Pub for sale

High Street, Ilfracombe, Devon, EX34

£18,000

Property Description

Full description

Tenure: Leasehold

LOCATION
In a prime High Street trading position the premises are ideally placed for passing trade in the heart of Ilfracombe, North Devon's popular tourist resort. The town is having resurgence at the moment with a proposed new development of a Premier Inn to build a new hotel. In addition other recent developments have included a Wetherspoon's public house on the seafront and the world renowned artist Damian Hirst has erected a statue called 'Verity' on the pier which is on loan to the local council and has attracted many more visitors to the resort.
In the future it is anticipated that the town will expand further with up to 500 new houses being built in and with a resilient holiday season this year this venue could attract both the local and tourist trade throughout the years to come.

THE PREMISES
The property has been a nightclub for many years but was closed in Christmas 2015. Now after refurbishment by the landlord, who has installed a new ceiling the property is available for a new occupier to take over. The premises are located on the lower ground floor of 11 High Street of a mixed commercial/residential property with a cafeteria and indoor market at ground street level. This club has an entrance from the main High Street with a foyer and staircase leading down to the lower ground floor where there is a large bar, dance floor and second bar.
In total the premises are around 2,138 sq ft and also features various extra space including a large store room, kitchen, cellar, preparation room and refurbished ladies and gents cloakrooms. The premises are ideal to take over immediately and open as a lucrative nightspot in the town.

TENURE
The premises are reoffered on the basis of a brand new lease, at a commencing asking rental of £18,000 per annum exclusive, on full repairing and insuring terms. An ingoing tenant will need to provide the usual bank and trade references for landlord's approval.

The accommodation briefly comprises:


GROUND FLOOR RECEPTION 

CLOAKSTORE 
Off

INNER HALLWAY 
Access to

LADIES CLOAKROOM 
With 4 cubicles and a lobby with 2 wash hand basins

GENTS CLOAKROOM 
With 3 cubicles with 1 urinal and lobby wash hand basin

MAIN BAR 
7.67m x10.1m - With a 24' bar servery with rear recess cupboard space with cupboard lighting, suspended ceiling throughout (recently installed), and air conditioning over main bar. To the rear of the bar is

THROUGH LOBBY 
Access to

CELLAR 
17.98m x 2.84m
Beyond that is access to

KITCHEN/TAKEAWAY AREA 
5.74m x 1.98m
With

FURTHER ROOM TO MAIN KITCHEN 
2.87m x 2.29m

MAIN COCKTAIL BAR 
9.32m x 3.84m
With further bar servery. With double fire doors and access to

REAR LOBBY 

MAIN DANCE FLOOR 
7.47m x 11.46m
With suspended rigging from ceiling for lighting, main DJ booth area, further fire doors and access from the dance floor to stairs to

MEZZANINE FLOOR STORE 
4.88m x 8.53m

AGENTS NOTE 
The property is now offered with vacant possession. Please note there are no trading accounts from the previous occupier, therefore a discerning buyer will need to establish a brand new business at this venue.

SERVICES 
Mains electricity, water, drainage.

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

VIEWING 
Strictly by appointment through the selling agents.

RATEABLE VALUE 
£16,750 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.

COUNCIL TAX BAND 
To be advised

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 ILF160518. 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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