A restaurant on Exmouth High Street has been put on the market with an asking price of £63,000.

Property specialists Stonesmith are marketing the sale of Millers Restaurant, 'a popular and well-regarded licensed restaurant, occupying a lucrative and prime trading position' in the centre of Exmouth.

Millers Restaurant currently trades five nights a week as a licensed restaurant offering predominately British cuisine.

A spokesperson for Stonesmith said: "Enjoying all the considerable commercial advantages of its excellent trading position amongst other complementary businesses, the premises are well placed to take advantage of the high footfall, with free on street parking directly to the front.

"Exmouth is a sought-after coastal resort town situated on the Jurassic Coast and designated as a World Heritage Site by UNESCO. It is also a dormitory town for nearby Exeter and has a resident population approaching 50,000, although this increases substantially during the peak holiday months. Exmouth's sandy beach has long been a well-regarded tourist attraction.

"The business occupies a ground floor lock up premises, which have benefited from continued investment and expenditure, and are now purposefully fitted and equipped to an extremely high standard throughout.

"This quality business briefly comprises: - air conditioned Main Restaurant Area comfortably seating 42 customers; Commercial Catering Kitchen fitted and equipped to a high specification; Ancillary and Backup Facilities and a rear Service Yard Storage Area.

"The business boasts strong levels of trade, through personal choice and to fit in with their lifestyle requirements, our clients have purposefully restricted the opening hours of the business."

It has its own website www.millers-menuexmouth.co.uk which provides further background information on the business.

The sale of Millers Restaurant is an excellent opportunity to purchase a well-regarded 'turnkey' business with an excellent reputation which offers 'tremendous potential' for new owners to put their own stamp on the business and for further growth in trade.

The leasehold business is on the market for £63,000. Please contact Stonesmith for further details. Full property details are available from the website by clicking the red button below and viewings can be arranged by calling 01392 201262.