32 The Strand, Exmouth, Devon, EX8

Guide price

£29,000

Size

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Tenure

Leasehold

EPC

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Parking

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Primary use
Restaurant

No floor / site plan

Key features

  • Extremely Well Presented and Fully Equipped Licensed Premises
  • Prime Trading Position In A Desirable and Vibrant Town Centre
  • First Class Purpose Fitted Lock Up Premises
  • Opportunity To Develop The Style Of Trade
  • Main Bar and Restaurant Area (30+) With Ample Space For More
  • Commercial Catering Kitchen With Extensive Ancillary Facilities

Description

An impressive and recently refurbished lock-up restaurant and bar premises, boasting a prominent town centre trading position. The premises have undergone a comprehensive and stylish refurbishment to an exceptionally high standard throughout in the last 4 years and was a well-regarded, high-quality licensed café bar and restaurant, prior to closure in 2025. Offering modern contemporary furnishings and décor and occupying a vibrant town centre trading location, 32 The Strand provides an exceptional operating environment being furnished and fully equipped and offering potential for incoming operators to develop their own style of trade and cuisine, to suit their own requirements. These impressive modern restaurant and bar premises briefly comprises: - Attractive air-conditioned Main Restaurant with Central Bar Servery Area currently seating 30+ with ample space for more covers, well equipped Commercial Catering Kitchen, Ancillary and Welfare Facilities including 2 walk-in fridges/freezers. A viewing of 32 The Strand is strongly recommended to fully appreciate all aspects of this extremely well presented town centre bar and restaurant, which is fitted out to a high standard at considerable cost. Please note that the Wine Hub name and branding will be retained by our clients, as this is used in association with their other business.

SITUATION
32 The Strand occupies a prominent trading position, enjoying all the considerable commercial advantages of a prime trading position amongst other complementary businesses and being situated in the centre of the popular and busy East Devon coastal town of Exmouth. The premises front The Strand, a large public square which is the focal point of the town centre. Exmouth is a sought-after coastal resort town situated on the Jurassic coast and designated as a World Heritage site by UNESCO. Exmouth has a resident population of around 48,000, although this increases substantially during the busy summer months. Exmouth's sandy beach has been long regarded a tourist attraction in its own right, stretching for around 2 miles. The cathedral city of Exeter with its easy access to the M5 motorway, intercity rail links and international airport is approximately 12 miles to the North West.

INTERNAL DETAILS
Glazed frontage with recessed entrance door leading into Front Restaurant/Bar Area an attractive seating/bar area with tiled flooring, air conditioning, range of freestanding wooden topped tables and quality dining chairs comfortably seating 8 customers with a further potential seating area. Substantial tiled fronted Bar/Customer Servery with over counter, non-slip flooring, display and storage shelving, preparation space, cake/dessert display fridge, triple glass fronted bottle fridge, single glass fronted bottle fridge, stainless steel sink unit, commercial coffee machine, coffee grinder, commercial glasswasher, under counter fridge, storage cupboards, wall shelving and an upright freezer. Rear Restaurant/Bar Area a continuation in style and theme with wood effect flooring, air conditioning, range of freestanding wooden topped tables, upholstered chairs and extensive upholstered perimeter seating comfortably for 22+ customers with ample space for more covers. Ladies, Gents and Accessible WC's. Commercial Catering Kitchen with non-slip flooring, fully clad walls, fitted with a comprehensive range of commercial catering equipment to include:- extractor system with stainless steel canopy over, twin table top deep fat fryer, flat top grill, commercial microwave oven, preparation worksurfaces, 2 door commercial counter fridge unit with saladette over, stainless steel shelving, racked shelving, plate warming cabinet, serving gantry with warming lamps, Lainox combi oven and stainless steel hand basin. Storeroom/Wash Up with tiled flooring, clad walls, stainless steel workbenches, racked shelving, stainless steel deep bowl sink unit, commercial dishwasher, stainless steel wall shelving, Walk-In Fridge/Freezer and a further Walk-In Fridge.

EXTERNAL DETAILS
There is a Bin Store Area to the rear of the property.

THE OPPORTUNITY
Previously the business traded as a busy independent café bar and restaurant and is fully licensed. The premises boast a prominent town centre trading position and our clients have completely refurbished and refitted the premises to an extremely high standard throughout and consequently it is presented in excellent order and offers a purpose equipped and fitted catering/hospitality business opportunity in a sought-after East Devon coastal town. The premises are being sold without the name Wine Hub as this will be retained by our clients as it is used with their associated business.

POTENTIAL
There is an opportunity for incoming operators to develop their own trading style and cuisine and to trade in a manner to suit their own personal requirements. The opportunity will undoubtedly thrive in the hands of "hands on" owner operators, especially those with experience and/or a background in the catering industry. There is also possibility of external seating, subject to the decision of the local authority. An early appointment to view is highly recommended in order to fully appreciate all that this impressive opportunity has to offer.

PREMISES LICENCE
The premises benefits from a premises licence issued by East Devon District Council permitting the sale of alcohol from 9am until 11pm, 7 days a week.

BUSINESS RATES
The rateable value from 1 April 2026 is £19,500. Please note that this is not the amount payable. Further details available upon request.

SERVICES
All mains services, except for gas, are connected to the property.

PRICE & TENURE
£29,000 for the leasehold interest and the trade inventory. The premises are offered by way of a new free of tie private lease for a minimum period of 10 years, at a commencing rent of £18,000 per annum (£346.15 per week). The lease will have repairing and insuring obligations.

EPC
B - 32.

Additional information
Service charge
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Business rates
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Use class
E
Listed building
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Business for sale
Yes
Leasehold: 10 years left
Tenure
Leasehold
Length of lease
10 years left
Energy performance certificate: Ask agent

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Environmental data
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Environmental description
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Brochure

32 The Strand, Exmouth, Devon, EX8

NEAREST STATIONS

National Rail

Exmouth Station

0.19 miles

National Rail

Starcross Station

1.49 miles

National Rail

Dawlish Warren Station

1.88 miles

About STONESMITH AGENTS AND VALUERS LIMITED, Exeter

STONESMITH AGENTS AND VALUERS LIMITED, Exeter

Stonesmith are a leading business transfer agent specialising in pubs for sale, hotels for sale, catering businesses for sale and leisure and hospitality businesses for sale in the Westcountry / South West including Devon, Cornwall, Dorset and Somerset.

Our team has over 75 years combined experience in dealing in the sale and acquisition of licensed, leisure and hospitality properties, and businesses throughout the Westcountry / South West.

Contact us today for free no obligation advice.

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