This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

Restaurant for sale

Strete

Removed £575,000

Property Description

Key features

  • A Sympathetically Refurbished & Beautifully Presented Restaurant
  • Stunning South Hams Location Close to Award Winning Beaches
  • Spacious Customer Seating for Circa 45
  • Superior 3 Double Bedroom Accommodation with Sea Views & Terrace
  • Fabulous Opportunity to Acquire a Successful Home & Income Business

Full description

Strete is a beautiful village located on the main coastal road between Dartmouth and Kingsbridge and within a designated Area of Outstanding Natural Beauty much sought after of the South Hams. The village is situated on elevated coastal ground providing fabulous sea views and the award winning Slapton Sands and Blackpool Sands beaches which are approximately 1 mile away. Dartmoor National park is only a 30 minute drive making this location not just a picturesque place to stay but also an ideal base from which to explore the beautiful South West Coast and Countryside.

The Laughing Monk Restaurant is housed in the former village school which dates back to 1839. The school remained open until 1965 when the building was converted into a catering premises with accommodation. The building has been sympathetically refurbished to a high standard by the current owners and retains many of the original features, including the original oak floor, doors and open stone fire place. The Restaurant, which has been awarded the AA Rosette and the Gold Taste of the West Award, offers a range of fresh local produce including fish and shell-fish supplied by local fisherman and meat which is supplied by local Devon farmers. The modern English menu is enjoyed in the warm and relaxed atmosphere which has been skilfully created by the current owner /operators.

This superb building also has the benefit of superior 3 bedroom owner's accommodation with fantastic panoramic views out to sea. To the side of the accommodation runs an elevated decked terrace on which to enjoy the beautiful surroundings and views. Although the restaurant does not have customer allocated parking, the present owners have negotiated with the local church to use their car park; further details available on request. Trade comes from a far reaching catchment area and swells during the summer months when the many campsites, hotels and holiday cottages are full with visitors.

Bettesworths recommend an early viewing to really appreciate the quality and standard of this rather unique business and the accommodation.


EPC RATING D  

PRIVATE ACCOMMODATION 
With separate access from the parking area. Entrance into the hallway with tiled floor, wine fridge and access to the commercial trade area. Carpeted stairs leading up to the:- LOUNGE with wood flooring, stunning dual aspect 180o degree views of the coastline and exit to the decked terrace. SNUG with Velux window, electric wall mounted gas fire and bench seating with storage. DOMESTIC KITCHEN with a range of wall and floor mounted storage cupboards, tiled splash back, electric hob with oven and sink with drainer. TWO DOUBLE BEDROOMS with windows to the terrace. MASTER BEDROOM with access to the terrace and dressing room to the side. FAMILY BATHROOM with full suite.

GENERAL INFORMATION 

RATEABLE VALUE  
Draft List 2017 £10,700. This is not rates payable. Council Tax (To be advised.) For information, we advise you to contact the Local Authority, South Hams District Council.

TENURE  
Freehold.

STORE ROOM 
With Polar freezer and laundry area.

CUSTOMER SEATING AREA 
The restaurant spaciously seats 45 with 2 distinct areas; one providing seating for 25 at solid wood tables, chairs and original school benches, original stone fire place with wood burner, drop pendant lighting and beamed ceiling. The second trade area seats 20 and has a more modern feel with decorative wall paper and wood panelling below, leather high backed chairs and dark wood tables, wall mounted side lights and inset spotlights. This area provides the perfect setting for private functions.

GENTS CLOAKROOM 
Cubicle with WC, urinal and double sink unit. This cloakroom is accessed via a side hallway which has an exit to the main road.

LADIES CLOAKROOM 
Two cubicles with WC and inset double sink unit.

BAR 
With solid wood work surfaces and wood panelling below, back bar with wall mounted shelving unit, 2 under counter drink fridges, wash hand basin and electronic cash register.

TEA & COFFEE PREP ROOM 
Fresh Coffee/ Espresso machine, under counter fridge, wine rack and shelving for crockery and glassware.

COMMERCIAL KITCHEN 
An exceptionally well equipped kitchen with tiled flooring throughout and large water tank supplying both the commercial and residential accommodation. Wash Up Area with wall mounted shelving unit, roll top work surface with storage below, large upright fridge, commercial dishwasher, large stainless steel sink and drainer with Aquajet tap. Food Preparation Area with heated pass and hot plate cupboard beneath, convection oven, Hobart electric double deep fat fryer, flat and ridged griddle, Hobart 2 ring gas burner with oven under, commercial microwave, solid top gas burner with oven under, gas and electric emergency cut off valves, stainless steel splash back and commercial extraction system. A number of stainless steel prep tables and sink unit with drainer. Baking Room with walk in fridge, stainless steel prep tables, 2 commercial mixers, microwave and fridge freezer. Access to Rear Yard for deliveries and with BIN STORAGE, OIL TANK and LPG GAS CYLINDERS.

CUSTOMER WAITING AREA 
Two 2 seater leather sofas and wooden coffee table.

The property comprises:- 
An original detached stone built building with extension to the side and owners parking. The premises are mainly double glazed with oil fired central heating throughout. The building was rewired during the refurbishment in 2009. The restaurant is entered through the original school door into the main trade area.

BUSINESS 
The restaurant is operated by a Husband and Wife team where one is the chef and one is the 'front of house'. They are assisted by a 2nd chef and pot washer, and 2 part time front of house staff members. During the summer seasonal staff are also taken on. The restaurant opens 5 nights a week from 6pm during the summer and 6.30pm during the winter, closing Sundays and Mondays. The owners also chose to close for 2 months, November (or in December and January every year) through to February. Although the business is trading successfully, the next proprietor has huge scope to increase the trading times to 7 days a week during the summer season and to include lunches. We understand there is also demand for Christmas openings for the many visitors to the area at this time of year. For information on the trading figures of the business please contact the Agent dealing with the sale.

SERVICES 
We have been informed the premises are connected to mains water, drainage and electricity.

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

More information from this agent

Energy Performance Certificates (EPCs)

Map & Street View

Disclaimer - Property reference 7401630. 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.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.