The Factory Bar & Kitchen Torbay Road, Paignton, Devon, TQ4 6AL

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2 A Busy and Successful Lock Up Business Situated in the Heart of Paignton and Only a Minutes Walk from the Seafront Turnover for Year End April ,732 ex VAT with a Net Profit of circa 100,000 pa LOCATION is situated on Torbay Road which is known as Paignton s Golden Mile. This main road leads from the railway station and town centre down to the seafront and benefits from a mixture of independent traders, cafes, bars and entertainment venues making this area extremely popular with locals and providing a large seasonal boost during the holiday season. DESCRIPTION & BUSINESS is an established business with an American Diner theme incorporating an industrial element with ceiling mounted stainless steel extraction systems and industrial style ceiling mounted drop pendant lighting. The décor incorporates the American flag colours of red, white and blue alongside wall mounted memorabilia and illuminated drinks signs. The premises, which are presented to a high standard, trades 7 days a week, 9am 11pm weekdays and until 1am on weekends with daily Happy Hour from 4pm and 7:30pm. Food is available all day with a full breakfast menu available until 12 noon including American style breakfasts, a range of snacks and sharers, salads, hot dogs, subs, sandwiches, burgers and traditional options including lasagne, macaroni cheese, gammon steak and fish & chips. There is a children s menu and American style dessert menu. The bar offers a full range of alcoholic and soft drinks including a selection of Mocktails, soda floats and milkshakes. Ref No: ,000

3 The accommodation comprises:- DOUBLE FRONTED UNIT With illuminated signage, double glazed windows and double entrance doors. OUTSIDE SEATING For approximately 20. MAIN TRADE AREA Granite slate flooring, wood panelling to daido rail, painted concrete slab walls, wall and ceiling mounted air conditioning units and central heating radiators. Seating for approximately 100 at a selection of wood effect tables with high backed cushioned chairs, leather sofas and chairs, poser tables with high backed bar stools. Towards the rear leads to PRIVATE PATIO AREA Double glazed door and bi-fold windows, picnic bench seating for 20 overlooking Torbay Park and beyond to Paignton Seafront. LADIES CLOAKROOM With 3 WC cubicles and 2 inset stainless steel wash hand basins. GENTS CLOAKROOM Steps down from the main trade area. WC, 4 wall mounted urinals with inset stainless steel wash hand basin. DISABLED CLOAKROOM With WC, wash hand basin and baby changing unit. BAR Raised bar with granite work top and stainless-steel handrail. Multi soft drinks dispenser, 6 bar mounted beer and cider fonts, under counter drinks fridge, large upright drinks fridge and touch screen till. TEA & COFFEE PREP SECTION, under counter freezer, microwave, Rancilio coffee machine, separate grinder, 2 milkshake blenders, large upright drinks fridge, under counter drinks fridge, touch screen till with cash drawer and EPOS system. WASH UP AREA with glass washer, small double sink unit with drainer, ice machine and multi soft drinks dispenser. Back bar with undercounter shelving for glassware, wall mounted shelving for display of wine and spirits, 2 bar mounted porcelain sink units, wall mounted blackboard menus, illuminated drinks display signs. Storage cupboard with music equipment. SERVERY With cutlery and condiments, heated pass and illuminated Coca Cola sign. WASH UP ROOM Whirlpool commercial dishwasher, stainless steel work surfaces, large commercial sink with drainer, wash hand basin, Aqua tap and mixer tap, wall mounted shelving. Leading through to

4 COMMERCIAL KITCHEN Commercial non-slip flooring throughout. Central stainless steel prep area, salad prep 3 door refrigerator with work top, 4 commercial Samsung microwaves, free standing double deep fat fryer, 6 ring gas hob with integral griddle, gas grill and 2 ovens under. Commercial extraction system, large upright commercial refrigerator, large upright commercial freezer. FREEZER ROOM Steps down from the commercial kitchen. 3 large upright freezers, 1 chest freezer, wall mounted boiler, python system, soft drink dispensers. This area can be accessed from the front of the building via a side alley which also provides BIN STORAGE. Access to rear yard with Sure Gas system and wall mounted air conditioning vents. SERVICES All main services are connected. TRADE INVENTORY To include furnishings and equipment as per an inventory to be supplied, but excluding the owners personal effects. 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 AWAITING GENERAL INFORMATION RATEABLE VALUE 24,000. Please note this is not rates payable. For further information, we advise you contact the local billing authority, Torbay Council, Tel TENURE We have been informed the Landlord will grant a new Free of Tie, internal and shopfront repairing lease with insuring obligations to the ingoing tenant at a guide rent of 27,500 pa, rising to 30,000. Further terms to be negotiated. The ingoing tenant to supply satisfactory references and credit check.

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8 29/30 Fleet Street Torquay Devon TQ1 1BB IMPORTANT NOTE: Messrs Bettesworths for themselves and for the vendors or lessors of this property whose agents they are 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 or warranty whatever in relation to this property. The fittings, equipment and services have not been tested by the agents.