Available

Teignmouth, Devon

£59,950 Leasehold Ref: 3301
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Teignmouth is a well-known and popular seaside resort, situated on the North bank of the estuary of the River Teign in South Devon. Teignmouth has a thriving local community which swells considerably during the summer months. The town is well connected via the Shaldon Bridge to Shaldon and on to Torbay, to the North is the County town of Exeter which is approximately a 20 minute drive. Exeter is linked by the airport, train station and M5 to the rest of the country. Frescos is located on Northumberland Place, a central location with easy access from both the seafront and back beach areas.


Frescos Italian Restaurant has been established for approximately 10 years. During this time it has become an extremely popular year round business housed within a well-kept listed building. The ground floor restaurant premises have been sympathetically refurbished, enhancing the original features and incorporating the modern whilst reflecting its Italian style and flair and incorporating the colours of the Italian flag Over recent years, the owners have been able to reduce their trading hours to suit their own lifestyle with Frescos currently trading 5 evenings a week, Wednesday through to Sunday, for 45 weeks. They have also, due to the success of the business, been able to provide the current staff with extra hours, allowing my clients more free personal time. This delightful premises comes with the benefit of self-contained owners’ accommodation on the 1st, 2nd and 3rd floors. The maisonette has again been beautifully refurbished incorporating both the Italian rustic feel with the modern. The front of this 4 storey building retains the original bow windows and porthole style window to the top floor. The rear of the building is not listed and therefore has been updated with modern double glazed units. From the top floor bedroom there is also a magnificent panoramic view over the back beach towards Shaldon, the estuary and out towards Shaldon bridge. The premises provide a beautiful home and income opportunity.

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