The Plains, Totnes

£1,250,000
LOCATION
Prominently located on the junction of The Plains, Coronation Road, Fore Street and Bridgetown, the
property comprises a number of ground floor commercial units together with a three-storey Grade II
Listed building at Nos. 9 and 11-12 Waterside overlooking the River Dart.
Units C1, C2, C3 and C5 are occupied by Waterside Bistro and operate as a single restaurant and bar.

UNITS
Units C1-C3 are internally connected and provide the main bar, dining areas, commercial
kitchen, beer cellar, and customer cloakrooms, including disabled WC facilities.

Unit C5 is a separate lock-up unit that has been incorporated into the business and provides additional
kitchen and preparation space, a manager's office, freezer storage, and staff facilities. The bistro
also benefits from external seating areas on the adjacent Town Quay and a part-covered seating
area to the eastern side.
Unit C4 is a separate lock-up retail unit occupied by Food for Thought, a sandwich and deli shop.
We were unable to inspect internally, but the unit appears fitted for food retail use and is
understood to include staff facilities.
Units C6 and C7 form a combined retail and office unit occupied by Marchand Petit Ltd, an estate
agent. The premises are fitted as offices with display areas, a rear office, staff kitchen and
cloakroom.
Unit C9 is a retail/office unit occupied by Clarity Wealth Management LLP and is fitted as offices
with a staff kitchen and cloakroom.
Unit C10 is a retail unit occupied by Inspired Buys, an independent gift shop, and includes staff
cloakroom facilities.

TENURE
Our clients are willing to sell their freehold interest in the building for which they are seeking offers in the
region of £1,250,000 reflecting a net initial yield of 9.3%.

Please note that units C9 & C10 are currently owned by way of long leasehold interest.

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