Restaurant/cafe for sale in Fore Street, Brixham TQ5

£25,000
Restaurant/cafe for sale
Interested in this property? Call +44 1803 268798 * or Request Details

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Property features

  • Huge Reduction to Facilitate Quick Sale
  • Contemporary Restaurant & Bar with Owner’s Accommodation
  • Trade Area Seating 25, Al Fresco Seating for 8
  • Modern Well-Equipped Commercial Kitchen
  • Perfect for a Range of Catering Styles
  • Successful Business with Strong Net Profits

Property description

The three coastal resorts of Torquay, Paignton and Brixham together form the Borough of Torbay with an indigenous population of over 120,000 and popularly known as The English Riviera. Brixham, at the south of Torbay, is a holiday resort in its own right and also an important fishing port with a colourful and busy harbour. During the holiday season Brixham enjoys a significant influx of tourists.

The Lytehouse Restaurant offers stylish surrounding in which to enjoy modern British cuisine. The atmosphere is truly one of opulence and decadence although warm and inviting. The Lytehouse has been awarded a Certificate of Excellence by TripAdvisor with many highly complimentary reviews from satisfied customers. The current owners, Chef & Sommelier, offer their customers fresh seasonal cuisine complimented by a range of wines to suit all palettes and price brackets. They often host special events ending such as seasonal tasting menus and wine tastings. The premises is also available for private hire. The business comes with the benefit of spacious self-contained owner’s accommodation.

The Accommodation Comprises:-

Steps up to a recessed main entrance leading directly into

Restaurant

With commercial white wash wood flooring throughout with modern wall mounted electric heaters. Bay windows provide seating for 4 at poser tables and metal bar stools. The restaurant spaciously seats 24 at vintage shabby chic style tables and high backed cushioned chairs. The bespoke bar unit is high rise with wood effect bar top which mirrors the flooring and rustic wood planking below with metal bar stools. Behind the bar is a coffee machine, electric grinder, 3 under counter bottle fridges, stainless steel sink with mixer tap, glass washer and under counter storage cupboards and drawers. Mirrored back bar with shelving for spirits and liqueurs and wall mounted shelving unit displaying wines. Rear feature wall decorated with rustic wood planking and hatch with heated pass. Passageway leading to;

Ladies Cloakroom

With wash hand basin and separate cubicle with WC.

Gents WC

With wash hand basin, and separate cubicle with WC. Exit to rear bin storage area.

Commercial Kitchen

Well equipped with a range of modern equipment including; 6 ring gas hob with oven under, double deep fat fryer, refrigerated unit with stainless steel worktop, turbo fan Blue Seal oven and central preparation area with refrigeration unit under and under counter freezer. Stainless steel splash back, wipe down wall cladding and commercial extraction system.

Wash Up Area

Large stainless steel sink, aqua jet tap, push though commercial dishwasher, stainless steel wash hand basin. Stairs leading up to

Owners Self Contained Accommodation

First Floor

Dry Store And Freezer Room

Two upright fridges, one large fridge freezer, commercial ice machine. Doorway through to hallway.

Bathroom

Stylish and modern bathroom suite with bath and shower over, WC, wash hand basin and heated towel rail.

Kitchen

Selection of storage units, sink with drainer, domestic electric cooker with grill and oven. Service hatch to-

Dining Room

Potential to seat 6. Bay window with front aspect.

Lounge

With double aspect bay windows looking out over Fore Street.

2 Double Bedroom

Second Floor

These rooms are not able to be used as bedrooms as they are more than 15mtrs away from the Emergency Exit, however they could be used as Living Room and Dining Room.

Room 1 With view over the main street - currently used as a games room. Room 2 With view over the main street - currently used as a Yoga room. Room 3 With rear aspect. Bathroom With rear aspect, laminate flooring, panelled bath with electric shower over, wash hand basin and WC.

General Information

Rateable Value

£16,500. Please note this is not rates payable. For more information we advise you contact the Local Authority, Torbay Borough Council.

Business

The Lytehouse is run by the owner occupiers with the assistance of 2 part time staff who are currently on zero hour contracts. The Lytehouse trades mainly five evenings a week during the height of the season, reducing down to three over the shoulder months. The owners also choose to close for the month of January.

The predicted Turnover for Year End June 2019 is circa £120,000.

Tenure

A Full Repairing and Insuring Lease for 20 years from 2015 at a rent of £12,000 plus VAT per annum.

Services

We have been informed all main services are connected. Gas to commercial unit only.

Inventory

To include furnishings and equipment as per an inventory to be supplied, but excluding the owners personal effects.

Stock

Wet and Dry stock in trade and Bar Glassware will be taken over by purchaser at valuation on the day of completion.

EPC Rating D

Property info

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For more information about this property, please contact
Bettesworths, TQ1 on +44 1803 268798 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bettesworths, and do not constitute property particulars. Please contact Bettesworths for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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