Restaurant for sale

High Street, Ilfracombe, Devon, EX34

£325,000

Property Description

Full description

Tenure: Freehold

LOCATION
In a prime High Street trading position in the very heart of Ilfracombe, North Devon's leading tourist resort, the property is ideally placed for locals and holiday makers.

Ilfracombe has a population of approximately 10,500 inhabitants, boosted during the Summer months with the influx of tourists. In recent years a great deal of inward investment has been undertaken in the town including a new Tesco supermarket, a Lidl supermarket on the Sea Front and a theatre. Most recently the world famous artist, Damien Hirst, who owns a restaurant on the Quay has given on loan a statue called Verity to the local council which now stands pride of place on the Pier.

THE PROPERTY
This is a character mid-terrace commercial property parts of which date back to the 16th Century. The main property comprises, to the ground floor, an L shaped 70 seater cafeteria and licenced restaurant with adjoining Sandwich Bar. The main public area is well serviced by a preparation area and commercial kitchen and there are two cloakrooms for customers as well as a rear bakery, store and utility room.

We have been advised that the owner has installed a new central heating system and refitted the top kitchen in the restaurant in June 2013.

The private owners' accommodation is located on the first and second floor providing, to the first floor, lounge, three bedrooms, cloakroom, kitchen, dining room and bathroom w.c and, to the second floor to the rear, a split level fourth bedroom. The property benefits from parking for two vehicles and there is a rooftop patio.

THE BUSINESS
The business is that of a long established (circa 1970s) licenced restaurant under the supervision of the proprietor with 4-5 part time staff if and when required. The business opens 9am-4pm 6 days a week (closed Sundays out of choice) and trades with a turnover of approximately £190,000 per annum. Audited accounts will be made available to those seriously interested parties who have inspected the premises.

The accommodation briefly comprising:

GROUND FLOOR 

MAIN RESTAURANT TO THE FRONT 
7.24m x 5.51m
Seats 18.

L SHAPED RESTAURANT TO REAR 
11.46m x 3.1m
Seats 52. The restaurant has feature ceiling beams, bench style seating and normal dining tables and chairs, bow style front window, main counter/servery, range of shelving, cake display cabinet, coffee grinder, steps down to inner lobby and cloakrooms. From the main restaurant/servery area, access is gained to the

PREPARATION ROOM 
2.67m x 4.1m
Range of stainless steel preparation tables, 2 firyers, 1 griddle, 2 microwaves. Access to

MAIN SANDWICH BAR 
4.1m x 3.38m
Counter, display cabinet, chalk boarding for signage. Door to High Street.

MAIN KITCHEN 
4.17m x 5.56m
Accessed down a staircase located in the preparation room. Comprehensively equipped with dishwasher, deep stainless steel unit, double drainer sink unit, stainless steel work surfaces, cupboards and drawers, wash hand basin. From the main ground floor preparation area, integral staircase to

FIRST FLOOR 

MAIN LANDING/OFFICE AREA 
5.28m x 2.36m
Door to

BEDROOM 3 
3.07m x 4.4m

BATHROOM (off Bedroom 3) 
1.22m x 0.25m
Two piece suite. From first floor lobby, door to built-in cupboard and stairs to

MAIN L SHAPED LANDING 
Door to inner lobby and stairs to

CLOAKROOM 

MAIN LOUNGE 
5.05m x 5.03m
Door to

BEDROOM 2 
3.4m x 5.23m
From the landing, step up to

KITCHEN 
2.92m x 2.5m
Range of kitchen units, sink. Open access to

DINING ROOM 
2.03m x 2.5m
Off L shaped landing, access to

BATHROOM/WC 
Three piece suite, built-in airing cupboard.

BEDROOM 1 
6.4m x 3.05m
Two built in cupboards and door to rooftop patio.

MAIN LANDING 
(With inner lobby as described above) stairs to

SPLIT LEVEL BEDROOM 4 
5.36m x4.5m including mezzanine area

DRESSING ROOM OFF 
1.22m x 4.04m

OUTSIDE 
The property is pavement fronting. To the rear across a communal car park access is gained to car parking spaces and there is an external staircase to the first floor patio area.

LOWER GROUND FLOOR 
Off the main restaurant to the rear, door and steps down to

BAKERY 
4.98m x 3.53m
Range of equipment including oven, baking trays etc. Door to

FREEZER ROOM 
3.53m x 2.31m
Door to

UTILITY ROOM 
5.77m x 4.04m
Ladder to mezzanine storage area. From this room door to rear car park.

SERVICES 
All mains connected.

RATEABLE VALUE 
£16,500 per annum. UBR, as of April 2013, 47.1p nin 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 www.voa.gov.uk regarding this figure.

VIEWING 
Strictly by appointment through the selling Agent.

More information from this agent

Nearest station

  • Barnstaple (9.6 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.

Floorplans


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 (9.6 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 ILF130286. 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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