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News Release

Exeter

Price reduction on restaurant in famous town & fishing port


Exeter, 9 October 2012 - Custard, Padstow - a restaurant located yards from the harbour has had a price reduction from £400,000 to £295,000.

Custard is a restaurant located yards from the harbour and prior to closing had an excellent reputation for offering quality food in upmarket surroundings.  The property has two dining areas for 65 covers in total and benefits from a high standard of décor with solid oak flooring and custom built wood and leather seating.  The current owners have planning consent for two holiday flats within the current demise.
The famous town and fishing port of Padstow on the north coast of Cornwall is situated on the west bank of the River Camel estuary five miles north of Wadebridge, ten miles northwest of Bodmin and ten miles northeast of Newquay. The population in 2001 was 3,162 and the town benefits from a high influx of tourists all year round.
Michael Easton, at Jones Lang LaSalle, said: “Padstow is a destination of choice for year round South West tourism and we feel our clients have been realistic in the price of this unit in order to achieve a sale this year.  The restaurant is ready to be re-opened as it is fully equipped.  There is also the opportunity to re-develop the site to two high end holiday apartments in an enviable position.”​