Turnkey restaurant with separate rental kiosk and strong footfall potential.
Two trade areas providing 36 covers
Set on Fleet Street in the heart of Torquay’s harbourside, this established leasehold restaurant offers a turnkey opportunity for an owner/operator or investor. The premises include two trade areas providing 36 covers, low running overheads and a separate lock-up kiosk currently let for £5,000 per year, creating an immediate secondary income stream.
Trading only four evenings a week at present (6–9pm), the business has clear upside from extended opening hours, daytime trade or themed/tourist offers linked to nearby harbour and hotel footfall. Recent and planned investment in the area — including a nearby £40m mixed-use development and a Hilton hotel — should increase visitor numbers and local demand.
Key practical features: leasehold sale at £35,000, excellent mobile signal and fast broadband, and no recorded flood risk. Material considerations include the location’s very high crime statistics and high area deprivation, which may affect staffing, security costs and customer perception. The property sits in a city-centre pedestrian zone with classical architecture and medium-sized dining space; further refurbishment could tailor the fit-out to new concepts.
This listing suits a hands-on operator seeking a compact, well-located base with immediate income from a let kiosk, or an investor willing to develop trading hours and marketing to capture tourist and local trade. Prospective buyers should factor in lease terms, local security measures and possible fit-out investment to broaden trading times.
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