news

FOR SALE: Kerala Delicacies, Totnes, Devon

FOR SALE: Kerala Delicacies, Totnes, Devon - 1st December 2017

PROMINENT AND WELL PRESENTED LICENSED RESTAURANT, LANDMARK TRADING POSITION IN THE HEART OF TOTNES.

KERALA DELICACIES, 1 NEW WALK, THE PLAINS, TOTNES, DEVON TQ9 5HA
LEASEHOLD: £59,950

Property specialists, Stonesmith, are delighted to be marketing the sale of this extremely prominent and well presented licensed restaurant, currently trading as an Indian restaurant but with tremendous potential for alternative cuisines.

The Kerala Delicacies occupies a landmark trading position in the highly sought after and historic South Devon market town of Totnes. Set amongst a parade of complementary traders, it occupies a highly visible and prominent landmark trading position on one of the town’s main shopping streets. Totnes is the commercial centre for the South Hams and this part of Devon is renowned for its outstanding natural beauty with Dartmoor National Park 10 miles to the north and the stunning beaches and coastlines 10 miles to the south.

Kerala Delicacies trades as a well regarded licensed Indian restaurant on an evenings only basis with no lunchtime trade currently undertaken. Well presented throughout, the character property is Grade II Listed and is purpose fitted and equipped as a licensed restaurant and offers potential for incoming operators to purchase a popular business. Alternatively, there is an opportunity to develop their own style of trade to suit their personal requirements and take advantage of the prominent and landmark busy town centre trading position. The property briefly comprises:- attractive ground floor Bar & Restaurant seating 22 customers, further ground floor Restaurant Areas seating 28, paved Patio Al Fresco Terrace to the side with seating for around 20 customers; first floor Restaurant/Function Room (30+); fully equipped Commercial Kitchen and extensive ancillary facilities.

The emphasis within the business is on fresh local seasonal produce with a traditional Indian menu with a contemporary twist. The business has its own website www.keraladelicacies.co.uk which provides further background information. The business trades on deliberately restricted opening hours and there is a wealth of potential to extend the opening hours to include lunchtime openings, for which demand exists.

The business is for sale on a leasehold basis with an asking price of £59,950. Full property details are available from the website www.stonesmith.co.uk. For further information or to arrange a viewing, please call 01392 201262

Back to News

Both Mike and Joan have been fantastic – it would have been very difficult to complete the purchase without them. I’d like to thank them for all of their help and everything they’ve done for us.

Simon James - New Owner - The Mason's Arms, Williton, Somerset