A fantastic, freehold 45-cover restaurant premises in the sought-after St. Marychurch district of Torquay, Devon. Previously operated as a successful owner-run restaurant for many years, the business now offers limited trading due to a lifestyle choice. This offers an excellent opportunity for a new owner to relaunch or repurpose the space. The property benefits from an immaculately presented and well-equipped commercial kitchen, separate ladies' and gentlemen's cloakroom facilities, and a valuable collection of feature original enamel signs which are included in the sale. There are dining areas on both street and lower ground floor levels which interconnect internally, as well as having separate entrances. Functions, events or even subletting could easily be a possibility. Subject to the necessary planning consents, the property may also offer potential for conversion into residential apartments. The premises enjoy low overheads, an ideal location and a great reputation, making this an opportunity not to be missed.

LOCATION
Memories Restaurant is in a prime location within St. Marychurch Precinct. This unit occupies a prominent trading position in a densely populated area with high levels of tourism. Marychurch Precinct forms part of a mixed parade of shops fronting the busy Fore Street. The surrounding area also features a well-established residential community, offering a strong sense of local connection and support. There is convenient parking immediately behind the premises, with an inviting al-fresco dining atmosphere to the front. The location is ideally positioned to take advantage of main arterial road links to all parts of Devon, with Torquay town centre just 5 minutes away and the Cathedral city of Exeter, including its international airport, within easy reach.

BUSINESS
This is a unique opportunity to acquire a well-loved, centrally located restaurant that has built a strong reputation over many years. Trading is currently limited due to the owners' lifestyle choice. While no formal accounts are available, the business historically generated a good income and offers significant potential for growth.

ACCOMMODATION
Entrance through part glazed doors to:

GROUND FLOOR
DINING AREA
8.22m x 5.39m
With 7 tables providing approx. 22 covers. This highly unique area has been comprehensively adorned with original wall signage of local, regional and national memorabilia. Generous sized tables with comfortable chairs together with 2 chandeliers and wall lighting, bespoke wood fronted and top bar with an array of optics on back wall, 1 twin under counter bottle fridge, 1 single under counter bottle fridge, 1 electric till, credit card machine and ample storage for crockery, cutlery and glassware.

STEPS LEADING TO

REAR CORRIDOR
This area has a door to the side, stairs leading to the lower ground floor dining area and doors to.

LADIES TOILET
With low level WC and wash hand basin.

GENTS TOILET
With low level WC and wash hand basin.

CUPBOARD
A good-sized cupboard for general storage.

KITCHEN
4.84m x 2.12m, 2.93m x 1.37m (L-shaped)
A spacious, light and airy space which has been fully equipped with the following: 1 six ring gas cooker & double oven with gas grill over and stainless steel extractor above, 2 free standing deep fat fryers, 1 panini griddle, 2 plate warmer cupboards, 1 commercial dishwasher, 6 microwave ovens, 1 stainless steel hand wash basin, 1 wall mounted gas water boiler, 1 upright fridge, 3 under counter fridges, an array of worktop space together with inset twin stainless steel sink & drainer, ample shelving for crockery, pots and pans, window & glazed door to side which leads to a court-yard.

LOWER GROUND FLOOR

DINING AREA
8.31m x 4.96m
A fantastically presented cosy area providing an additional 22 covers. This area can be accessed independently from the front or via the rear corridor of the restaurant upstairs. The area comprises of 3 bespoke dining cubicles, a snug with two tables and an additional table for three. To one side is an additional bespoke bar with seating and the bar is comprehensively equipped with drinks chillers, beer flash coolers, optics on back wall and ample space for storage of crockery, cutlery and glassware.

STORE
A large built-in storage area with refrigeration units and ample shelving for general storage.

COURTYARD
This is an enclosed courtyard which is only accessed from the kitchen and has both covered and an open area which could accommodate table & chairs.

OPENING HOURS
Current opening hours due to lifestyle choice and imminent retirement. There is no opening or closing restrictions.

STAFF
Only operated by a husband & wife team.

FIXTURES & FITTINGS
Trade fixtures, fittings, equipment, land and buildings except for vendor's private inventory will be included in this leasehold sale. Full inventory will be provided prior to exchange of contracts

SERVICES
Main's electricity, gas, water and drainage are all connected, however no testing of these services have been inspected by the agents, Ware Commercial

BUSINESS RATES
Please make your enquiries on the local Valuation Website (VOA) at

TENURE
Freehold
The two flats above were sold separately and are held on long leases. The owner receives a ground rent of £75.00 per year.

VIEWINGS
All viewings and enquiries are to be made through the agents Ware Commercial.
TEL. or Email.