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Fresco Restaurant 40 Northumberland Place, , , TQ14 8BU

Fresco Restaurant

40 Northumberland Place, Teignmouth, Devon, TQ14 8BU

Beautifully Presented Versatile Lock up Restaurant in a Central Location Successfully Trading Throughout the Year

Attractive & Striking Period Frontage with a Stylish Trading Area Suitable for a Variety of Catering Styles & Themes Freehold Option Available Including 3 Bedroom Maisonette

LOCATION Teignmouth is a well-known and popular seaside resort, situated on the North bank of the estuary of the River Teign in South Devon. Teignmouth has a thriving local community which swells considerably during the summer months. The town is well connected via Bridge to Shaldon and on to and to the North is the County town of which is approximately a 20 minute drive. Exeter is linked by an airport, train station and M5 to the rest of the country. Fresco is located on Northumberland Place, a central location with easy access from both the seafront and Back Beach areas.

DESCRIPTION Fresco Restaurant has been established for approximately 12 years and during this time has become an extremely popular year round restaurant. Housed within a charming and well-kept listed building, the ground floor restaurant with beautiful bowed sash window frontage has been sympathetically refurbished, enhancing the original features and incorporating the modern.

To suit their lifestyle, the current owners have over recent years been able to reduce their trading hours with Fresco currently only trading 4 evenings, for 43 weeks a year. There is scope for new operators to decide how to push this and grow the business or continue to enjoy the current balance.

Currently run as an Italian restaurant, the set-up is flexible to allow a new proprietor to adapt the trading style and offering to suit.

Ref No: 3776 £45,000 Leasehold

Fresco Restaurant

40 Northumberland Place, Teignmouth, Devon, TQ14 8BU

The premises comprise:- WASH UP AREA With double stainless steel sink unit and drainer, Maidaid Glass washer, Fagor commercial EDWARDIAN STYLE DOUBLE FRONTAGE dishwasher and Polar refrigeration ice machine. Chest freezer, wash hand basin, electric With side entrance leading into the:- water heater and wall mounted Robus air conditioning unit.

ENTRANCE HALL DRY STORE AREA Leading to:- RATEABLE VALUE MAIN TRADE AREA £4,300. Please note this is not Rates Payable and eligible Small Businesses will qualify for 100% Spaciously providing covers for 21 at solid wood tables and high backed chairs, with Rates Relief. For more information, we advise you contact the local billing authority, potential to comfortably seat 26. The restaurant has black and white tiled floor, industrial Council, Tel. 01626 36110. style pendant lighting and 2 Dimplex ceiling mounted heating units. Feature wall with exposed brick and wood beams and inset Provence charcoal burner, central feature wall BUSINESS showcasing the original wooden structure of the building. Further seating area for 3 which The restaurant is currently typically Italian. The owner operators, chef and front of house, are is separated off via the glass feature wall and allowing the customer a more intimate assisted by 1 full time sous chef, 1 pot washer and 3 part time front of house staff. We have setting. This area retains the rustic yet modern feel with exposed brick work and modern been informed the turnover for Year End March 2019 was £144,168. The premises have a Hygiene Rating of 5. pendant lighting. TENURE TEA & COFFEE PREP AREA Via a new Full Repairing & Insuring lease at a rent of £13,000 per annum. Terms and lease With under counter drinks fridge, Rancilio fresh coffee machine and separate grinder, length to be agreed. The premises is also available via a freehold sale which includes a superior cutlery station and wall mounted shelving. Inset Samsung wine fridge and under stair 3 bed maisonette. storage cupboard.

SERVICES LADIES & GENTS CLOAKROOM The premises are connected to mains drainage, water and electricity.

SERVICE HATCH STOCK With heated pass and double doors leading to the commercial kitchen. Wet and Dry stock in trade and Bar Glassware will be taken over by the purchaser at valuation on the day of completion. COMMERCIAL KITCHEN This immaculate kitchen is well designed and comes with a range of commercial INVENTORY equipment including:- commercial extraction system, stainless steel splash back, Lincat 6 To include furnishings and equipment as per an inventory to be supplied, but excluding the ring electric hob with oven under, counter top deep fat fryer, counter top griddle, stainless owners personal effects. steel prep area, 2 marble topped refrigeration units with chilled salad servers, stainless steel shelving and large double pizza oven. EPC RATING E

Fresco Restaurant

40 Northumberland Place, Teignmouth, Devon, TQ14 8BU

Fresco Restaurant

40 Northumberland Place, Teignmouth, Devon, TQ14 8BU

www.bettesworths.co.uk IMPORTANT NOTE: Messrs Bettesworths for themselves and for the vendors or lessors of this property whose agents they are 29/30 Fleet Street give notice that: (i) the particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract; (ii) no person in the employment of Messrs Bettesworths has any authority to make or give representation Devon or warranty whatever in relation to this property. The fittings, equipment and services have not been tested by the agents. TQ1 1BB