TO LET ON A NEW LEASE - By way of Informal Tender - Bettesworths

TO LET ON A NEW LEASE
By way of Informal Tender

Former Beachcomber Restaurant
                               Den Promenade, Teignmouth, Devon, TQ14 8BD

            Stunning Seafront Property with 180 Degree Views Over the Teignmouth and South Devon Coastline
    ‘Triple A’ Location between Beach and Town ● Spacious First Floor Glazed Trading Space (up to circa 70 covers)
            Lower Ground Floor with Potential to be Reconfigured for Commercial Kitchens and Ancillary Space
                         Possibility to Add Outside Trading Areas (By way of Separate Negotiation)
                     Unique Restaurant/Café/Bar (Subject to Licensing) Opportunity not to be Missed!

                 To Let by Informal Tender - Proposals to be Submitted by 2pm, Wednesday 16th March 2022

LOCATION
The Former Beachcomber Restaurant enjoys one of the most prominent commercial Seafront pitches in Teignmouth, with enviable views across
the promenade towards the Ness to the South and the famous Teignmouth Pier and beach to the North. The ‘Den’ is situated directly behind with
children's play area, food kiosk, a multi-sports court and open green park. There is a large public car park less than a minutes’ walk from the
property and ‘on street’ parking nearby. The town is a short stroll away and provides all the amenities of a vibrant holiday resort.

Teignmouth is a thriving holiday resort situated 7 miles north of Torquay and 3 miles south of Dawlish. The city of Exeter is approximately 15 miles
north of Teignmouth, with excellent transport links including an international airport and the M5 Motorway.

DESCRIPTION
A spacious two storey detached building, with prominent trading space on first floor and ancillary/commercial space below on the lower ground
floor.

Ref No: 4163

Former Beachcomber Restaurant
                                   Den Promenade, Teignmouth, Devon, TQ14 8BD

THE OPPORTUNITY                                                                   FIRST FLOOR TRADING AREA – Net internal Area 169.12 sq m (1820 sq ft)
Teignbridge Council is offering the former Beachcomber Restaurant to let,         A spacious, light and airy trading space with floor to ceiling glazing providing
on a new 20 year lease. The property should be of interest to operators           magnificent sea views to the front and elevated views of the Den behind.
wishing to re-establish the property as a first-class hospitality/catering        Exterior steps to both sides of the building. Double doors to small Balcony to rear.
business, benefiting from its wonderful seafront location.
                                                                                  GROUND FLOOR
Teignmouth is a vibrant and progressive seaside town, and one of the              Extensive area, previously used for public conveniences which will now be
principal holiday resorts in the South Devon area. The town has seen              relocated, leaving valuable space for Kitchen and ancillary uses.
significant investment over the past decade and has a growing population
given its attractiveness as a place to live and work. The promenade is            Please note that the Local Authority will retain 2 rooms for their own use as part
always busy, regardless of the time of year and is a natural meeting place        of the promenade management (these areas are excluded from red outline in
for those wishing to enjoy the breath taking views and ambiance of this           the plan overleaf).
special coastal area. Given the property’s proximity to the beach, the
operation could be ‘chameleon’ in style, operating all day and also offering      OUTSIDE
a wide ranging menu and takeaway service including the sale of ice                A paved outside seating area to the seaward side of the property, across the
creams, coffees etc.                                                              road and accommodating up to 20 tables, will be available on a separate
                                                                                  agreement, subject to further negotiation. There is also the possibility of the
The property would lend itself to a restaurant/café/bar use (subject to           outside areas to either end of the building being reconfigured and made
licensing) and could potentially seat up to 70 covers on the first floor level.   available for outside seating, again subject to further negotiation and possibly
The ‘lower’ ground floor area is the perfect area to house a commercial           planning.
kitchen and ancillaries, thus ‘freeing up’ the upper floors for trading space
and making the most of the stunning views. Further outside covers could be
accommodated, subject to further negotiation.

The premises comprises: -

2 ENTRANCE DOORS VIA STEPS FROM THE PROMENADE leading to:

Former Beachcomber Restaurant
                                  Den Promenade , Teignmouth , Devon , TQ14 8BD

                                                                       GENERAL INFORMATION
SEALED BIDS
We have been informed that Teignbridge District Council requires a Tender form to be completed. The tender form is available on request. Interested parties
should return this form to Bettesworths, 29-30 Fleet Street, Torquay, TQ1 1BB in a sealed envelope by the closing date of 2pm on Wednesday 16 th March 2022.
The envelopes should state the concession they relate to but should bear no reference pertaining to the bidder.

All bids will be assessed through the Council’s scoring matrix to establish the successful bidder. The Council will then notify all bidders as to whether they have
been successful or not.

The successful bidder will be expected to complete on a new lease within 28 days of agreement of terms.

If tenderers are looking to open early the Council, as landlord, would look positively at this approach to enable trading during the 2022 Summer season. Tenderers
should make their wishes clear in their tender submission and detail what refurbishment works they would intend to carry out to allow trading.

HEADS OF TERMS
The tender document will include details of the Heads of Terms. In summary, the property is being offered on a 20 year, fully repairing & insuring lease. The lease
will have 5 yearly rent reviews and will also include a rolling tenant only 5 year break clause. Rental offers are being sought through the tender process. The
property is VAT elected and therefore rent will attract VAT at the usual rate.

SERVICES
There are currently no services to the first floor and these would need to be recommissioned by the incoming tenant. We understand that the lower ground floor
is connected to mains water, electricity and drainage.

BUILDING WORKS
The incoming tenant will be expected to reconfigure and refurbish the building, at their own cost, including clearance of the current public conveniences at
lower ground floor level.

Detailed building specifications to be submitted by the successful bidder within 1 month of agreement of the Heads of Terms.

Former Beachcomber Restaurant
              Den Promenade, Teignmouth, Devon, TQ14 8BD

First Floor                                                Rear Aspect

                                                           First Floor

Former Beachcomber Restaurant
                                Den Promenade, Teignmouth, Devon, TQ14 8BD

 First Floor                                   First Floor

Outside Seating Rear (Historic Photo)

Former Beachcomber Restaurant
               Den Promenade, Teignmouth, Devon, TQ14 8BD

Front Aspect                                                Rear Aspect

Former Beachcomber Restaurant
Den Promenade, Teignmouth, Devon, TQ14 8BD

Former Beachcomber Restaurant
Den Promenade, Teignmouth, Devon, TQ14 8BD

Former Beachcomber Restaurant
              Den Promenade, Teignmouth, Devon, TQ14 8BD

FIRST FLOOR

Former Beachcomber Restaurant
                         Den Promenade, Teignmouth, Devon, TQ14 8BD

www.bettesworths.co.uk                             IMPORTANT NOTE: Messrs Bettesworths for themselves and for the vendors or lessors of this property whose agents they are
29/30 Fleet Street
                                                   give notice that: (i) the particulars are produced in good faith, are set out as a general guide only and do not constitute any
Torquay
                                                   part of a contract; (ii) no person in the employment of Messrs Bettesworths has any authority to make or give representation
Devon
TQ1 1BB                                            or warranty whatever in relation to this property. The fittings, equipment and services have not been tested by the agents.