The Bamboo trades as a Chinese takeaway and was completely refitted in 2021, comprising a lockup turnkey takeaway premises with a newly created modern studio apartment. Well presented throughout the business is being offered with an extensive inventory to include a well-equipped commercial catering kitchen. The premises could also lend itself to alternative commercial uses, subject to the necessary consents. The opportunity offers incoming tenants the chance to purchase an establish business with low in goings and overheads. The premises briefly comprise: - Customer Servery Area; Commercial Catering Kitchen; Office/Storeroom; Separate Wash Up Area; Staff WC, Storeroom, Walk in Fridge, Walk in Freezer and a newly created self-contained Studio Apartment. The property is available by way of a new lease.
SITUATION
31 The Strand occupies a prominent trading position, enjoying all the considerable commercial advantages of a prime trading position amongst other complementary businesses and being situated in the centre of the popular and busy East Devon coastal town of Exmouth. The premises front The Strand, a large public square which is the focal point of the town centre. Exmouth is a sought-after coastal resort town situated on the Jurassic coast and designated as a World Heritage site by UNESCO. Exmouth has a resident population of around 48,000, although this increases substantially during the busy summer months. Exmouth’s sandy beach has been long regarded a tourist attraction in its own right, stretching for around 2 miles. The cathedral city of Exeter with its easy access to the M5 motorway, intercity rail links and international airport is approximately 12 miles.
INTERNAL DETAILS
Part glazed frontage with recessed entrance door leading into Customer Servery Area the main takeaway and customer ordering/waiting area with non-slip flooring, suspended ceilings, LED lighting, perimeter seating bar with stools and chairs, customer servery counter with serve over counter, EPOS cash register, work surfaces with storage under and glass fronted upright bottle fridge. Hallway/Storage Area with fully lined walls and non-slip flooring. Office/Storeroom with non-slip flooring and CCTV system. Staff WC. Commercial Catering Kitchen with tiled flooring, part stainless steel and part wipe clean clad walls, fitted with a comprehensive range of commercial catering equipment to include:- extractor system with stainless steel canopy and gas interlock system, Rational combi oven, twin floor standing deep fat fryer, wok cooker with 5 burners, 3 door commercial counter fridge with saladette over, stainless steel work benches with shelving below, stainless steel shelving, 4 pot bain-marie, stainless steel deep bowl sink unit, handbasin. Rear Wash Up Area and Storeroom with tiled flooring, stainless steel-clad walls, twin deep bowl stainless steel sink unit, Walk in Fridge and a Walk in Freezer.
OWNER’S ACCOMMODATION
A brick-built former storeroom has recently been converted into an Owner’s Studio Apartment which briefly comprises; Kitchen with newly fitted kitchen units and a built-in hob, Bed/Sitting Room a good-sized double room and a Shower Room.
EXTERNAL
To the rear of the property is a Bin Store Area. An external staircase leads to the Studio Apartment.
THE OPPORTUNITY
Trading for numerous years as a Chinese takeaway which has recently been opening deliberately restricted opening hours to suit our client’s lifestyle requirements, trading evenings only from 5pm until 9pm Wednesday to Sunday. Current takings are in the order of £3,000 per week and growing with opportunities to increase the hours, and potential to develop an alternative style of trade and cuisine to suit incoming operators requirements.
BUSINESS RATES
We are advised that the business rates payable are currently nil after 100% business rates relief.
SERVICES
All mains services are currently connected, however we understand that the gas catering equipment will need to be converted to LPG or electric and the appropriate installations undertaken. Please note the fittings, equipment and services listed have not been tested by the agents.
TENURE
A new lease will be created, for a minimum length of 10 years. The proposed commencing rent is £15,000 per annum. Detailed terms to be agreed.
