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COMMERCIAL

Portland Street, Ilfracombe

£225,000
Webbers Property Services, Ilfracombe
PROPERTY TYPE

Commercial Property

SIZE

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Description

LOCATION
In a convenient location facing the main approach road from Combe Martin into Ilfracombe close to the junction of Fore Street and Portland Street, making the property ideally placed for passing trade. Directly opposite a brand new art gallery has recently opened and nearby traders include bars, retail shops and furniture outlets. Ilfracombe is recognized as the leading tourist resort in North Devon boosted in recent months by inward investment having Tesco's, Lidl and Co-Op supermarkets. In addition the world renowned artist Damien Hirst owns a restaurant on the Quay and has recently given on loan, for a period of 20 years, a large statue called Verity, sited on the harbour which has increased visitor day trips to the resort.

THE PROPERTY
This substantial property believed to date back to around 1826 provides accommodation over four floors with the main accommodation on the ground floor providing a 26 seater licenced Indian restaurant. Beyond the restaurant there is a fully equipped commercial kitchen, a preparation room and utility area as well as a through hallway providing access to the rear patio garden where there is a separate staff cloak room. The upper floors provide to the first floor half landing a separate cloak room, the main first floor offers a comfortable lounge affording sea views to the rear and to the front the main through kitchen/diner. The second floor offers three comfortable bedrooms and the third floor provides two further bedrooms, a bathroom with a separate cloak room. The upper floors benefit from gas fired radiator central heating. The property will be offered as a fully equipped Indian Restaurant.

THE BUSINESS
The business has been under the current ownership for the last 30 years and is only for sale due to our clients ill health. Having closed in June 2014 the property is now offered as an empty building without any accounts but as a fully furnished licenced Indian restaurant. The ground floor is decorated to a high standard in an Indian theme to the front and to the rear and was re-wired last year. Whilst the Tandoori oven needs some attention, the equipment is fully functional and available within the current asking price.

The accommodation briefly comprising
GROUND FLOOR

MAIN RESTAURANT (SEATING 26) 23'5" (7.14m) X 14'10" (4.52m) (frontage). Accessed through the main door from the outside. Featuring a licenced bar, counter servery and intercommunicating door to

KITCHEN 14'2" x 9'9" (4.32m x 2.97m). With 2 fryers, stainless steel work surface, single drainer sink unit and wash hand basin, 6 hob electric cooker, 1 salamander grill and a skylight over the main kitchen. Access to

PREPARATION ROOM 9'6" (2.9m) x 9'11" (3.02m) (of an irregular shape). With gas fired Tandoori oven (has been decommissioned but could be reinstated subject to some work) single drainer sink unit and plumbing for washing machine. Access to utility/freezer room and through hallway

UTILITY/FREEZER ROOM

THROUGH HALLWAY    Door to rear and access to main entrance hall.

PRIVATE ACCOMMODATION

ENTRANCE PORCH

ENTRANCE HALL

STAIRS TO FIRST FLOOR

CLOAKROOM    On first floor half landing

MAIN LOUNGE 13'6" x 16'5" (4.11m x 5m). With bay windows affording sea views. Intercommunicating doorway to

THROUGH KITCHEN/DINER 19'9" x 9'3" (6.02m x 2.82m). Work surfaces, sink unit and bay window with views over the main street.

STAIRS TO SECOND FLOOR

BEDROOM 1 13'1" x 12'3" (3.99m x 3.73m). Radiator

BEDROOM 2 13'11" x 12'8" (4.24m x 3.86m). Pedestal wash hand basin and radiator.

BEDROOM 3 9'9" x 8'5" (2.97m x 2.57m). Radiator

STAIRS TO THIRD FLOOR

CLOAKROOM    Low level toilet and wall mounted, worcester central heating boiler.

BATHROOM    Panelled bath

BEDROOM 4 13'10" x 11' (4.22m x 3.35m). Sea views. Radiator

BEDROOM 5 14'11" x 12'4" (4.55m x 3.76m). Radiator

OUTSIDE    The property is set back from the main pavement and to the rear steps give access to an enclosed patio garden with open sided lean-to with clothes airing area and separate cloakroom.

SERVICES    All main services connected

RATEABLE VALUE    £2,250 per annum UBR, as of April 2014, 48.2p in the £   Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.

VIEWING    Strictly by appointment through the selling Agents.

VAT    We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC

WANT TO KNOW MORE?    We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding.   www.environment-agency.gov.uk www.landregistry.gov.uk www.gov.uk/green-deal-energy-saving-measures www.homeoffice.gov.uk www.ukradon.org www.fensa.org.uk www.nesltd.co.uk http://list.english-heritage.org.uk


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Particulars

Portland Street, Ilfracombe

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Barnstaple Station9.7 miles
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About the agent

Webbers Property Services, Ilfracombe

48 High Street, Ilfracombe, Devon, EX34 9QB

Webbers Property Services, Ilfracombe

Ilfracombe is located on the uppermost tip of the North Devon Coast and is a popular tourist destination. The population is approximately 12,000 swelling to well above this figure during the busy summer months.

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

Notes

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Disclaimer - Property reference ILF140393. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Webbers Property Services, Ilfracombe. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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