Alley Cats Diner, Kingsbridge FOR SALE - 27th July 2010

Licensed daytime cafe with owners accommodation

Recently refurbished and trading as a licensed family daytime restaurant, Alley Cats Diner in Kingsbridge, South Devon, is for sale through licensed property specialists Stonesmith of Exeter.

The business has been operated by the present owners for the past 5 years and they trade it suit their family lifestyle. Over this time though, they have established a successful daytime trade and a reputation for good quality food.

The owners have recently refurbished the property to a high level throughout and more recently they have introduced a new menu using locally sourced produce and creating home cooked fresh food to suit all tastes.

Alley Cats has a good degree of repeat trade whilst attracting a high level of trade in the summer months from tourists as well as having established a good reputation with local accommodation businesses who recommend their guests to the restaurant.

The restaurant is well presented and purposely equipped, offering the potential for new owners to operate a style of trade to suit their needs. The property is in a town centre trading position in the centre of Kingsbridge, an affluent Estuary town and holiday resort widely regarded for its leisure, yachting, water sport and marine activities.

The premise briefly provides a modern and stylish 44 cover restaurant, a catering kitchen and various ancillary and welfare facilities. There is also a superior owner’s apartment with 2 double bedrooms a lounge, fully fitted kitchen/diner and a family shower room. Externally to the rear there is an enclosed lawned garden.

The present owners confirm that there is the potential to increase the current trading levels by extending the opening hours, especially in the evening given the busy town centre trading position.

Stonesmith are looking for offers off an asking price of £259,950, reduced from £279,950, for the freehold of Alley Cats Diner