UNIQUE FREEHOLD RESTAURANT & BAR - TORQUAY
Price:
Freehold - £695,000
Business Type:
Commercial Property, Food Service Businesses, Pubs
We are delighted to be able to offer this most rare opportunity to acquire a substantial freehold business and property which is ideally situated, occupying a prominent position fronting both Walnut Road and Falkland Drive in Torquay. This themed styled 98 seater restaurant has earned itself a fine reputation with visitors and locals alike coupled with extensive outside seating, owners sumptuous accommodation and being only a short walking distance to Town Centre and Sea Front
THE BUSINESS
- Ocean Drive Restaurant and Bar has been owner occupied and trading successfully for a number of years with the assistance of additional staff. Due to owners lifestyle choice the business has been running with deliberate restrictive trading hours during evenings only. We, the agents, feel that there is great scope to expand on the existing trade by expanding on the opening hours ie lunch times and also with improvements to the existing marketing. Actual trading figures will be provided following a successful formal viewing
WEBSITE
- www.oceandriverestaurant.co.uk
ACCOMMODATION COMPRISES
- The current owners have been collecting an impressive collection of American show business memorabilia. Throughout the various dining areas and bars (both inside and out) you will find lifelike statues including Humphrey Bogart, Marilyn Munroe, Elvis, Blues Brothers and many more. All of this memorabilia will be included in this sale.
Access through wrought iron gates from Walnut Road across front courtyard into
FRONT LOBBY
2.93m x 2.47m (9' 7" x 8' 1") – With comfortable seating, reception desk, ladies and gents cloakrooms and archway through into
BAR
4.78m x 3.49m (15' 8" x 11' 5") – With wood fronted, tiled topped ‘L’ shaped bar with 3 x pumps, optics and shelving to rear and with an array of various under counter refrigerator units, till and filter coffee machine. Archway leading through to
DINING AREA 1
- This is a conservatory with windows to three sides with four tables providing for 10 covers also benefiting from large sliding door to front which leads out onto front patio area with large round hot-tub and steps leading down to
LARGE STORE
- Keg room and for storage of wines, spirits and dry goods
UPPER DINING AREA
4.63m x 4.56m (15' 2" x 15' ) – Comprising of 9 tables and chairs for approx 20 covers with large French doors leading out to side garden
Steps leading down to
LOWER DINING AREA
6.31m x 4.36m (20' 8" x 14' 4") – Comprising of 7 tables and chairs for approx 28 covers with three large windows to side making this area both light and airy
REAR LOWER LEVEL LOBBY
- This is ideal lobby providing cloakroom access for those customers dining outside. Doors leading to
LADIES CLOAKROOM
-
GENTS CLOAKROOM
-
DISABLED CLOAKROOM
- Steps leading up to
COCKTAIL LOUNGE/BAR
– Large wooden fronted and top bar with optics and shelving to rear together with various under counter refrigeration units. Three high tables and high stools together with dance floor and three windows to front and both sides together with French doors leading to balcony to two sides to offer additional al fresco seating
KITCHEN
5.79m x 3.03m (19' x 9' 11") – This has been comprehensively tiled throughout and is equipped with 4 ring gas cooker and oven, twin basket deep fat fryer, 3 door under counter refrigeration unit with stainless steel top for prep, 2x large wall mounted grills, 3 x microwave ovens, 1 x free standing large steam convection oven, 3 x stainless steel prep tables, 1 x 2 door under counter refrigeration unit with stainless steel top for prep, 1 x table top twin deep fat fryer. Window to side and door to rear enclosed courtyard where there are two large free standing sheds for additional storage and also separate access for deliveries
OUTSIDE AREA
- There is a large established garden area again with further seating for 140 together with a further piano bar area which opens hydraulically. Also to side there is a private car parking for owners with 4 to 5 spaces which leads directly onto Falkland Drive. Adjacent to the property is substantial pay and display parking which is free of charge after 6 in the evening.
The garden has an American theme so one could end up drinking with Marilyn Munroe or Elvis and even the colour bar is in the style of a grand piano. The garden area also has abundant plants and has plenty of interesting seating areas to choose from
- Ocean Drive Restaurant and Bar occupies a prominent position fronting Walnut Road and Falkland Drive which are situated only minutes walk from Town Centre and Sea Front and also being on one of the main arterial routes into Torbay
During the Summer months the business is open 7 days per week from 6.00pm to 12.30 am and lunchtime
OWNERS ACCOMMODATION
- This is accessed from
ENTRANCE LOBBY
- With private door and turning staircase leading up to
FIRST FLOOR LANDING
- With balustrade and doors leading off to
OFFICE/LOUNGE
3.59m x 2.48m (11' 9" x 8' 2") – With window to side and archway leading through to
KITCHEN
- Newly refitted with array of base and wall mounted units with inset one and a half stainless steel sink and drainer. Window to rear
BATHROOM
- Comprising of a full length bath, bidet, low level WC and wash hand basin. Fully tiled to walls and floor
BEDROOM 1
4.84m x 3.92m (15' 11" x 12' 10") – With an array of fitted bedroom furniture. Window to rear
BEDROOM 2/STUDY
3.52m x 1.79m (11' 7" x 5' 10") – Window to rear
LOUNGE
4.65m x 2.81m (15' 3" x 9' 3") – Ornate beamed ceiling and with French doors leading out to balcony overlooking gardens to front
North Yorkshire
£ 750,000
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