Memories Restaurant, 8 Fore Street Northam, Bideford, EX39 1AW

On the market for the first time in 26 years, Memories Restaurant is a well established dining venue situated in a prominent town centre location near Barnstaple, the main commercial hub of North Devon. The restaurant occupies an accessible position within close proximity to key retail areas, offices, leisure facilities and public transport links, benefitting from consistent pedestrian footfall throughout the day and evening.

The premises are arranged to provide a welcoming and intimate dining environment, with space suitable for both casual dining and private bookings. The restaurant has built a strong local reputation and benefits from repeat custom, often being fully booked months in advance.

Memories Restaurant is well suited to continued operation as a restaurant or potential re‑branding, subject to the appropriate consents. The combination of its central position, recognised trading name, and the strength of North Devon's food and leisure market makes this an attractive opportunity for owner operators or investors.

Occupying an elevated position, Northam enjoys far reaching views over the surrounding countryside, estuary and coastline. It is particularly well known for Northam Burrows Country Park, England’s oldest golf course and a designated UNESCO Biosphere Reserve, offering expansive open space, sand dunes, coastal walks and nature trails.

The area benefits from a blend of coastal and rural living, with sandy beaches, scenic walking routes and access to outdoor and water‑based activities close by. Westward Ho!’s popular coastal amenities, including its beach, promenade, shops, cafés and restaurants, are within a short drive or walk.

Upon entering Memories, the bar servery is positioned to the right, alongside a table currently set for four covers, with attractive slate flooring. To the left, there is additional seating for approximately 14 guests, with the flexibility to increase capacity to around 18-20 covers if required.

Large windows flood the space with natural light, creating a bright and welcoming trading environment. A discreet storage area is tucked away in the far corner, ensuring the space remains uncluttered. To the rear of the unit, there are the toilet facilities, a dedicated store room, along with a fully functional commercial kitchen which provides direct access to the rear courtyard.

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.

There is a small courtyard area at the rear of the business for owners use, where there is access to further store rooms

The owner’s accommodation is arranged over two floors and provides spacious and versatile living space. The first floor comprises a well appointed kitchen offering ample cupboard storage, along with a comfortable lounge which leads through to an additional room. This flexible space has historically been used as a dining room and, more recently, as a bedroom, offering adaptability to suit individual requirements.

The top floor features a generous master bedroom with fitted wardrobes running along one side, a good‑sized second bedroom, and a family bathroom complete with both a shower cubicle and a bath, providing comfortable and practical living accommodation.

There is an option to purchase an additional self contained two bedroom apartment, on a seperate freehold title adjoinig Memories Restaurant.

The business offers excellent potential for growth under new ownership. There is clear scope to increase turnover by turning tables throughout service, allowing for multiple bookings and improved cover throughout. Extending both opening days and trading hours would enable the business to better capture demand across lunch and early evening periods. Additional upside exists through the ability to increase the number of covers, maximising use of the existing space.

Furthermore, there is strong potential to rebrand the operation as a café and takeaway concept, broadening the customer base, driving higher daytime footfall, and creating a more flexible, high volume trading model.

The business operates with no additional staff.

Monday: Closed
Tuesday: Closed
Wednesday: Closed
Thursday: From 18:30
Friday: From 18:30
Saturday: From 18:30
Sunday: Closed

The property is being sold Freehold.

The current rateable value (1 April 2023 to present) is £4,500.