Central Town location
Traded as a lifestyle business
48+ internal covers in two areas
Courtyard seating for 24
1-2 bedroom owner's accommodation
Potential to reinstate takeaway / evening trade
Robust Turnover and profits
Same ownership since 2005
The Spinning Wheel is positioned just off the main thoroughfare, in a central location of the highly desirable estuary town of Dartmouth. The town lies at the mouth of the River Dart in an area of outstanding natural beauty, tranquil countryside and iconic coastline scenery and is located within the wider region known as the South Hams. The town enjoys stunning views over the River Dart and across to Kingswear, whilst also benefiting from a consistent residential population, that is boosted in the summer months. The estuary is home to numerous mariners, attracting cruise liners and an influx of yachting fraternity throughout the year.
An immensely popular and flourishing Tea Rooms, café & restaurant, 2 stories in height under a pitched slate roof with painted rendered elevations and further extensions to the front. The property briefly comprises open plan ground floor trading areas, service area and station, commercial kitchen and ancillary storage areas on the ground floor in addition to a 'gallery room' (formerly used as a takeaway) with further customer seating, with the 1-2 bedroom owner's accommodation on the first floor. The business has been owned and operated by our clients since 2005 and has always attracted an eclectic mix of customers, but more recently traded as a lifestyle business due to their pending retirement.
Leasehold Term: Rental £20,400 Per Annum
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