Local chef Phil Picton is the new owner of the Cat in the Hat restaurant in Exeter, Devon, where he plans to introduce a loyalty card scheme for regular customers.
A former Post Office that was converted into a restaurant by former owners Shane and Louise Bowers in 2002, the Cat in the High is located in the upmarket district of St Leonards in a fashionable retail area near the city centre.
The restaurant is divided into three dining areas – an eight-seat bar, a 16-seat mezzanine and a 12-seat conservatory – and the property includes a two-bedroom self-contained flat across two floors.
Stonesmith of Exeter sold the new, 15-year lease on the restaurant off an asking price of £70,000.
By Angela Frewin