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FOR SALE: Moorish Restaurant, Ashburton, Devon

FOR SALE: Moorish Restaurant, Ashburton, Devon - 11th October 2017

BEAUTIFULLY PRESENTED LICENSED RESTAURANT AND CAFE BAR IN CHARACTER GRADE II LISTED BUILDING

MOORISH RESTAURANT, 11 WEST STREET, ASHBURTON, DEVON, TQ13 7DT
FREEHOLD: 475,000

Property specialists, Stonesmith of Exeter, are delighted to announce to market the Moorish Restaurant, located in a prominent trading position within the heart of the moorland town of Ashburton. Ashburton is a popular ancient stannery town set on the southern edge of the Dartmoor National Park with a wide range of amenities and many independent stores including a delicatessen, a fish deli, an artisan bakers, the renowned Ashburton Cookery School. Additionally, a huge range of antique shops make the town a most popular destination.

Moorish Restaurant is set within an attractive Grade II Listed period building and is presented to an extremely high standard throughout, having been the subject of a fastidious programme of refurbishment and improvement by our clients during their 12 years of ownership. The restaurant is renowned for its ambience, character and warmth with a rustic Mediterranean theme set within a superior trading environment. Specialising in Mediterranean style cuisine, the frequently changing menu offers freshly prepared food, with the best seasonal local produce the area has to offer. Our clients run the business as a daytime cafe and restaurant with a more formal licensed restaurant in the evenings. Our clients advise that there is tremendous potential to increase the current trade levels, by increasing the opening hours and opening all day and particularly on Sundays, for which demand undoubtedly exists. There is also potential for incoming operators to develop their own style of cuisine and trade in a manner to suit their own personal requirements.

This high quality licensed restaurant and cafe bar briefly comprises of a Main Restaurant with Seating Area comfortably seating 36, a feature Bar Servery, and fully equipped Commercial Catering Kitchen with ancillary and welfare facilities. The business is enhanced by the well presented and self-contained family sized living accommodation with private independent entrance and 3 Double Bedrooms.

The freehold business interest is on the market for 475,000. For details of other properties currently on the market with Stonesmith, please visit our website www.stonesmith.co.uk or call 01392 201262.

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Thank you Mike and Joan for everything you have done for us in the sale of Wellington Farm. We truly appreciate all of your efforts on our behalf.

Ian Attwell and Alan Candy - Former owners of Wellington Farm B&B and Tea Gardens