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Beach Road, Woolacombe, Devon, EX34

Offers in Region of
£750,000

Business rates & charges may apply

JD Commercial, Devon
SIZE

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SECTOR

Restaurant for sale

Key features

  • Highly prominent trading location on main arterial road and overlooking Woolacombe beach
  • Total floorarea of 2,460 sq.ft (229 sq.m) suitable for a wide variety of catering / bar styles
  • Glazed frontage and decked seating area
  • Toilet facilities in situ along with vent / ducting for kitchen extraction system
  • Air conditioning, downlighters, return bar servery

Description

LOCATION
Woolacombe is well known as a very popular destination for family holidays, thanks to its long sandy beach (consistently recognised by bodies such as TripAdvisor as one of the best in the UK), good surf, range of family amusements, and natural beauty. Though this large village's resident population is small at around 1,000, a very healthy year-round tourist trade helps support a range of businesses including independent shops, cafes, pubs and restaurants, and Woolacombe continues to attract large amounts of investment. North Devon's commercial centre of Barnstaple is just 12 miles away, and the notable towns and villages of Ilfracombe (5 miles) and Croyde (4 miles) are also nearby. A bus service runs from Woolacombe to Barnstaple, Ilfracombe, Combe Martin and Mortehoe.

THE SITUATION
The property is situated in the heart of Woolacombe Village and occupies a prominent location on the main arterial road into this coastal resort. Its slightly elevated position means it has views over the village, beach and sea. There are a variety of mixed retail and leisure users in the immediate vicinity including family attractions such as crazy golf and amusements, as well as the restaurant forming part of the site known as Byron Woolacombe Holidays, being a complex of luxury self catering apartments with on site leisure facilities.

THE PROPERTY AND CONSTRUCTION
The premises has a glazed frontage as well as decked area, of approximately 500 sq.ft (46 sq.m) overlooking Woolacombe beach. The premises extends to approximately 2,460 sq.ft (229 sq.m) and is currently configured as lounge bar with storage and toilet facilities. Should new owners wish to undertake food trade a kitchen would need to be installed although much of the infrastructure has already been installed in terms of duct for extraction, air conditioning, electrics etc.

THE PROPOSAL
Our clients are inviting offers for the Long Leasehold interest, originally 250 years with approximately 245 remaining and a peppercorn rent. There is a service charge of approximately £6,000 pa for upkeep and maintenance of common parts as well as buildings insurance.

ENERGY PERFORMANCE CERTIFICATE
Please contact the agents for a copy of the Energy Performance Certificate and Recommendation Report.

RATES
The premises previously formed part of a larger premises which were over double in size, as such the property is due to be reassessed.

VAT
If applicable, at the prevailing rate.

Commercial Funding

Having been in the trade for many years we have established good connections in the finance sector. Our association with these Banks and Commercial Brokers mean that we are able to offer you introductions to competitive finance packages, for a new purchase or refinance purposes alike. Whether it is initial advice on your likely purchase level or if you are at the point of making an offer, you will often be able to achieve preferential rates, possibly saving you thousands of pounds. Please call for more information.


IMPORTANT NOTICE
JD Commercial for themselves, and for the Vendors of this property whose Agents they are, give notice that:
1. The Particulars are set out in general outline only for the guidance of intending purchasers and do not constitute part of an offer or contract. Prospective purchasers should seek their own professional advice.
2. All descriptions, dimensions and areas, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them.
3. No person in the employment of JD Commercial has any authority to make or give any representation or warranty whatever in relation to this property or these particulars nor to enter into any contract relating to the property on behalf of JD Commercial, nor into any contract on behalf of the Vendors.
4. No responsibility can be accepted for any expenses incurred by any intending purchaser in inspecting properties which have been sold, let or withdrawn.

PROPERTY MISDESCRIPTIONS ACT 1993
1. All measurements are approximate.
2. While we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you, please contact JD Commercial and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property.
3. We do our utmost to comply with this Act in full. However we are also trying to represent our clients' properties in their high possible light, as such we may use summer photographs to promote some properties.

VIEWING
By strict appointment through the selling Agents, JD Commercial, 42 Ridgeway Drive, Bideford, North Devon. EX39 1TW
TEL: / E-MAIL:

Brochures

Beach Road, Woolacombe, Devon, EX34

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Barnstaple Station9.2 miles

About JD Commercial, Devon

42 Ridgeway Drive, Westward Ho, EX39 1TW

Having experience in Commercial Estate Agency since 1996, the company JD Commercial is headed up by James Doble who during his time in the Commercial market has established the importance of service in achieving successful results.

Whether it is the sale of a Leisure Property such as a Hotel or Tea Room to a private buyer, or the letting of a High Street Retail Unit to a plc, the importance of communication between all parties involved in the transaction is key. This is all brought together through JD Commercial. After all, once a purchaser is found this is often where the hard work begins.

Having the understanding that not only a purchaser's solicitor will be instructed at the point of sale, but often a Surveyor / Valuer, Bank Manager and Accountant means that we have the understanding of what is required from each party. Knowing exactly at what stage a transaction is means unnecessary costs and time delays can be avoided, as well as both vendor and purchaser experiencing a smooth transaction.

Being 100% dedicated to the Commercial Property market we do not split our time between Commercial and Residential property and as such all of our time and marketing is aimed at the Commercial sector. With our wealth of experience we have certainly noticed a change, over the years, of the ways and formats of achieving interest in property and can offer traditional or more contemporary solutions on how to market a property.

We deal with all types of Business Premises and Commercial Property throughout Devon, Cornwall and Somerset, of which they can generally be split into two sectors:- Hospitality Trade / Business Transfer and Commercial Business Property.

Hospitality Trade and Business Transfer:

Hotels / Guest Houses / Guest Accommodation and Bed & Breakfast

Public Houses / Inns, free of tie and tied

Self Catering Complexes / Camping and Caravan Sites

Catering Trade from Tea Rooms to Sandwich Bars

Business Transfer, lock up or with accommodation, such as Post Offices and Convenience Stores

Commercial Business Premises:

Retail Units

Industrial Premises

Office Accommodation

Investment Property

Development Land

Notes

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Disclaimer - Property reference 1284. 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 JD Commercial, Devon. 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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