Restaurant/Cafe in Newton Abbot

£29,000 Leasehold
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Restaurant/Cafe in Newton Abbot

Fuchsia, Market Walk, Newton Abbot, Devon, TQ12 2RX

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....


THE 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

 

THE 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

 

TENURE

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

 

LEGAL COSTS

The ingoing tenant will pay the reasonably incurred legal costs in connection with the lease transfer.

 

FIXTURES & FITTINGS

Trade fixtures, fittings, equipment, land and buildings, with exception of vendor’s private inventory, will be included in this leasehold sale. Full inventory will be made available prior to exchange of contracts. Stock to be purchased at valuation on day of completion

 

SERVICES

Mains electricity, gas, water and drainage are all connected. However, no testing of these services has been undertaken by the Agents Ware Commercial

 

BUSINESS RATES

Please make your own enquiries on the local Valuation Website (VOA) at www.voa.gov.uk

 

VIEWINGS

By appointment with Ware Commercial
Tel 01803 328880
Email: info@warecommercial.com
Via website: www.warecommercial.com


Misrepresentation Act: Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.