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Rodean Restaurant, The Triangle, Kenton, Exeter, Devon, EX6 8LS

£600,000

Business rates & charges may apply

Vickery Holman, Leisure
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SECTOR

Restaurant for sale

Key features

  • Attractive property in popular village between Exeter & the South Devon coast
  • Established freehold restaurant offering a great family business opportunity
  • 25 year old ownership
  • Fully equipped and offered for sale as a going concern
  • Versatile owner accommodation with two separate living areas
  • Trading profitably

Description

The Rodean Restaurant Is an excellent example of a well run business which has previously supported three generations during our clients ownership, both from the business but also with the accommodation available. Originally a butchers shop and trading as a restaurant from 1983, our clients have owned and run the Rodean for over 25 years and are now looking to take a well earned break. They are selling a fully established and well regarded restaurant in a popular location, easy to reach from a both Exeter and the surrounding villages. The trade areas, kitchen and owner accommodation is all presented in excellent order and described in greater detail below. The business operates Thursday to Saturday evenings along with Saturday and Sunday lunch and this is a choice by the owners who have cut back sessions over the years to suit their needs; this could offer an opportunity for new owners to re-establish.

Trade Accommodation:
The property provides for trading and back of house areas at ground floor with living accommodation above. All is presented in good order and there are a number of interesting features such as exposed stone walls, butcher hooks and large attractive windows:

Customer entrance to dining room for 8 covers with bar with step to lobby, having access to rear lobby and main restaurant with space for 14 covers. Additional door to front of building (unused). Internal door and stair to first floor accommodation. Walkway through, with waitress/waiter station to rear dining room providing space for a further 10 covers. Commercial kitchen fully equipped and with extraction (not tested). Rear delivery door.

Inner lobby with useful area used for office admin, customer toilets, rear access door to private yard and access to owners' accommodation.

Owners' Accommodation:
The upper floors provide for versatile accommodation which has previously been used as two separate areas by the current owners as it provided enough space for three generations under one roof. There are two stairways and interconnecting doors at first floor to suit the next owner's needs. For ease we will list as apartments 1 & 2.

Apartment 1:
Stairway from Inner lobby to upper hall with stairway to upper floor and access to lounge with attractive fireplace and wood burner, inner dressing room with access to bedroom with built-in wardrobes along one wall and bathroom. Upper floor with large landing and two Interconnecting rooms and through to shower room with WC.

Apartment 2:
Accessed via stairway from main dining room to landing with useful storage areas and doors to: Lounge and bedroom with en suite shower room and WC. Window access to flat roof decking area.

Outside:
Rear yard with utility area and shed. Separate bin storage area. Walk in cold-room.








Location

Kenton Is a popular village situated 20 minutes South of Exeter city centre on the estuary and coast road to Dawlish and Teignmouth. It is well known for nearby Powderham Castle, built between1390 and 1420 and home to the Earl and Countess of Devon. There is also a 14th century red sandstone church and adjoining Almhouses; all of which provide an attractive backdrop to the village centre of which The Rodean plays a pivotal role.

The restaurant enjoys a highly visible position, overlooking the village green (which provides an outside trading area) and within the conservation area.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a net / gross internal basis.

Planning

The property use is listed as E. All planning enquiries can be made via Teignbridge District Council


Rent / Price

£600,000

Business Rates

Current rateable value is listed as £4,400 per annum as per the valuation office website. Interested parties are advised to make their own enquiries. Council tax band B.


Services

We understand that mains electricity, gas, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC

Awaited.

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

All figures quoted are exclusive of VAT if applicable.

Brochures

Rodean Restaurant, The Triangle, Kenton, Exeter, Devon, EX6 8LS

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Starcross Station1.5 miles
  • Lympstone Village Station2.0 miles
  • Lympstone Commando Station2.1 miles

About Vickery Holman, Leisure

Walsingham House, Newham Road, Truro, TR1 2DP

Vickery Holman is a multi-disciplined property company who have been trading in the south west since 1848.

With offices in Exeter Plymouth and Truro, we pride ourselves on our local property knowledge and regional coverage. We deliver commercial property opportunities to a wide range of clients from single tenants to large scale investors.

Can’t find what you are looking for here? Call one of our offices in your area to speak to our experts who can identify with your property requirements and guide you through the process to find the right option for you.

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