Business For Sale - Market Street, Newton Abbot, Devon TQ12, UK

£10,000 per annum

Property information

Type:

Rent

Tenure:

Leasehold

Categories:

Businesses For Sale, Cafes, Commercial Property, Food Businesses, Leisure Property, Restaurants, Shops

Listed on:

01-09-2015

Commercial

Broadlands

S.O.A.


Description

We are delighted to be able to offer this centrally located cafe/restaurant overlooking Newton Abbot's perennially busy Market. Benefiting from a large restaurant subdivided into two areas providing over 70 covers, together with "Al Fresco" dining to front and all located within a stone's throw of large car park and within Town Centre of Newton Abbot, Devon. The business has been trading successfully for a number of years and is only being placed onto the open market due to retirement reasons.

Location

Fuchsia Restaurant is located on Market Walk which is situated on first floor level with commanding views over Newton Abbot open market and adjacent to large public car park

Business

This cafe/restaurant has been trading successfully for over 30 years in its present position and is currently owner operated with some part-time assistance and is only being placed onto the open market due to retirement reasons. Due to personal circumstances, trading hours have been deliberately restricted to day time hours only, over 6 days. We the agents feel that there is great scope to expand into evening servery together with a wider choice of menu, extended opening into Sunday by popular demand and extensive marketing which would expand on the already impressive turnover. Actual trading accounts will be made available following a successful formal viewing

Premises Comprises

Entrance through double fronted and part glazed doors into

Entrance Porch

With part glazed double doors into

Main Restaurant

14.58m x 9.47m (15yds 2' 10" x 10yds 1' 1") - Distinctly divided into two areas and benefits from 20 x tables and chairs for over 70 covers, coupled with additional 25 covers to outside front terrace. The dining area incorporates an 'L' shaped bar which has a wood panelled front and wooden top with under counter storage for cutlery, crockery etc and to rear further array of base units with bull nose top housing glass washer, water boiler, systems hot drinks machine, refrigerated four line wine dispenser, 1 x till, 1 x large upright glass fronted Coca Cola fridge (free on loan) and 2 x under counter fridges

To one side of the dining area is a

Cooking Corner

Comprising of a 9 pot 'Bain Marie' and hot counter for carvery, 1 x electric Rational combination oven, 4 ring gas cooker and oven and twin floor standing deep fat flyer. The dining area/bar enjoys large windows to front, making the ambience very light and airy and overlooks the Market below with its vibrant activity

Store 1

3.47m x 1.84m (11' 5" x 6' 0") - Built in store housing large upright glass fronted fridge, 1 x wall mounted gas boiler providing central heating and hot water and with comprehensive shelving for additional wares

Store 2

2.36m max x 1.88m (7' 9" max x 6' 2") - Housing from 2 x upright fridges and also small table

Dedicated Prep Kitchen

6.97m x 1.91m (22' 10" x 6' 3") - With stainless steel tabling, tiled flooring, stainless steel cupboard, wash hand basin and a comprehensive range of equipment, crockery, utensils etc. Doorway leading through to

Wash Up Area

2.74m x 1.64m (9' x 5' 5") - With 1 x stainless steel free standing twin bowl sink and drainer, 1 x potato rumbler and 1 x dishwasher. Window to rear

Built in Cupboard

Housing immersion heater

Gents Cloakroom

Comprising of 2 x urinals, 1 cubicle with low level WC and separate wash hand basin

Ladies Cloakroom

Comprising of 2 x cubicles with low level WCs and separate wash hand basin

Outside

To the rear of the unit there is a communal staircase and landing with service lift to rear car park for all deliveries

To front there is space for tables and chairs for circa 25 covers for "Al Fresco" dining

TENURELeasehold. 10 year term expiring in 2016 with a current passing rental of £10,000 pa

£29,000 leasehold




Disclaimer

Property reference: cpg1fvs3q4

The information exhibited about this property relates to a property listing advertisement. Commercial People Ltd makes no assurances as to the accurateness or completeness of the said advertisement or any connected or associated information. Commercial People Ltd has no control over the content of the advertisement. This property advertisement does not constitute property particulars. All information is provided and maintained by Ware Commercial. In the event of any discrepancies, we ask that you please contact the selling agent or developer directly.

This property is marketed by:

Ware Commercial
16a Fore Street, Torquay

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Reference: cpg1fvs3q4

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