SOLD: LICENSED CAFE AND RESTAURANT WITH GENUINE POTENTIAL TO DEVELOP ALL ASPECTS OF THE TRADE
ALLEY CATS DINER, 28 FORE STREET, KINGSBRIDGE, DEVON, TQ7 1NY
FREEHOLD: £185,000
Stonesmith are delighted to have sold the Freehold of Alley Cats Diner – a well-presented purpose equipped day time only licensed cafe and restaurant, currently operating on purposefully restricted opening hours. The business offered potential for incoming operators to purchase a sought-after catering business with the benefit of a self-contained 2 bedroomed owner’s apartment and with genuine potential to develop a style of trade to suit their own requirements and take advantage of the prominent and busy town centre trading position. A grade II listed freehold property, the premises are arranged to provide a lock up cafe and restaurant with extensive kitchen and ancillary facilities on the ground floor, which could be suitable for alternative uses such as retail or as a professional office and with further potential for possible residential development, subject to the necessary consents. Above and with a separate independent entrance there is a self-contained two bedroomed residential apartment on the first floor.
Alley Cats Diner is situated in a prime trading location in the lower part of Fore Street, the principal retail and professional office location in the popular and attractive South Hams market town of Kingsbridge, an extremely affluent estuary town. The business currently trades on a day time only basis as a licensed cafe and family restaurant. Through personal choice, our clients trade the business on deliberately restricted hours to suit their family lifestyle, and offer a selection of beverages as well as a simple and easy to prepare menu to include sandwiches, baguettes, panini’s, burgers, all day breakfasts, fish and chips, daily specials, desserts, ice cream.
The freehold property was for sale with an asking price of £185,000.
