Restaurant for sale

Torquay

£49,900

Property Description

Key features

  • Versatile Restaurant Situated in a Prime Location near Torquay Harbour
  • 84 Covers Over Three Trade Areas
  • Benefits from Separate Owner's Accommodation
  • Trading Evenings Only, Affording Huge Potential to Increase Trade
  • Turnover for Year Ending 2017 250,000 with a Gross Profit of 61%

Full description

Torbay (comprising Torquay, Paignton and Brixham) is known as the English Riviera and for being an excellent tourist destination with such attractions as the beautiful Torbay beaches, the zoological gardens, marina and Torre Abbey Meadows. Jingles is located in a prime trading area amongst Torquay's best known clubs, bars and nightclubs and close to the Harbour side and Marina.

Jingles is one of the most popular and one of the longest established restaurants in the bay with the benefit of good roadside frontage. Specialising in Tex Mex style food along with dishes from around the world including America, Asia and the Mediterranean, Jingles offers a fun and lively atmosphere and is a very popular party/function venue. The décor is Mexican / American themed with memorabilia such as the Statue of Liberty, cactus plants with various Mexican rugs hung on the wall. The restaurant which has 84 covers divided between 3 trading areas has a strong local trade which is substantially boosted throughout the summer months. Currently trading evenings only there is potential to increase trade by opening lunchtimes. For further information please visit www.jinglesrestaurant.com


MAIN TRADE AREA 
Solid oak flooring throughout the first level with wooden tables and ornate high back wooden chairs seating 46. Bespoke BAR SERVERY with composite worktops, commercial non slip flooring, mirrored back bar with bottle storage and down lighters, 2 under counter bottle fridges, glass washer, wash hand basin and ice storage, multi soft drinks dispenser, 2 beer fonts, wine storage and electronic Epos till with printer connected to the kitchen. Rancilio coffee machine with separate grinder, storage cupboard housing the music system. Ceiling fan. Steps down to

SECOND TRADING AREA 
With oak effect vinyl flooring, cutlery station, internal fireplace and seating for 26. Steps up to a further trading area with solid oak flooring and further seating for 12.

COMMERCIAL KITCHEN  
Large, modern and well equipped kitchen with commercial non slip flooring throughout and a range of equipment.

STARTER PREPARATION AREA 
Upright Gramm fridge, 3 door freezer unit with worktop, 2 commercial microwaves, Lincat double deep fat fryer and Bakers Pride Pizza oven. Step up to:-

MAIN FOOD PREPARATION AREA 
4 commercial microwaves. Moffat hot cupboard with single gantry and upright Gramm freezer. V Ray Blue Seal double deep fat fryer, 3 burner charcoal grill, 6 ring gas hob with oven under and extraction system over. Large stainless steel meat fridge, walk in chiller unit and fresh air blower system. The kitchen has the benefit of a

WAITRESS PAGER SYSTEM  
The waitresses wear pagers, the chef will dial in the pager number to call a specific waitress when their order is ready.

WASH UP AREA 
Large stainless steel sink with drainer and storage under and commercial dish washer. Door to a SMALL REAR YARD used for bin storage.

STAFF CLOAKROOM  
With WC, wash hand basin and tiled floor.

LAUNDRY AREA 
With washing machine and tumble dryer.

CHEFS CHANGING ROOM AREA  
Accessed through the rear of the kitchen are stairs up to a changing area and storage space.

LADIES CLOAKROOM 
Fully tiled, non slip flooring, wash hand basin, electric hand dryer and 2 cubicles with WC.

GENTS CLOAKROOM 
Fully tiled, non slip flooring , wash hand basin, electric hand dryer and urinal, separate cubicle with WC.

DISABLED CLOAKROOM 
Wash basin and WC. Stairs up to:-

DRY STORE 
With walk in fridge and walk in freezer and shelving.

ALCOHOL STORE  
With hot water boiler, ice machine and beer cellar with ring main and python.

OFFICE  

PRIVATE SELF CONTAINED OWNERS FLAT  
With separate entrance off Torwood Street leading to:-

COMMUNAL ENTRANCE HALL  
With stairs up to:-

FLAT 34A 
Newly refurbished with new double glazing and gas central heating combi boiler.

ENTRANCE HALL 

LARGE LOUNGE/DINER 
With front aspect and harbour views.

KITCHEN  
With electric cooker and oven under, sink with drainer, wall and floor storage cupboards and plumbing for washing machine.

Stairs up to:-  

BEDROOM 1  
Double room with harbour views.

BEDROOM 2 
Double room with loft access.

BATHROOM  
Currently vacant. New full bathroom suite with separate shower. Rental value £650-£700 pcm.

GENERAL INFORMATION 

RATEABLE VALUE 
2017 List - £22,500. This is not rates payable. Council Tax Band B for the owner's accommodation. For information, we advise you to contact the Local Authority, Torbay Council.

BUSINESS 
The restaurant opens for evening meals from 6pm Monday to Sunday. Run by the proprietor with the help of 6 full time kitchen and waiting staff and 3 part time waiting staff. There is potential to extend the trading hours and open over lunchtime. The business benefits from having private 2 bedroom owners accommodation. Full accounting information will be made available to bona fide interested parties following a formal viewing.

TENURE 
The business is available by way of a new 15 year fully repairing and insuring lease at a guide rent of £29,000 per annum. Further terms to be negotiated.

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

SERVICES 
We have been informed all mains services are connected.

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

EPC RATING F 

More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Torquay (0.9 mi)
  • Torre (1.3 mi)
  • Paignton (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bettesworths, Torquay

29 - 30 Fleet Street, Torquay, TQ1 1BB

01803 367002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Torquay (0.9 mi)
  • Torre (1.3 mi)
  • Paignton (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bettesworths, Torquay

29 - 30 Fleet Street, Torquay, TQ1 1BB

01803 367002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 5630042. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Bettesworths, Torquay. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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