Established Mexican Themed Restaurant in Devon For Sale in Torquay- Business 4 Sale .co.uk

Business Summary

Preferred Commercial is delighted to offer for sale this busy Mexican style restaurant, which was established in 1990 and has been in our client's careful hands since 2002. The business is only now offered to the market due to our client's other business interests. The premises are well-equipped to suit the trade with a large restaurant area with tables and chairs for up to 80 covers, bar area and commercial kitchen. There are many excellent reviews of the restaurant on Trip Advisor. The business benefits from the high footfall of tourists visiting the area along with an excellent reputation in the surrounding area. There is also a spacious 2-bedroom flat to the first and second floors. Our client currently offers a traditional freshly cooked New World and Mexican menu along with bar services. The business currently trades 7 days a week and generates a turnover in the region of £380,000 with a gross profit of 60%. We feel this could be further increased by offering a lunch menu, as the business currently only opens evenings. The new owner could, if desired, establish a simple marketing campaign to generate more business. Early negotiations with Preferred Commercial must come highly recommended.

Property Information

	Property:	Leasehold

	Lease Terms:	Leasehold New lease to be negotiated Rent: £33,000 per annum Bus Rates: £11,000 per annum

	Current Rent:	33,000

	Living Accommodation:	Yes

	Details of Accommodation:	Substantial mid-parade restaurant premises. Briefly comprising: Restaurant Ground floor • Large restaurant area with tables and chairs for up to 80 covers, walls painted in traditional south American finishes and decorated with Latin American ephemera • Large L shaped bar area with one point of dispense, shelving to rear for spirits and drinks refrigerator for bottles of wine and beer • Kitchen large sink unit, dishwasher, 4 x microwave ovens, plate warmer, double fryer, char grill, 6 burner hob and oven, preperation bench, freezer, meat refrigerator, walk in refrigerator and stairs leading from kitchen upstairs to flat • Gents WC with wash hand basin • Ladies WC with wash hand basin • Staff WC with wash hand basin First Floor • Dry store room • Office • Alcohol store Owners' Accommodation Ground Floor • Separate front door access and stairs First Floor • Entrance hallway • Large lounge/diner • Kitchen with fitted units Second Floor • 2 x double bedrooms • Bathroom External • Small yard to rear

	Location:	Jingles occupies substantial mid-parade premises ideally located on a busy high street in Torquay, Devon. The business benefits from ample on street parking and is surrounded by a variety of complementary shops and businesses. The premises benefits from being en-route to the harbour and boasts beautiful views of the ocean. There are regular buses running through the area and the railway station is within easy walking distance. Torquay is a popular tourist destination and boasts many amenities and attractions including beautiful beaches and Kent's Cavern, Britain's most important Stone Age site. The business has easy access to the A-road network and lies within the busy harbour side area of Torquay town centre.

Other Details

	Is this a home-based business?	No
	Can this business be relocated?	No
	Is this business part of a franchise?	No

Summary of Business Hours

Mon - Sat: 6:00pm to 12:00am
Sun: 7:00pm to 12:00am

Energy Performance Certificate

View Energy Performance Certicate

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