23 Hyde Road, Paignton, Devon, TQ4 5BW

Location

The Hyde Park Cafe has been established for many years and the property is now available due to the retirement of the owner following the end of his lease, being 31st December 2026, or earlier if required.

The cafe operator’s retirement has coincided with the freeholder’s wish to sell his interest, which also includes a good-sized residential 2-bedroom flat over, which has had the same tenant since 2019.Although the business is not for sale as a going concern, the fixtures, fittings and equipment are included in the freehold price.

In recent years, the business has operated on restricted hours, opening Monday to Saturday, 8:30am–2:00pm only, offering a varied cafe menu. The cafe is currently arranged for 52 covers, with 24 in the front and 28 in the rear conservatory.

Accommodation. Commercial & Residential

Please see floor plan. At the rear of the property is a good-sized car park, with one space reserved for the residential tenant

Rateable Value

£5,400 (SBR qualifying)

Council Tax

Band A

Residential Tenancy

An Assured Shorthold Tenancy from October 2019, at a current rental of £575 pcm.

EPC

Ground Floor Café – Awaiting Rating | Residential Flat – Rated ‘D’

VAT

All prices and rents quoted are exclusive of VAT.

We are unaware of any election to VAT being made on this property.

Legal Costs

Each Party to be responsible for their own legal costs incurred.

Viewing

For further information or viewings contact Matty Ash or Nick Wheeldon MRICS