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Waikiki, Rosticceria and Taste Great Food, Exeter SOLD to Devon based company

Waikiki, Rosticceria and Taste Great Food, Exeter SOLD to Devon based company - 4th December 2014

Three of Exeter’s well known catering establishments have been sold

Acting on behalf of the previous business owners, Exeter based licensed property specialists Stonesmith have recently concluded the sale of three city centre catering establishments, Waikiki in Sidwell Street, Rosticceria in Barnfield Road and Taste Great food in the Harlequin Centre, to a Devon based company.

Waikiki in Sidwell Street remains as a contemporary restaurant and cafe bar with healthy eating as its theme. Looking ahead the aim is to introduce a wider range of healthy eating options including more salads and a noodles bar.

The style and decor at Waikiki has remained the same, though the business was closed and has now reopened after some internal and external repairs. It now offers comfortable seating for 32 internally and 9 externally.

Rosticceria offered a great location with a solid, repeat and regular custom, as well as being an establish business. Run as an Italian restaurant, it operated for many years in Exeter’s town centre but moved 8 years ago to The Forum off Barnfield Road when the Princesshay development was stared.

Previously trading as an Italian style café and restaurant, Rosticceria continues to offer Italian style dishes but the new owners have increased in the number of dishes that are home made and produced fresh to order.

Taste Great Food trades as a cafe and restaurant with a variety of hot and cold beverages, snacks, lunches and light bites, with a take away service available. The business comfortably seats 60 inside with a further 34 seats outside. This is the latest acquisition for the company and the business that offers the greatest potential. The aim is to upgrade the standard of catering facilities. Once this has been achieved the intension is to rebranded, refurbished and re-launch the daytime café at some point in the near future.

Mike Phillips Director of Stonesmith who handled all three sales commented “The sale of these three catering establishments is continued proof that Exeter remains a popular and vibrant trading location which remains tremendously sought after by restaurant operators. Being based in Exeter we were able to use our extensive local knowledge and our specialist catering sector experience and this enabled us to identify a specific buyer for each of the individual sites swiftly. We wish the new owners every success with their exciting new ventures”.

All businesses were sold on leasehold basis and similar properties for sale can be viewed on Stonesmith’s website www.stonesmith.co.uk. Viewings and enquires can be obtained on 01392 201262

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Thanks for your assistance and perseverance during the sale of the cafe

Jim Hannan - Previous owner Cafe at 36, Exeter