Summary - 32, THE STRAND EX8 1AQ
1 bed 1 bath Restaurant
**Standout Features:**
- Prime town center location in vibrant Exmouth
- Recently refurbished, fully equipped café bar and restaurant
- Spacious seating area for 30+, expandable for more guests
- Well-appointed commercial catering kitchen with extensive facilities
- Air-conditioned, modern design with quality fixtures
- Ten-year lease with 10 years remaining, chain-free
**Notable Concerns:**
- Leasehold property may face financing difficulties for mortgage lenders
- Area classified as having very high crime rates and socio-economic deprivation
**Summary:**
Discover an exceptional opportunity in the heart of Exmouth with this beautifully presented, fully equipped café bar and restaurant. Recently refurbished to a high standard, this licensed premises boasts a prime trading position surrounded by bustling businesses, making it an ideal setting for a thriving hospitality venture. The restaurant comfortably accommodates over 30 guests, providing ample room for expansion, while the modern, air-conditioned environment enhances the dining experience.
The commercial kitchen is a chef's dream, fully outfitted with top-of-the-line equipment including walk-in fridges, a deep-fryer, and a Lainox combi oven, ready for immediate operation. The property benefits from a well-established customer base, and new owners can further develop their vision by exploring alternative trading styles or extending the premises for outdoor seating, subject to local authority approval.
However, potential buyers should note that the remaining 10-year lease may pose challenges for mortgage funding, as lenders may shy away from properties with limited tenancy longevity. Situated in a vibrant coastal town frequented by tourists and locals alike, this business opportunity is not to be missed. Schedule a viewing today and envision yourself thriving in this lively community!
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