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Pub for sale

Wilder Road, Ilfracombe, Devon, EX34

Offers in Excess of £10,000

Property Description

Full description

Tenure: Leasehold

LOCATION
In a busy seafront trading position opposite the Landmark Theatre; in the centre of Ilfracombe, North Devon's premier tourist resort. The property is close to Runnymede Gardens and the access to the main seafront. The property is within level walking distance to all beaches and amenities, and the junction of Market Street and Wilder Road. The town is fast becoming a centre with an artistic theme, there are 10 art galleries in the town, and the international renowned artist Damien Hirst, has given to the council on loan a statue called 'Verity' which is located on the pier. This statue has attracted many extra day visitors to the resort. Recent inward investment in the town has included the new Lidl's supermarket, Tesco's Supermarket, Wetherspoons Public House and shortly Premier Inn will be building a new 60 bed hotel close to this business in Market Street, on the site of the former Alexandra Theatre.

THE PREMISES
The premises comprise of a ground floor lock up public house, with the benefit of a small kitchen, ladies and gents cloakrooms and cellar. As well as a self-contained doorway access to a 2 bedroom private apartment.

THE BUSINESS
The business would be offered as a vacant former public house, unfurnished but with huge potential to become a busy seafront catering venue.

TENURE
The premises are held on the balance of a 7 year lease with 2 years unexpired at a current rental of £18,000 per annum, to include the flat and pub. The premises are now available with an ingoing premium inviting offers for the rest of the lease.

The accommodation briefly comprises:


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