Restaurant sitting on 'idyllic' Paignton harbour up for grabs

An ideally-placed restaurant in Paignton is up for grabs.

The Crab and Hammer sitting alongside picturesque Paignton harbour is being offered on a lease.

The property was completely refurbished in 2021 and had several successful seasons following the Covid lockdown. 

The business closed at the end of the 2024 summer season. 

The property is now available fully equipped and on a new lease. 

Selling agents Bettesworths say: “This creates a fantastic opportunity for an experienced operator to take the helm of this previously well-established business, benefitting from its idyllic position on Paignton harbourside and the huge catchment area of Torbay and South Devon. 

“An early viewing is recommended of this turn-key business.”

The harbourside restaurant/bar is ready for the 2025 season, having been totally refurbished in 2021.

It has 48 Covers situated over two trading levels with outside seating overlooking the harbour.

Bettesworths say: “It is a rare opportunity to secure a fully equipped, ‘ready to go’ waterfront unit.”

The harbour has an authentic 'fishing haven' feel and has recently been significantly improved with various commercial businesses becoming established or having been refurbished. 

The premises is available on a new 10 or 15-year, fully repairing and insuring lease at a guide rent of £25,000 per annum.