Bistros for sale in Teignmouth

View the "Freehold Restaurant for sale in Teignmouth" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Thanks to your email alerts I found & have recently completed on the purchase of a Hotel in Scotland 

Ian McGregor (Nov 2013)
View More
Freehold Price: £385,000
Request Details
Business Description
A rare treat and fast becoming a favourite haunt for many regulars and visitors alike. This highly successful 70 cover + freehold restaurant/café set in the seaside resort of Teignmouth, Devon, offers two attractive ground floor dining areas together with an enclosed courtyard, which can be used as an al fresco dining/seating area. The Owl and the Pussycat is bright and informal blending the charm and friendliness of your local restaurant in the evening, but could easily open its door during the day offering tea, coffee and other beverages along with baked goods or light meals. Above the restaurant, there is a spacious 3 bedroom luxurious self-contained apartment, currently let out as individual rooms for offices generating an impressive income. rly viewings are highly recommended....

LOCATION
Situated on Teign Street in the very heart of Teignmouth, Devon, it benefits from a good all year round busy trade and huge additional visitors over the summer months. The restaurant enjoys a high footfall which can only be improved if the premises were to convert to a cafe during the daytime hours. Teignmouth is an attractive seaside town on the South Devon Coast and only a short travelling distance to both Torquay and the Cathedral city of Exeter with its international airport, M5 Motorway and Paddington to London line. The location benefits from being only minutes’ walk to the harbour, seafront and a large car park opposite.

BUSINESS
The Owl and the Pussycat has been successfully owner operated for many years and enjoys an excellent reputation from both locals and visitors to the area. Check out some reviews below:
We had been there exactly seven years before, for the same birthday meal, and were pleased to see that it is still a family concern, even though the front-of-house family members weren’t the same as before. We got wonderful personalised attention throughout.
This is one of very few fine dining restaurants I’d bring my kids. The hosts are among the best I’ve ever encountered at a restaurant, tailoring service to us according to whether we’re with kids, in a group, or a couple. They remember me year to year including what I drink. The food is great.
There would be tremendous scope to improve on the already impressive turnover and subsequent net profit. Part of the owner’s accommodation on the first floor was previously used for additional dining and could be reinstated to provide an additional 24 covers and by opening its door during the day offering tea, coffee and other beverages. Actual trading accounts will be made available following a successful formal viewing.

ACCOMMODATION
Entrance via Teign Street through large door to front into:

INNER HALLWAY
With turning staircase to upper floors and doors to:

MAIN DINING ROOM
8.64m x 4.99m
An attractive room with ornate fireplace, a range of high back leather chairs and freestanding tables providing seating for approximately 40 covers, but with space of an additional 12 if so required.

BAR/SERVERY
Located to the rear of the restaurant housing a range of optics, associated bar fittings, bar shelves, glass fronted upright wine fridge, 2 group cappuccino machine and bean grinder, EPOS till system which is linked to kitchen.

DINING AREA 2
9.45m x 2.38m
With tiled flooring throughout, double doors to front, an array of comfortable leather backed chairs and freestanding tables providing 24 covers and large window to front.

Door to:

INNER CORRIDOR
6.42m x 1.78m
With doors to

GENTS
Low level WC and wash hand basin

LADIES
Low level WC and wash hand basin

DISABLED TOILET
Low level WC and wash hand basin

Double door to:

REAR WALLED GARDEN
With mature shrubbery and flower and able to provide 24 additional covers during the summer months

KITCHEN
4.70m x 3.45m
With altro flooring throughout, part tiled walls and comprehensive range of commercial kitchen equipment to include: 6 ring gas burner and double oven, hotplate and grill, table top single deep fat fryer, microwave oven, large stainless steel prep table with refrigeration beneath, one stainless steel worktop with saladette over, warming cabinet with lit serving gantry over, stainless steel wash hand basin, freestanding deep bowl stainless steel sink unit

PREP AREA
Of irregular shape
With altro flooring throughout, stainless steel works tops, tiled walling, under counter freezer, fridge, chest freezer and ample shelving to 3 walls

WASH UP AREA
3.38m x 1.43m
With altro flooring, part tiled walls, freestanding stainless steel sink and drainer, dishwasher, wire racking and built-in storage cupboard housing wall mounted gas boiler and mega flow water storage unit.

From Entrance Corridor:

Turning staircase to:

FIRST FLOOR

OWNER ACCOMMODATION

LOUNGE/DINER
4.05m x 2.00m
With ornate fireplace and two large windows to front

KITCHEN
3.51m x 3.74m
Recently refitted to a very high standard with an array of worktop
surfaces, built-in ovens, microwave and with inset induction hob with extraction canopy over, island unit and stainless steel sink and drainer with window to front

OFFICE/UTILITY
4.05m x 2.00m
Ideal large area for multiple uses with door to terrace with large shed

BEDROOM 1
4.43m x 2.00m
With window to front

Turning staircase to:

SECOND FLOOR

BEDROOM 2
4.56m x 3.15m
With window to front

BEDROOM 3
4.02m 2.47m
With window to front

BATHROOM
4.01m x 3.50m
Recently refitted to a high spec with sunken bath, shower cubicle, low level WC, wash hand basin, tiled flooring and walls, airing cupboard and window to rear

FIXTURES AND FITTINGS
All trade fixtures and fittings with the exception of our vendor’s private inventory will be included in this sale. A full inventory will be provided prior to exchange of contracts. All stock will be sold at valuation on completion. No testing of these fixtures or any appliance has been undertaken by the agents Ware Commercial.

SERVICES
Mains gas, electricity, water and drainage are all connected. No testing of these services has been undertaken by the agents Ware Commercial.

BUSINESS RATES
Please make enquiries on the local valuation website (VOA) at www.voa.gov.uk

TENURE
Freehold

VIEWINGS
All viewings and enquiries are to be made through the agents Ware Commercial.
TEL. 01803 328880 Email. info@warecommercial.com www.warecommercial.com
Tenure: Freehold

Listed by: Ware Commercial
Find out more about this business for sale opportunity by submitting the form below.
Contact Details Fields marked with an * are required by the seller
* * *
* * *
* *
* *

What happens next?
  • 1We send your email to the business seller
  • 2They will be in contact with you as soon as possible
Would you like ASC to contact you about finance options?
This is a no-obligation service. You will ONLY be contacted by your local
ASC Finance director. Your details will not be passed on to any third party.

OWL3443
Seller Reference:
Bookmark and Share
You May Also Like...
loading...