Pub for sale

Fore Street, Ilfracombe, Devon, EX34

£39,950

Property Description

Full description

Tenure: Leasehold

LOCATION
This Olde Worlde public house is located in Fore Street which connects the High Street to the Harbour area of the town. The property is in fact with only a few yards of the junction of Broad Street and Fore Street, within level walking distance of the picturesque harbour and close to all tourist amenities. The property is also close to the Cove public car park and the Ilfracombe bus station. Ilfracombe has a population of some 10,500 inhabitants boosted during the summer with the influx of tourists. At the harbour, is Damien Hirst's statue named Verity given on loan to the local council for a period of 20 years. This statue has attracted many day visitors to this town and increased tourism generally. Ilfracombe is becoming a centre for Arts and Crafts and at the last count there were ten art galleries within the town. Recent inward investment has included a new Tesco supermarket and Lidl supermarket. In addition there are plans to build a new water sports centre at Larkstone opposite the pier.

THE PROPERTY
We are advised by the owner that parts of the property are believed to date back to the 1200's. The property is mid terraced with the ground floor offering an L-shaped character bar with low beams and part stoned walls and to the rear a utility area and internal staircase which gives access to the upper floors where there is a three bedroomed owner's apartment. To the ground floor at the rear of the bar, a doorway gives access to a yard and steps up to a two tier terraced beer garden.

TENURE
This will be a 5 year lease at a current rental of £1,800 per calendar month which includes VAT. The landlord is 'Enterprise Inns' and the pub is tied to them for the sale of beers, ciders and flavoured alcoholic beverages. An incoming purchaser will be required to provide usual bank and trade references for the landlord's approval and meet with their entry requirements which include an interview and attending a training seminar.

THE BUSINESS
The business is that of a popular local pub with 70% wet sales and 30% food sales, the pub having a good local following with two men's skittles teams and two ladies' skittles teams. Accounts will be made available to those seriously interested parties who have inspected the premises.

The accommodation briefly comprises:

GROUND FLOOR BAR AREA 
With L-shaped character bar. Low beamed ceiling and part stone walls, integral feature well. Main bar servery fitted with usual beer pumps etc. Access from the rear of the bar to

THROUGH UTILITY ROOM 
With access to internal staircase to

FIRST FLOOR 
With half landing.

BATHROOM/WC 

PRIVATE LOUNGE 
Intercommunicating door to

BEDROOM 1 
5.7m x 2.84m
With radiator, built in cupboards. Step and doorway to

REAR UTILITY ROOM 
2.13m x 2.74m
Access to

DINING ROOM/OFFICE 
4.2m x 3.73m
Intercommunicating door to

PRIVATE KITCHEN 
2.64m x 3.8m
With radiator, single drainer sink unit, wash hand basin. Stairs to

SECOND FLOOR HALF LANDING 

BEDROOM 2 
3.84m x 2.57m

BEDROOM 3 
2.7m x 4.83m

OUTSIDE 
The property is terraced being pavement fronting and to the rear access to a two tier patio/beer garden.

SERVICES 
All main services connected.

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

RATEABLE VALUE 
£13,900 per annum. UBR, as of April 2017, 47.9p 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.

WEBBERS DO NOT JUST SELL HOUSES 
Established over 40 years ago our dedicated specialist Commercial Department deals in the sale and letting of all types of commercial property including Guest Houses, Hotels, Restaurants, Pubs, Holiday Complexes, General Businesses, Post Offices, Retail Businesses of all kinds, Shops, Offices, Investments and Industrial Premises. If this property does not suit visit our web site www.webberscommercial.co.uk or call our office on 01271 347888. For out of hours call our mobile number 07967 385228.

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

More information from this agent

Nearest station

  • Barnstaple (9.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Webbers Property Services, Ilfracombe

48 High Street, Ilfracombe, Devon, EX34 9QB

03339 873600 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Barnstaple (9.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Webbers Property Services, Ilfracombe

48 High Street, Ilfracombe, Devon, EX34 9QB

03339 873600 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference ILF120241. 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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