a marina and Torre Abbey Meadows, all of which are in easy reach. Torbay has seen a huge investment program with increased transport links as part of a wider re-generation program of the area, which has included recent, foreign investment in several key strategic sites in the Bay, including Hotels in close locality to the business.

Paignton is accessed from the M5 via the A380 and the A3022, with Newton Abbot 9 miles North West, Totnes 7 miles West, Plymouth 40 West, and Exeter 31 miles to the North.

• Our Ref: CD-10216
• Incredible views over Torbay and beyond
• 90+ internal & 168+ external covers
• Well-presented throughout, following refurbishment
• Strong mix of daytime and evening trade
• Same ownership since 2013
• High net turnover - six figure profits
• Destination venue, with many casual events
• LH Price: £250,000
• Rent: £53,000per annum

Property Information

Property:

Leasehold

Contact Charles Darrow

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