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Create Alert Results - 8 Commercial properties for sale in Paignton, Devon. Need a mortgage? Click for a quote.

For Sale£30,000.00
• Recently refurbished throughout
• Healthy turnover and profits with scope to improve
• Excellent local reputation
• Desirable highly
• visible trading position
• Fantastic change of lifestyle opportunity
• Good mix of complementary businesses nearby
Falcon Commercial is delighted to offer for sale this extremely well presented Restaurant which occupies a prime trading position in one of the main shopping streets in this popular Devon seaside town. It has been under the proud ownership of our clients since 2013 during which time they have made considerable investment in an extensive refurbishment of the premises. It is now reluctantly being placed on the market as the owners wish to develop other business interests. During our clients stewardship the business has built up an excellent reputation for its welcoming atmosphere, fantastic food and great service.
Restaurant 59 enjoys a central town centre trading position on a busy shopping thoroughfare with good pedestrian flow. Shoppers are attracted to the area by the range of businesses on offer. This thriving refurbished business is operated as an evening restaurant which serves a range of English style tapas ranging from simple dishes of olives and bread to richly flavoured shellfish, slow cooked meats and stone baked pizzas. All produce is sourced locally wherever possible and all food is freshly prepared and cooked to order. It is considered the premises are suitable for all types of cuisine.
Restaurant 59 is run by our clients with help from a dedicated team of part time staff and generates a turnover in the region of £53,000 per year with healthy gross profit margins. There is tremendous potential to increase the turnover possibly running a modest marketing campaign or by extending the opening hours to include earlier in the day, especially in the summer months.

This rarely available opportunity is not to be missed and early negotiations with Falcon Commercial come highly recommended
The Premises
Substantial and well maintained leasehold building, benefiting from being in a highly visible position on one of the main roads that runs through Paignton town centre. It is surrounded by an excellent mix of complimentary independent owned and multiple businesses.
The premises have been well maintained and are fitted and presented to high trade specifications throughout. These charming premises provide outstanding and highly functional internal business accommodation.
The premises briefly comprise:

Ground Floor
• Main Restaurant with open plan customer seating area largely comprising of a range of free standing high backed chairs and free standing wooden tables comfortably seating 35 plus customers in total. The Restaurant benefits from wooden floors as well as an attractive bar servery with ample work surfaces, under counter storage and three 3 refrigerators for drinks behind.
• Commercial catering kitchen with extraction containing a good selection of well-maintained catering equipment.
• Ladies toilet
• Gents toilet
• Store room

External
• Covered storage area
• 1 parking space


Business Details

Opening Hours
• 4.00pm – 9.00pm (approx) Tuesday – Thursday
• Mid Day – 11.00pm (approx) Friday and Saturday
• Closed Sunday and Monday

Turnover
• £53,000 Per year

Business Rates
Business rates payable: Nil per year
Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable or enquiries can be made online at the VOA website www.voa.gov.uk

Stock
The business stock value is: £1500

Staff
The business is run by the proprietor with help from a dedicated team of part time staff who work on an agreed rota basis.

EPC
Commercial Energy Performance rating: TBC

Planning
Potential tenants are advised to make their own enquiries to Torbay Council, Castle Circus, Torquay Devon TQ1 3DP email enquiries@torbay.gov.uk
Tenure
• Leasehold.
• We are advised that the business comes with the benefit of a secure lease which was originally for 3.5 years and has 1 year remaining.
• Our client informs us that the landlord is willing to grant a new lease to suitable applicants
• The annual rent payable is £8500

Legal Costs
Each party to bear their own legal costs incurred in the transaction.

Accounts
Accounts will be provided to genuine purchasers after a formal viewing

Viewing
Strictly by appointment with the vendor's agents, Falcon Commercial, 1 Miltons Yard Axminster EX13 5FE on 01297 598080

Location
Paignton is a popular holiday resort situated in Torbay some 18.5 miles south of Exeter. It started as a small fishing village, until 1837, when a new harbour was constructed and the town began to grow. As was the case with its close neighbour Torquay, the coming of the railway in 1859 led to its rapid growth into a thriving holiday centre. The town retains many good examples of Victorian and earlier architecture.
Today, the entire Torbay area continues to enjoy its reputation as the English Riveria due to the mild climate and sub-tropical trees and gardens and Paignton now has all the gift shops, restaurants and guest houses you would expect to find in a major seaside resort. Paignton sands stretch alongside a fine esplanade which is dominated by the 780 ft (240 m) Pier and there are more sandy beaches from Goodrington to Hollicombe Bay.
Paignton’s population is just over 50,000. It has some excellent schools and some of the best leisure facilities around. The town enjoys excellent links with its own bus and rail stations. The M5 motorway is accessed at the nearby city of Exeter.
• Popular Restaurant located in Paignton, Devon
Type: Restaurant/Cafes
Location: 59 Torquay Road, TQ3 3DT
Images: 4
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For SalePOA
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For RentROA
Allocated employment site approx.: 2.81 acres (1.14 hectares). Considered suitable for light industrial/trade counter/office/warehouse and other commercial uses - subject to planning.
Yannons Trade Park, Wilkins Drive (off Brixham Road), Paignton, Devon, TQ4 7FG
Type: Light industrial, Trade counter, Office, Warehouse, Other commercial, Showroom, Industrial, Retail, Offices, Other Property Types & Opportunities
Location: Yannons TRade Park (off Brixham Road), Wilkins Drive, Paignton, TQ4 7FG
Size: 2.81 Acres
Images: 1
Brochures: 1
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For SalePOA
The premises are offered for residential conversion - indicative plans attached detail conversion to 7 1 and 2 bedroom units, subject to usual consents. Vacant Possession will be offered in June 2017

The existing prominent detached surgery building is arranged over 2 floors with part local red sandstone and part painted smooth rendered walls beneath a natural slate roof, with distinctive stone mullion bay windows. The building is located within a good sized corner site with parking to the rear. Rear tenements are in brick with UPVC windows and doors.

( Agency Pilot Software Ref: 1136 )
Withycombe Lodge, 123 Torquay Road, Paignton, TQ3 2SG
Type: Land, Commercial Land
Location: Withycombe Lodge, 123 Torquay Road, Paignton, TQ3 2SG
Size: 249.78 Sq M
Images: 5
Brochures: 1
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For SalePOA
The premises, well known locally as Grosvenor Surgery, are offered for residential conversion - indicative plans attached detail conversion to 7 1 and 2 bedroom units, but scope may exist also for extension of the building to the rear to accommodate up to 3 further apartments, subject to usual consents. Vacant Possession will be offered in June 2017

The existing distinguished semi-detached surgery building is arranged over 3 floors with painted smooth rendered walls beneath a natural slate roof, with distinctive bay windows and arched dormer windows. The building is located within a good sized site with parking to front and rear. At present, the surgery accommodation has been extended with portacabins but it is expected that these would be removed by a purchaser to facilitate built extension.

( Agency Pilot Software Ref: 1135 )
Grosvenor Surgery, 17 Grosvenor Road, Paignton, TQ4 5AZ
Type: Land, Commercial Land
Location: Grosvenor Surgery, 17 Grosvenor Road, Paignton, TQ4 5AZ
Size: 304.28 Sq M
Images: 3
Brochures: 1
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For SalePOA
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For RentROA
New
Phase 6 is the latest development at Torbay Business Park and will offer up to 25,320 sq m of light industrial space. 5% office content Constructed by Midas Freehold or Leasehold
For more information about this property, click on "Visit this property’s website"
Unit B Torbay Business Park, Long Road, TQ4 7HP, Paignton
Type: General Industrial, Industrial
Location: Unit B Torbay Business Park, Long Road, South West, Paignton, TQ4 7HP
Size: 464 - 1393 M²
Images: 1
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For SalePOA
Modern manufacturing / warehouse including forecourt parking in established commercial location with excellent transport links.

The property comprises a modern manufacturing unit / warehouse, built in 1995, of steel portal frame construction with an eaves height of approximately 5.68 metres. It is clad with insulated, double-skin steel sheeting to the external elevations and roof. Goods loading is via one electrically operated up and over door. The unit is supplied with three 3 phase electricity, mains water, drainage and gas.

The property has good quality office space to the front of the building at first floor level with diffused lighting set within suspended ceilings. WC and shower facilities along with additional secure storage rooms and plant room are located on the ground floor beneath the offices.


For more information about this property, click on "Visit this property’s website"
Kemmings Close, Paignton TQ4 7TW, Paignton
Type: General Industrial, Industrial
Location: Kemmings Close, Paignton, South West, Paignton, TQ4 7TW
Size: 0 - 1418 M²
Images: 1
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For SalePOA
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For RentROA
Warehouse with yard and Offices White Rock Business Park proposes a new high quality mixed use development that will comprise a range of uses to include retail, offices, education and healthcare. The development will be providing 15 hectares of open space, sport pavilion and associated infrastructure set in a landscaped environment.



(From Caldes Software. Property Ref: N54759. Jan 16 2017 4:39PM)
White Rock Business Park, PAIGNTON, TQ4 7RZ
Type: Leisure Property, Licensed & Leisure
Location: White Rock Business Park, , PAIGNTON, TQ4 7RZ
Size: 30292.97 Sq Ft
Images: 1
Brochures: 1
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For SalePOA
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OPPORTUNITY FOR HIGH QUALITY, DESIGN AND BUILDING MANUFACTURING AND DISTRIBUTION PREMISES Phase 6 is the latest development at Torbay Business Park and will offer up to 272,500 sq ft of light industrial, manufacturing, distribution, research and development space in a range of unit sizes as a natural extension of Torbay Business Park



(From Caldes Software. Property Ref: N77105. Feb 22 2017 9:47AM)
Torbay Business Park, PAIGNTON, TQ4 7HP
Type: General Industrial, Industrial
Location: Torbay Business Park, , PAIGNTON, TQ4 7HP
Size: 5000 - 99999.95 Sq Ft
Images: 1
Brochures: 1
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