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Restaurant/cafe for sale

£25,000 Offers over

Hyde Road, Paignton TQ4

Interested in this property? Call +44 1803 268798 * or

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Property features

  • Catering Kiosk
  • Located in Victoria Park Overlooking Play Area
  • Modern Purpose Built Unit Operating Throughout the Year
  • Outside Seating Area for Approximately 20
  • Turnover for Year Ending March 2015 £30,556 With Strong Net Profits
  • Superb Opportunity

Property description

Centrally located within Paignton, Victoria Park is approximately 11 acres in extent and is a wooded pleasure and recreation ground. The park is situated between Hyde Road and Torquay Road with access to central areas and the sea front. Park Snacks Kiosk overlooks the popular child's play area and is adjacent to the skate park, tennis and football courts. Park Snacks Kiosk is a modern purpose built structure. This well-equipped unit trades daily from 1st April through to 30th September reducing to weekends only from 1st October to 31st March. The current owner choses to close for January and February. Park Snacks offers a range of hot meals including burgers, chips, hot dogs and jacket potatoes. There is also a full range of snacks such as pasties, pies, sausage rolls, toasties, ice cream and confectionery alongside a choice of hot and cold drinks. This unrivalled business has a hygiene rating of 5 and is currently exempt from rates under the Small Business Rates Relief Scheme. The current owner has a Council license for seating

The premises comprises:-
A permanent structure with side entrance from Hyde Road. The unit has a double glazed serving hatch wih electric roller shutter and external blind. The unit is well equipped with a range of equipment including double deep fat fryer, Lincat chip scuttle, Lincat contact grill, 2 microwaves, external extraction system, 2 undercounter freezers, 2 large upright drinks fridges, Bravilor bonamat coffee machine, large ice cream chest freezer and slush machine. The business also has a whip and go ice cream machine by Carpigiani. The kiosk has stainless steel work surfaces, double sink uni with drainer and separate wash hand basin with electric water heater, electronic cash regsiter, wipe down wall cladding and wall mounted storage cupboards.


General information

rateable value


2017 List: £1,775We have been informed that the Kiosk qualifies for 100% Small Business Rate Relief. For further information, we would advise you to contact the Local Billing Authority, Torbay Council. Tel .


Business


Park Snacks is operated by the owner with the help of seasonal staff during the height of the season. The turnover for year ending March 2015 was £30,556 with an abridged net profit of approximately £16,600. Further accounting information will be made available to bona fide applicants following a formal viewing.


Tenure


The land and building are owned by a private landlord. We have been informed that a new 6 year Lease will be available, subject to satisfactory references, at a starting rent of £3,000 per annum, rising to £3,600. The License to trade and for the outside seating area is provided by Torbay Council. This is non assignable and the council will be required to approve any new tenant prior to issuing a new license. The fee is £625 per annum. The Landlord will also consider including one of the adjoining parking spaces for the term of the lease.


Services


The site is connected to mains electricity and water. The unit has an automatic pump for drainage into the main sewer.


Inventory


To include furnishings and equipment as per an inventory to be supplied, but excluding the owners personal effects


Stock


Wet and Dry stock in trade will be taken over by the purchaser at valuation on the day of completion.


Property info

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Overall rating:

  • currently 3.5 stars
Good - 75% (104 ratings)

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Nearby transport

  • Paignton (0.1 miles)
  • Torquay (1.9 miles)
  • Torre (2.6 miles)
  • Exeter International Airport (21.6 miles)
  • Cardiff Airport (67.1 miles)
  • Bristol Airport (75.1 miles)
  • Torquay Harbour Boarding Pontoon (2.3 miles)
  • Torquay - North Quay (2.4 miles)
  • Brixham Ferry Landing (3.6 miles)

Nearby schools

View all schools in Torbay
  • Sacred Heart Catholic School (0.3 miles)
  • Curledge Street Academy (0.3 miles)
  • Oldway Primary School (0.3 miles)
  • South Devon College (1.8 miles)
  • Eat That Frog C.I.C. (2.6 miles)
  • EF Academy Torbay (2.6 miles)
  • Tower House School (0.4 miles)
  • Torbay School (0.4 miles)
  • Paignton Community and Sports Academy (1.0 mile)
Note: Distances are straight line measurements

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For more information about this property, please contact
Bettesworths, TQ1 on +44 1803 268798 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bettesworths, and do not constitute property particulars. Please contact Bettesworths for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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