St. James Place, Ilfracombe, EX34
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Close to the harbour, quay, beaches and car parks
- A successful licenced restaurant
- High score on Trip Advisor - Number one in the resort
- 16 Covers fully equipped commercial kitchen
- Takings just under the VAT threshold with vast scope to increase
- Two boutique en-suite letting bedrooms
- Unique second floor open plan apartment
- All tastefully decorated and modernised
- For sale as a going concern
- Services: All mains connected
Description
Close to the picturesque harbour, beaches and quayside at Ilfracombe, this property is ideally placed for passing trade.
Nearby are car parks at The Pier, Cove and Ropery Road. The property adjoins an art gallery and faces the main approach road to the harbour.
Ilfracombe has an enviable reputation and is often referred to as the 'jewel in the crown' of North Devon being the major tourist centre for the region.
In recent years the well know artist Damien Hirst has given on loan a statue called 'Verity' to the town and this has attracted many thousands of day visitors to the area.
THE PROPERTY
We strongly recommend that you must view this property to appreciate the standard of modernisation that the building has undergone in recent years. The owner has arranged the first floor into two spacious boutique en-suite bed & breakfast rooms, one having its own roof top patio to the rear. The ground floor is a self-contained 16 seater licence restaurant which has established an enviable reputation being number one on Trip Advisor. The top floor has been completely overhauled with exposed roof beams as a high floor to roof A-framed room with open plan living space and timber framed mezzanine bedroom. The property has large gas fired industrial style radiators.
THE BUSINESS
The Antidote provides superb modern British food with hand selected wines and is a sophisticated place in which to enjoy with friends. This is a family run business with proprietor chef. The current opening hours are: Wednesday to Saturday 6pm to 10pm. Open all year with the exception of August when they close through choice. Turnover is just below the VAT level of £85,000 with vast scope to increase. The upper floors have been used as a B&B/holiday let or could all be arranged as private accommodation. Business website:
PLANNING
It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyers responsibility
Ground Floor
Restaurant
7.4m x 4.62m
Double fronted window with 16 seats and bar servery.
Kitchen
4.37m x 2.2m
Fully equipped throughout subject to trade inventory and excluding any personal items.
Cloakroom
1.14m x 2.95m
L-Shaped with low level toilet and wash hand basin.
Entrance Hall
Stairs to First Floor
Bedroom One (Front)
3.58m x 3.68m
En-Suite Shower Room/WC
1.24m x 2.29m
Bedroom Two (Rear)
3.35m x 3.7m
With open plane short flight of stairs down to the en-suite, built in cupboard and door to small private roof top patio.
En-Suite Shower Room/WC
3.18m x 2.6m
Stairs to Second Floor
Shower Room/WC
3.23m x 2.54m
For the sole use of the apartment.
Second Floor Open Plan Apartment
7m x 5.82m
Incorporates open plan timber stairs to mezzanine bedroom with balustrade surround. The main room has usual work surfaces, sink unit, electric cooker hob and exposed A-framed ceiling beams. This is a most spacious and delightful living space.
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
£7,000 UBR, as of April 2023, 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. Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.
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 or call our office on .
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.
Brochures
Particulars- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
St. James Place, Ilfracombe, EX34
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About Webbers Property Services, Ilfracombe
48 High Street, Ilfracombe, Devon, EX34 9QB
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Visit our security centre to find out moreDisclaimer - Property reference ILF260089. 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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