Restaurant for sale

Herbies, North Street, Exeter, Devon, EX4

£89,950

Property Description

Commercial information

  • Business for sale
  • Use class orders: A3 Restaurants and Cafes

Key features

  • Thriving Well Regarded Restaurant
  • City Centre Trading Location
  • Restaurant Area for 50 Customers
  • 3 Bed Private Accommodation
  • First Time on Market for 28 Years
  • Net Profit in Excess of 45,000

Full description

Tenure: Leasehold

THE PROPERTY Herbies is a thriving and well regarded licensed restaurant which is presented to a high standard throughout, having been owned by our clients for the last 28 years. Herbies has a well established and niche reputation as Exeter's first vegetation restaurant and it remains the only dedicated vegetarian licensed restaurant which opens both lunchtimes and evenings. The restaurant and ancillary areas occupy the ground and lower ground floor premises whilst the owners accommodation occupies the first and second floors. The premises offers potential for incoming operators to take advantage of this well equipped restaurant premises with a first class reputation and an extremely well established clientele, however it also offers potential for incoming operators to develop an alternative style of trade to suit their own requirements, should they so wish. The premises briefly comprise:- an attractive Main Restaurant Area comfortably seating 50 customers with space for additional covers if required; well equipped Commercial Catering Kitchen, ancillary and welfare facilities; spacious and well presented family sized 3 Double Bedroom Owners Accommodation with Sitting Room, Dining Room, Kitchen, Bathroom and Private Roof Terrace.

SITUATION Herbies is located in North Street, one of the main thoroughfares and a busy trading position, just off the High Street, in the main shopping area of Exeter city centre. Herbies benefits from the considerable commercial advantages of its much sought after trading location, close to two large public car parks, offices, and several well known national retailers. Exeter itself is the regional capital of the South West and as such, is not only an established and expanding business centre, but also a popular tourist destination year round. Renowned for its historic cathedral, university and waterside developments, Exeter boasts excellent transport communications with two mainline rail links to London, an international airport and easy access to the M5 motorway at Junction 30.

INTERNAL DETAILS GROUND FLOOR Glazed central entrance door to front with windows at either side into Main Restaurant Area a spacious open plan restaurant area partially sub-divided by central stairwell with wood laminated flooring, painted part wood panelled walls, wall mounted menu boards, range of free standing tables, chairs and bench seating for 50 customers comfortably with additional space if required. Open plan into Customer Servery Area with display shelving, tiled flooring, perimeter worksurfaces, under counter fridge, glass fronted bottle fridge, electronic cash register, coffee machine. Again open plan through into Commercial Kitchen with tiled flooring, part clad and stainless steel lined walls, fitted with a comprehensive range of commercial catering equipment to include:- 6-burner gas hob, extractor fan, turbo fan oven, 3 commercial microwave ovens, 2 salamander grills, wall shelving, stainless steel worktops with shelving below, 2-door counter fridge unit, commercial upright fridge, commercial upright freezer, commercial dishwasher, deep bowl stainless steel sink unit, under counter freezer, stainless steel wash hand basin, door to outside rear. Dry Goods Store fully shelved.

LOWER GROUND FLOOR 3 Customer WCs, Cleaning Store, Dry Goods Store shelved with 1 upright fridge and 2 chest freezers.

Please note: The fittings, equipment and services listed have not been tested by the agents, although we are informed that all items are in working order.

EXTERNAL DETAILS To the rear is a pedestrian passageway and bin store area.

PRIVATE ACCOMMODATION Situated above the restaurant is the spacious and well presented family sized owners accommodation which briefly comprises:-

FIRST FLOOR Sitting Room a good sized and attractive room with bay windows to the front. Open plan through into Dining Room with windows to the rear and open plan to the Kitchen Area being fitted with a range of base and wall mounted units with French doors to rear leading out onto the Private Roof Terrace Area.

SECOND FLOOR Bedroom1 a double room with aspect to the rear. Bedroom 2 a double room with aspect to the front. Bedroom 3 a double room with aspect to the front. Bathroom with shower over bath. Separate WC.

THE BUSINESS Herbies is an extremely well established and well regarded licensed restaurant specialising in vegetarian food and has been owned by our clients for the last 28 years. Renowned as Exeter's first dedicated vegetarian restaurant, it consequently boasts excellent levels of regular repeat trade, word of mouth recommendations and an excellent following, not only from Exeter but also from the surrounding towns and villages. Renowned as one of the best restaurants in Exeter, its reputation is further enhanced by excellent reviews and a TripAdvisor Award for Excellence. The business has also been awarded a 5 Star Food Hygiene rating. The business is being offered for sale due to retirement.


More information from this agent

Nearest stations

  • Exeter Central (0.2 mi)
  • Exeter St. Thomas (0.5 mi)
  • Exeter St. Davids (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

STONESMITH, Exeter

Suite B, Castle View Barns, Woodmanton, Exeter, Devon EX5 1HQ

01392 799015 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

  • Exeter Central (0.2 mi)
  • Exeter St. Thomas (0.5 mi)
  • Exeter St. Davids (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

STONESMITH, Exeter

Suite B, Castle View Barns, Woodmanton, Exeter, Devon EX5 1HQ

01392 799015 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.

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