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Restaurant/cafe for sale

£25,000

14 The Quay, Brixham TQ5

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Property description

Business
Owned and operated by a locally renowned and respected chef, with assistance from his second chef.

The Poopdeck is a long established and very profitable restaurant with a fantastic seafood based menu. Extremely popular with both the locals and tourists; as well as passing trade.

The current shortened opening hours are by the lifestyle choice of our client, and leave huge scope to grow an already successful trade, up For Sale due to the owners wish to take a well-earned retirement.

Licensed with A3 planning, the business would suit several wide and varied catering styles or cuisines. The current seafood offering is extremely popular and very appropriate given the premises location and is accompanied by a superb wines & liqueurs menu.

Catering for all patron sizes from more intimate or private dining, to pre-booked parties and functions. The restaurant prides itself on fish stocks freshly caught that morning, prepared and cooked to order.

A vibrant and professional looking website and online presence, including social media and excellent TripAdvisor feedback, help to create a well-established overall branding and image with busy online booking system.

With an imaginative menu including daily specials, the average spend per head is around £20 per person.

Perfect for a husband and wife team or chef and partner, plenty of scope remains for organic business growth, and new blood ideas.

Location

Brixham Harbour, Devon.

Brixham is the largest grossing market

Main quayside location in busy English Riviera resort.

Adjacent many other independent and complimentary operators.

Local population circa 17,000, plus regular annual tourism.

Opposite main ferry boat moorings.

Premises
A prominent and well positioned premise with excellent signage and kerb appeal, situated on the main Quayside. Natural turn timber staircase rising from ground floor entrance vestibule to first and second floor trading areas, and large 1 bedroom owner’s apartment to the top floor with front decked veranda overlooking the harbour.

There are 50 covers on first floor and additional 16 covers on the 2nd floor

The trading areas are all well-presented and maintained in a Mediterranean terracotta style decor and ambience, and have a good selection of loose dining furniture, stripped timber floors, and a nautical theme running throughout.

To the rear of the first-floor dining area is a fully equipped commercial trade kitchen with stainless steel prep, serve, and pass, gas cooking range with full extraction, commercial dish washer, and upright fridges.

The premise also benefits from a waiter station, plentiful storage, ancillary areas, and Ladies & Gents wc’s.
Tenure
Held on a 15-year renewable lease.

This runs out in 2018, landlord willing to offer another 15-year lease.

Subject to a rent of approximately £14,000 per annum.
Hours
Monday: Closed

Tuesday: 18:00 to 21:30

Wednesday: 18:00 to 21:30

Thursday: 18:00 to 21:30

Friday: 12pm to 14:30 / 18:00 to 22:00

Saturday: 12pm to 14:30 / 18:00 to 22:00

Sunday: 12pm to 14:30

Please note that the restaurant closes fully for 2 months per year.
Staff
Hands on owner/chef, with assistance from second chef and several part time waiting staff.
Financial profile
Turnover for the year ended June 2016 was £170,213 with an abridged net profit of circa £36,500. Gross Profit is around 65%.

Please note that the restaurant closes for two months annually, with all annual accounting information representing 10 months only.

What Zoopla users think of Brixham

Overall rating:

  • currently 3.5 stars
Good - 74% (101 ratings)

Ratings breakdown:

  • currently stars
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  • 1
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Nearby transport

  • Paignton (3.4 miles)
  • Torquay (4.6 miles)
  • Torre (5.5 miles)
  • Exeter International Airport (23.7 miles)
  • Cardiff Airport (69.5 miles)
  • The Blaye Airport (74.9 miles)
  • Brixham Ferry Landing (0.0 miles)
  • Brixham Harbour Boarding Stage (0.1 miles)
  • Greenway House Ferry Landing (3.6 miles)

Nearby schools

View all schools in Torbay
  • Furzeham Primary School (0.1 miles)
  • Brixham Church of England Primary School (0.4 miles)
  • Eden Park Primary School Academy (0.8 miles)
  • South Devon College (3.5 miles)
  • Eat That Frog C.I.C. (4.9 miles)
  • EF Academy Torbay (5.0 miles)
  • Brixham College (0.4 miles)
  • Churston Ferrers Grammar School Academy (2.0 miles)
  • Tower House School (3.5 miles)
Note: Distances are straight line measurements

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (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 Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial 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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