New lease sold on Torquay harbourside restaurant
A new lease has been sold on Ella's Licensed Restaurant and Café Bar in Torquay, part of the English Riviera resort of Torbay.
The business is in a prime site at 16 Victoria Parade where it overlooks Torquay's harbour and marina and is just a short distance from the Living Coast, a new multi-million pound visitor attraction centre.
A private, two-bedroom flat is provided on the second floor.
Ella's holds a 2am licence, although it has generally opened between 10am and 11pm in the main season, closing earlier at 4pm in the autumn and completely in the winter to reopen in late March or April.
Riccardo De Paulis of Bettesworths sold the new, 15-year lease off a guide price of £39,950 to local operator Wayne Knott, who has catering experience.
By Angela Frewin