Vacant Restaurant Premises, High Street, Exmouth, Devon, EX8

THE PROPERTY
The premises traded as a well-regarded licensed restaurant trading, occupying a ground floor purpose equipped lock up premises. The prominent high street premises offer potential for incoming operators to develop a style of trade to suit their own requirements and take advantage of this town centre trading position. The air-conditioned Main Restaurant Area can comfortably seat 50 customers, with a Commercial Catering Kitchen; Ancillary and Backup Facilities and a rear Service Yard Storage Area. An internal inspection is highly recommended to fully appreciate all that this impressive and versatile catering business has to offer.

SITUATION
The restaurant occupies a lucrative and prime trading position with a visible frontage in the centre of the much sought after and highly regarded coastal resort town of Exmouth, probably one of the busiest tourist locations in East Devon. Enjoying all of the considerable commercial advantages of its excellent trading position amongst other complimentary businesses, the premises are therefore well placed to take advantage of the high footfall, with free on street parking directly to the front. Exmouth is a sought-after coastal resort town situated on the Jurassic Coast and designated as a World Heritage Site by UNESCO. It is also a dormitory town for nearby Exeter and has a resident population approaching 50,000, although this increases substantially during the peak holiday months. Exmouth's sandy beach has long been a well-regarded tourist attraction. The cathedral city of Exeter with its easy access to the M5 motorway, intercity rail links and international airport, is approximately 12 miles to the North West.

INTERNAL DETAILS
Feature window frontage with prominent signage above and adjacent recessed part glazed entrance door leading into Main Restaurant Area an attractive and spacious restaurant with a dual air conditioning/heating system, carpeted flooring, feature lighting, range of freestanding wooden tables and upholstered high backed wooden chairs. Substantial brick fronted and polished wood topped Bar Servery fitted with associated back bar fittings and display shelving, with non-slip flooring, glass fronted bottle fridge, American style fridge freezer, upright fridge and stainless-steel sink unit. Customer WC's. Commercial Catering Kitchen with non-slip flooring, part tiled and part stainless-steel clad walls and being fitted with catering kitchen equipment to include:- Extractor system with stainless steel canopy over and gas interlock system, six burner gas range, extensive walled shelving, two door undercounter commercial fridge, three door undercounter commercial fridge, hand basin, twin deep bowl stainless steel sink unit, and an upright fridge.

EXTERNAL DETAILS
To the rear of the property is an enclosed Private Service Courtyard with a wooden Storage Shed. Pedestrian access to the rear and bin store area.

THE OPPORTUNITY
Previously the business traded as an independent licensed restaurant, The premises benefits from a lucrative and prominent high footfall town centre trading position. The sale provides an excellent opportunity to purchase catering premises, with low overheads, within a sought-after East Devon coastal resort town. Our clients advise that there is tremendous potential for incoming operators to develop their own style of cuisine and to trade in a manner to suit their own personal requirements and to put their own stamp on the restaurant premises.

TRADING INFORMATION
The business is closed and there are no accounts available.

EPC
D-96

RATING
We are advised that the business rates payable are currently nil after 100% business rates relief. For up-to-date Business Rates information relating to this property, we refer you to The Valuation Office website
All main services are connected to the property.

PRICE & TENURE
£9,995 for the leasehold interest and remaining trade inventory. We are advised that the premises are held by way of a 10-year lease from July 2020, at the current rent of £11,000 per annum. The lease is an internal repairing (to include the shop front) and insuring lease. Further details available upon request.