Pier Point Bar & Restaurant with Takeaways, Torbay Road, Torquay, Devon, TQ2 5HA

Presenting Pier Point - a highly profitable, turn-key business in a 100% management led business with a trained, long standing team and operational systems already in place.

The trading area is on one floor, with 240 covers across the internal and two external trading areas.

Pier Point occupies a prime, high-footfall promenade position immediately adjacent to a major regional theatre. This location guarantees consistent pre and post show dining crowds alongside heavy summer tourist traffic.

Operating as a high-quality fish & chip restaurant with an established, high-volume takeaway trade with a heavy-duty commercial kitchen.

The property occupies an enviable location directly adjacent to the renowned Princess Theatre on Torquay’s vibrant seafront within the English Riviera, benefiting from strong visibility in a high footfall area throughout the year.

The town is well connected via the A380 South Devon Highway, providing direct access to Exeter and the M5 motorway, while Torquay railway station offers regular services to regional and national destinations. The wider area is well known for its beaches, coastal walks and attractions, including Paignton Zoo and Babbacombe Model Village.

Overall, the property benefits from a highly attractive and accessible seaside location, supported by a combination of year-round local demand and substantial tourism.

Presented to a high standard throughout with a contemporary finish befitting its prominent waterfront location. The main trading area provides extensive restaurant seating together with a dedicated takeaway operation. Supporting the business is a large, fully equipped open plan commercial kitchen designed to cater for both the restaurant and high-volume takeaway trade. Additional facilities include an Ice cream takeaway counter, customer toilets and a cellar, creating a well-configured operation capable of servicing significant customer volumes.

The trade fixtures and fittings are included in the purchase price other than a small amount of personal items which will be removed.

The floorplan shown below is the most accurate version we have, however it is possible there have been slight amendments since.

The external seating consists of two areas, the promenade area, with a capacity of 80 covers and to the side of the building a courtyard area offering multiple seating with 2 large permanently fixed parasols with electric heaters and lighting. both these areas offer unparalleled sea views across the bay, making this a favoured spot on the promenade.

A unique opportunity to aquire 100% shares of a cash free, debt free, multi award winning trophy asset in a prime promenade location on the English Riviera.

The business is fully management operated and offers a genuine turnkey opportunity. With seating for around 240 customers, a high-volume takeaway trade, with future development potential through a proposed first-floor extension, the business is well placed to benefit from Torbay's ongoing regeneration programme.

Over the past five years, Pier Point has delivered consistent, year-on-year revenue growth. Although a seasonal resort, winter trade has significantly increased in recent years, and the business has proven its resilience outside the peak tourist season. This steady growth is due in part, to Torbay Council initiatives including, but not limited to, the 5 week Christmas Bay of Lights festival, which continues to draw increasing visitor numbers each year.

The sale is subject to TUPE - Transfer of Undertaking (Protection of Employment), all staff will transfer with the business on completion. Anonymised schedules will be available in the data room for review by qualified parties only.

Full Financial details are available upon signing of a NDA.

Monday - Sunday: 10:00 - 22:30
Food served: 12:00 - 21:00

Planning permission was granted in 2022 for a substantial first-floor extension (architect drawings available). These plans have recently lapsed.

This is an opportunity to acquire a Torbay Borough Council fully repairing and insuring long lease, ending in 2049.

Rent review in 2031.

Copy of the lease is available on request.

Current rateable value (1 April 2026 to present): £58,000.

Premises Licence.