Restaurant for sale

The Orange Tree Restaurant, which is listed in Michelin Guide 2022 and has a 5 Star Hygiene rating, is located just metres away for Torquay's Hampton by Hilton, Premier Inn, Marina and Town Centre. Torquay is one of the three towns that make up the renowned 'English Riviera' together with Brixham and Paignton with over 3 million visitors to the area last year. Prestigious restaurant premises offering British & European cuisine to the discerning customer. The restaurant is decorated in the Mediterranean Rococo style offering elegant surroundings for its customers with spacious seating for 36. The premises benefits from versatile 2 bedroom residential accommodation with private entrance.

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The premises consists of:- Pretty frontage with large picture windows and entrance leading directly into the:-

MAIN TRADE AREA
On entering the premises there is seating for 12 with front aspect. Feature stone & wood fireplace and gas flame fire. Steps leading up to:-

SECOND TRADE AREA
With front aspect providing spacious customer seating for 16. Original stone fireplace with wood mantle. To the rear:-

CONSERVATORY
Double glazed with seating for a further 8.

BAR & SERVICE AREA
Large upright drinks fridge, wine rack. Service Counter with large undercounter drinks fridge, shelving for glassware, shelving for spirits and optics. Coffee and Dessert Prep Area. MAGNIFICAS DeLonghi coffee machine, cutlery station.

LADIES AND GENTS CLOAKROOMS
Access to side alley and to the residential accommodation above.

COMMERCIAL KITCHEN
Fully equipped with commercial extraction, stainless steel prep tables, Salamander grill, 6 ring Zanussi Range, commercial microwave. Commercial countertop oven, counter top Lotus contact grill, heated pass, plate warmer and large upright Polar fridge. Steps up to Prep Area with stainless steel tables, wall mounted Multipoint Combi boiler and 2 fridges. Exit to:-

COVERED YARD
Consisting of Wash Up Area with glass washer, industrial sink with drainer, Electrolux dishwasher, further commercial microwave, 2 large upright drinks fridges, large upright freezer and Becco fridge freezer. Storage Area. Side alley providing extra storage, chest freezers plus Bin Store.

RESIDENTIAL ACCOMMODATION
The accommodation, which is decorated to a high standard, is accessed through the restaurant or via the side alley leading to a small private patio area. Double-glazed front door leading through to:- Entrance Hall, table & chairs, washing machine& iron. Shower Room. Lounge Dining Area with front aspect, dining table providing seating for 6. Kitchenette with undercounter fridge, microwave, toaster, kettle, inset 2 ring electric hob, sink with drainer, wall and floor mounted cupboards. Master Bedroom Large room with front aspect, plush double sofa, large king-size bed, dressing table, large flat screen TV and open fireplace. Double Bedroom with aspect to the rear and side. Large double wardrobe, large chest of drawers and en-suite with full bathroom suite.

GENERAL INFORMATION

RATEABLE VALUE
2023 List: £8,800. Please note this is not Rates Payable. 100% Small Business Rate Relief will be available for eligible parties. Interested parties are advised to make their own enquiries with the Local Billing Authority, Torbay Council.

BUSINESS
The Orange Tree trades evenings only Tuesday-Saturday opening at 6pm with last orders at 9pm. These opening times have allowed for the owners to offer 2 sittings. The owner is assisted by a Restaurant Manager, 2 Chefs, KP and 2 part time waiting staff.

TENURE
The premises is held on a 15 year Fully Repairing & Insuring lease from March 2019. The current rent is £22,500 per annum.

SERVICES
All main services are connected to the premises.

INVENTORY
To include furnishings and equipment as per an inventory to be supplied, but excluding the owners personal effects which includes the art work.

STOCK
Wet and Dry stock in trade and Bar Glassware will be taken over by the purchaser at valuation on the day of completion.

EPC AWAITED

Council Tax Band: A
Tenure: Leasehold