Lush Bar & Restaurant, 54-55 Boutport Street, Barnstaple, EX31 1SH
Size
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Tenure
Freehold
EPC
Parking
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- Primary use
- Restaurant
Key features
- Turnover in excess of £1,000,000
- Potential on site accommodation
- c.100 covers
- GIA: 3,171ft
- Stylish Decor
- Energy Rating D
- Christie & Co Ref: 3451572
Description
Lush Bar & Restaurant is a vibrant and stylish hospitality venue in the heart of Barnstaple. Situated in a prime town centre location, this recently refurbished property combines a contemporary bar with a welcoming restaurant space, creating an ideal setting for dining, socialising and events. The interiors have been finished to a high standard with modern décor and atmospheric lighting, complemented by a fully equipped bar and commercial kitchen. The venue is well known for its quality food, cocktails and lively atmosphere. Positioned opposite the cinema and surrounded by high footfall, Lush Bar & Restaurant is perfectly placed to attract both locals and visitors, making it an excellent turnkey opportunity for an experienced operator or investor.
LocationBarnstaple is the historic and regional centre of North Devon, offering a vibrant mix of culture, commerce and natural beauty. The town boasts a high street with independent shops, cafés and restaurants, alongside modern amenities and excellent transport links.
Situated just an hour’s drive from Exeter and within easy reach of Exmoor and Dartmoor National Parks, Barnstaple is perfect for those seeking a balance of town convenience and countryside charm. Its proximity to stunning North Devon beaches makes it a popular destination for locals and visitors alike, ensuring strong year-round footfall and business potential.
Ground Floor:
The ground floor of the property features a warm and welcoming restaurant and bar area, beautifully presented with stylish décor that creates a charming and intimate atmosphere. The space is thoughtfully designed to cater for both couples seeking a relaxed dining experience and larger groups looking for a vibrant setting. A well-positioned bar servery adds to the inviting feel, while the kitchen hatch overlooks the restaurant, offering a sense of theatre and connection between guests and the culinary team. Every detail reflects quality and character, making this an exceptional venue for memorable dining.
First Floor:
The first floor includes a large office and generous storage areas, providing practical support for the day-to-day running of the business. From this level, there is access to a flat roof area where plans have previously been drawn up to create an attractive outdoor dining terrace, subject to the necessary consents. This additional feature presents a fantastic opportunity to enhance the venue’s appeal and increase covers, making the most of the property’s potential.
Second Floor:
The third floor is currently utilised as storage space but is registered under a separate council tax band as residential accommodation, meaning it can easily be reinstated as an owner’s flat, subject to any necessary consents. This offers a valuable opportunity for on-site living or additional income through letting, further enhancing the flexibility and appeal of the property.
All fixtures and fittings are owned outright and are included in the sale price, except a few personal items which will be retained by the owner.
The OpportunityThere is an opportunity for an experienced operator to take over a popular business with a strong turnover in the centre of Barnstaple.
Trading InformationAvailable upon request.
Trading HoursMonday: 11:00 - 22:30
Tuesday: 11:00 - 22:30
Wednesday: 11:00 - 22:30
Thursday: 11:00 - 22:30
Friday: 11:00 - 22:30
Saturday: 11:00 - 22:30
Sunday: 11:00 - 21:30
The property is being sold Freehold.
Business RatesThe current rateable value (1 April 2023 to present) is £38,000.
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- Business rates
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- Listed building
- No
- Business for sale
- Yes
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Lush Bar & Restaurant, 54-55 Boutport Street, Barnstaple, EX31 1SH
About Christie & Co, Pubs & Restaurants
We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.
If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.
Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.
Where we work
We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.
Our professional services
We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.
What makes us tick
Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.
Our opening hours for all offices:
Mon – Fri, 9am – 5.30pm
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Disclaimer - Property reference 3451572-fh. 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 Christie & Co, Pubs & Restaurants. 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.