Church Street, Ilfracombe, North Devon, EX34

An excellent opportunity to acquire a fully fitted and equipped café premises, ideal for an owner-operator or investor. The sale includes the premises (shop), together with the existing fixtures, fittings, and catering equipment.

An excellent opportunity to acquire a fully fitted and equipped café premises occupying a prominent position within the heart of this popular coastal town centre. Offering an ideal opportunity for an owner-operator, first-time business owner or investor, the property is ready for a new occupier to establish or relaunch a café or similar food and beverage business,

The sale includes the premises together with a range of existing fixtures, fittings and catering equipment, providing a practical and cost-effective starting point for a new venture. Internally, the property comprises a customer serving area with a small seating space, together with a fitted preparation and kitchen area and ancillary facilities, creating a functional layout for day-to-day trading.

Situated in a convenient town centre location, the property benefits from passing pedestrian traffic and is well placed to serve both local residents and visitors to the area.

Please note that no trading accounts or financial records are available as this is a relatively new business, the sale relates primarily to the premises together with the existing fixtures, fittings and equipment. This presents an excellent opportunity for purchasers looking to create their own business with a ready-equipped premises, without the expense of a complete fit-out.

999-year lease commencing in 2022.
The leaseholder is responsible for 35% of any building maintenance and repair costs, as and when they arise.
Buildings insurance: £32.08 per calendar month.

Early viewing is highly recommended to appreciate the potential this commercial property has to offer.

EPC To Follow

Prospective purchasers should make their own enquiries with the Local Authority regarding Business Rates. At the time of publication, the property has a Rateable Value of £4,400 per annum. Subject to eligibility, qualifying purchasers may benefit from 100% Small Business Rate Relief. Applicants are advised to seek confirmation from the Local Authority regarding their eligibility.

Ilfracombe town offers a variety of independent shops along with larger supermarkets both in and out of town including Lidl, Tesco and Co-Op with further shops, art galleries, restaurants and bars within the area. The picturesque seafront and harbour area is where the renowned artist Damien Hirst influence can be found along with his 60’ ‘Verity’ statue at the harbour entrance. In addition is the exciting new water hub and café making the harbour area a hive of activity.

North Devon has a wealth of simply stunning golden sand beaches and has long been a mecca for British surfers. The area has recently been declared a ‘world surfing reserve’, one of just 12 places on the planet along with the Australia’s Golden Coast and Malibu in California. In addition Exmoor National Park offers breath taking scenery with miles and miles of walks.

Barnstaple, North Devon’s main trading centre is approximately 12 miles away with many of the big name shops and rail link to the intercity network at Tiverton.

Ready to take the next step?

Whether your home is on the market, or you’re just thinking about selling, now or in the future, and you’d just like some advice, we’d love to help!

Andrew Carr Sales
Nicola Draper Lettings

1. MONEY LAUNDERING REGULATIONS – Please note: To comply with current Anti-Money Laundering Regulations, all buyers must complete an identity verification check. The cost for this is £20 + VAT per person.

2. These particulars do not form part of an offer or contract.

3. The measurements provided are for guidance purposes only and should be considered approximate.

4. Potential buyers are advised to recheck the measurements before committing to any expenditure.

5. Douglas and Dean have not tested any appliances, equipment, fixtures, fittings, or services. It is in the buyer’s best interest to check the working condition of any appliances.

6. Douglas and Dean have not verified the legal title of the property. Buyers must obtain verification from their solicitor.

7. Mobile or broadband coverage checks have been carried out via the Ofcom website at time of instruction. Buyers are advised to make their own checks before committing to any expenditure.