THRIVING FULLY LICENSED CARIBBEAN RESTAURANT & TAKEAWAY

Ref : R1777

Price

Leasehold : Offers in the Region of :: £39,950.00 SAV SOLE AGENTS

Unless otherwise stated all rental figures and asking prices quoted in the above details are exclusive of any Value Added Tax that might be applicable.

  • Thriving fully licensed Caribbean restaurant
  • Enviable city centre location
  • Impressive lock-up premises superbly equipped and presented throughout
  • Authentic themed restaurant with covers approx. 40
  • Separate snack bar, kitchens, office and outside seating area
  • Popular and well established concern
  • Turnover approx. £230,000 per annum with healthy margins
  • Secure lease at realistic rent
  • Viewing strongly recommended

This impressive and reputable catering concern occupies a prime trading position in Market Avenue at the western end of the main city centre of Plymouth. The unit not only fronts directly on to Market Avenue, but also directly backs on to Plymouth’s indoor Pannier Market which has a full and varied selection of businesses represented within it. The market itself recently had a £3million facelift which has helped to ensure its continued popularity with locals. There is also a multi-million pound “medical hub” being built only a short walk from the restaurant and this again should draw people down to this part of the town, and ensure its continued popularity in years to come. As a result, the business enjoys a consistent year round trade and offers scope for future development.

Plymouth, with a population of over 250,000 is the largest city in the West Country.  Largely rebuilt since World War II it is now a thriving industrial and commercial centre and is still one of the Royal Navy's principal base and warship repair dockyards.  The city has excellent educational, recreational and entertainment facilities and access to the rest of the country is gained by road via the A38/M5 motorway and by rail.  Europe is also accessible by the car/passenger ferry which is operated from its terminal at Millbay Docks. 

The premises are lock-up and briefly comprise two interconnecting units which have been completely renovated and refurbished by our client to provide an authentic themed Caribbean restaurant fronting directly on to Market Avenue, together with a separate snack bar which fronts into the Pannier Market itself. The ground floor includes a restaurant area with reception/bar servery, the snack bar/kiosk and customer toilets. To the first floor there is a ladies’ toilet, offices, commercial kitchen and prep rooms. In addition, there is a “hole-in-the-wall” cash machine directly on to Market Avenue. An early viewing appointment is strongly recommended to fully appreciate the appeal, location and undoubted future trading potential of this well established catering concern.

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Office Address

Huntley & Partners
20 Luxus House
Forge Lane
Saltash
Cornwall
PL12 6LX

Telephone

01752 206020

(24hr answering service)