8 Westgate St 2,282 sq ft Retail Property Launceston PL15 7AB £275,000 (£120.51/sq ft)

Freehold with vacant possession £275,000.
Restaurant G’s is a substantial freehold property arranged over four floors, with a ground-floor restaurant and bar which is attractively fitted out offering 20 covers. The restaurant boasts 5* TripAdvisor reviews and is a popular dining venue, known for its themed and music nights. To the rear of the main restaurant steps lead to a mezzanine snug room (14 covers), as well as customer toilets. An internal staircase leads from the restaurant to an open-plan first floor, with a feature stone wall, which offers additional seating for approximately 36 covers and a customer toilet.
The lower ground floor comprises a cellar, storage areas and a commercial kitchen, fitted out with stainless steel worktops, gas cooker, a combi-oven and a range of fridges and fryers. A separate access from this level leads to a private alleyway that connects to Western Road.
The second floor of the property includes two staff areas with shower facilities, which could potentially be used for private residential purposes, subject to confirmation.
In total, the property extends to a gross internal floor area of approximately 212 sq m (2,282 sq ft). Planning consent was obtained under application PA21/06776 (now expired) for extensions and alterations to the rear kitchen and first-floor seating area, to create a part indoor/outdoor style terrace. Conditional approval was granted on 13 April 2022.
Launceston is a traditional market town, positioned on the Cornwall/Devon border immediately adjacent to the A30 trunk road. The town has a resident population in the order of 11,000 persons, with a catchment significantly in excess of this. The town is pivotal in the local economy, lying between the city of Plymouth on the south coast, and the coastal resort of Bude to the north. The town has a mix of retail occupiers including national retailers Superdrug, CoOp and Costa Coffee, and is also well represented by local retailers within both prime and secondary retail areas.
This café/bistro is located at the northern end of Westgate Street, a thoroughfare linking Westgate Car Park to the town centre, and providing access towards High Street and Broad Street.