Devon's Oyster Shack up for sale

25 February 2013 by
Devon's Oyster Shack up for sale

The Oyster Shack, one of Devon's most successful seafood restaurants, has been put up for sale.

Set in the village of Bigbury, the Oyster Shack first opened in 1989 selling oysters and, over the years, has evolved into an award-winning Mediterranean-style seafood restaurant.

The property is a single-storey, detached building on a site of approximately 1.2 acres featuring an open-plan restaurant, which comprises separate reception and bar areas, with seating for 65 guests. There is also a covered, external weatherproofed trading area with further seating for 90 covers.

The freehold of the Oyster Shack is being offered for a guide price of £750,000.

Matthew Smith, director at Christie + Co's Exeter Office, said: "This is a rare opportunity to acquire an established and successful restaurant in one of Devon's most charming locations. The current owners have operated the business since 2004 and are selling the Oyster Shack to concentrate on other business commitments. This represents a great opportunity for another operator to further develop the business and internal viewing is highly recommended."

Chris Yandell, owner of the Oyster Shack, added: The Oyster Shack is a fantastic business, totally unique, with which it is a pleasure to be involved. Its name is renowned far and wide, presenting a great opportunity for a new owner. It's an iconic business with scope to further increase revenue."

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