Sea Shack, Cliff Park Road, Paignton, Devon, TQ4 6NB
- SIZE AVAILABLE
11-1,389 sq ft
1-129 sq m
- SECTOR
Restaurant to lease
Lease details
- Lease available date:
- Ask agent
- Lease type:
- Long term
Key features
- All sensible offers considered - Smart licenced café and bar with separate retail for beach goods. £120,000 Premium - Will sublet for £40,000
- A stone's throw from the golden sands at Goodrington Beach
- Very supportive (and large) community for year round trade
- Lucrative beach retail store and takeaway for the warmer months
- Hybrid daytime cafe and evening bar
- Has been used for music events and private functions
- Family commitments forces sale. Sub let considered
- Planning applied for extension of kitchen for additional storage
Description
The main premises comprise an open plan trading area (13m x 9.7m average) with full glazing to the front and smart driftwood style decor which can accommodate up to 55 covers to include a useful raised area to one end. Bespoke servery with attractive rowing boat style shelving for cafe and bar use. Customer toilets, storage room and beer cellar. Fitted kitchen with planning submitted for extension to incorporate further storage to future proof the growing business needs. The the front of the shack there is bench seating whilst to the side there is an enclosed compound for additional storage. The retail and takeaway is a real summer gem and very popular given the location within a 2 minute walk of the beach. Lock up unit of (9m x 3m) with ample space for beach goods both inside and out (on the terrace) plus takeaway section.
The business has been transformed by our clients who took on the original beachshop business and have since undertaken a comprehensive refurbishment to create a vibrate venue that appeals to locals and visitors alike. During their first year they have proved that the sea shack is popular year round with the local customers very supportive of their sunday music events and private functions. This year, due to family commitments and a very busy summer season our clients have decided to close to recoup and will reopen again unless a new operator is found in the meantime. Ample opportunity exists to enjoy both the strong underlying business already created and to build on the cooler months and extended opening.
Location
Goodrington is a popular suburb of Paignton, centred on the golden sands of its beach, with ample facilities nearby and a last reported population of 7,431 (census 2021) in addition to the significant surrounding visitors from Torbay and Teignbridge who visit the area for the beach (North beach being dog friendly year round) Youngs Park and Quay West Water Park. The South West Coast path is between the subject venue and the beach and population swells considerable during the warmer months at which times our client enjoy significant additional revenue from their adjoining beach shop and takeaway.
Accommodation
All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition).
Planning
Local Planning authority
Rent / Price
Available by way of lease assignment for £120,000 to include the trade inventory. Stock in addition and at valuation. Rent £7,000 pax. Applicants will need to provide proof of funds and provide credit and personal reference for landlord approval. Leasehold with 10 year terms from August 2022.
Our client's will consider a sub letting for a minimum 12 month term. Ingoing costs £40,000 to include trade inventory which will be valued once terms are agreed and revalued for a buy back at end of term. All bills to be the responsibility of the sub tenant. Subject top landlord consent.
Service Charge
N/A
Business Rates
From the Valuation Office Agency website ( we understand that the current Rateable Value is £7,200 and as such subject to 100% rates relief under the small business scheme.
Services
We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.
EPC
D97
Legal Fees
The ingoing tenant is responsible for the landlords reasonable legal fees to deal with the leasehold assignment in relation to this transaction.
VAT
All figures quoted are exclusive of VAT if applicable.
Brochures
Sea Shack, Cliff Park Road, Paignton, Devon, TQ4 6NB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Paignton Station1.0 miles
- Torquay Station2.9 miles
- Torre Station3.7 miles
Vickery Holman is a multi-disciplined property company, the roots of which can be traced back as far as 1848. Today, the consultancy has more than 60 people working in four offices, strategically placed across the South West. Vickery Holman is a limited company, owned by its employees, and is a member of the RICS (Royal Institution of Chartered Surveyors).
Our consultants offer a full spectrum of skills in all areas of property, from all aspects of general practice and building surveyin
Notes
Disclaimer - Property reference 20776LH. 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 Vickery Holman, Exeter. 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.
Map data ©OpenStreetMap contributors.