No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£399,950
OnTheMarket > 14 days

Restaurant for sale

High Street, Ilfracombe, Devon, EX34
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Restaurant
0 bed
0 bath

Property description & features

  • Tenure: Freehold
  • Substantial High Street property
  • Prime location
  • 46 Seater licenced restaurant
  • Large 5 bedroom owners accommodation
  • 2 bathrooms and 2 fitted kitchens
  • Ladies and gents cloakrooms
  • Rear courtyard and dual access
  • For sale as a going concern
  • Would suit 2 family occupation
LOCATION
In a prime High Street trading location within the very heart of Ilfracombe, North Devon's main holiday resort. The town is expanding with a new southern development of around 350 houses due soon. In addition the resort has become a favourite with day trippers visiting to see 'Verity' the statue on the pier made by the well know artist Damien Hirst. Ilfracombe has many beaches, a picturesque harbour, parks, municipal gardens and soon to be completed in August 2022 a new Water sports Centre at Larkstone Bay.

THE PROPERTY
An exceptional example of Victorian architecture this Grade II listed family home boasts large rooms with high ceilings and plenty of natural light. There is a 46 seater licenced restaurant (30 seats in the main restaurant and the option of an additional 16 seats in the function room, which is currently being utilised as a beauticians) and cloakrooms as well as commercial kitchen to the ground floor.
Across the upper floors is the 5 bedroom owner’s accommodation that would easily suit two families as there is a rear second floor pedestrian access to Tarry Lane.
The property has gas fired central heating and the business is for sale as a going concern.

THE BUSINESS
Operating as a restaurant since 1995, this long established catering business is utilised now as a Chinese restaurant and takeaway. There are 46 covers which includes the function room (now used as a beauticians but could easily convert back to catering use).
Details of trade and opening hours will be made available to genuine buyers after inspection.

Rooms

GROUND FLOOR RECESSED PORCH

RESTAURANT 13.1m x 8m
Rear width narrows to 13' 4". Fitted with dining furniture with covers for 30 customers plus bar servery and counter.

FUNCTION ROOM 4.83m x 4.01m
This room was a function room but has most recently been used as a nail bar and beauticians. PLEASE NOTE THERE IS A FLYING FREEHOLD ABOVE THIS ROOM.

CLOAKROOMS
Lobby with access to ladies cloakroom having low level toilet and lobby with wash hand basin. Mens cloakroom having 2 urinals and lobby with wash hand basin and cloakroom with low level toilet.

STOREROOM

COMMERCIAL KITCHEN 4.65m x 4.04m
Equipped subject to inventory excluding personal items.

PRIVATE REAR STAIRCASE

PRIVATE ACCOMMODATION - FIRST FLOOR

LOUNGE 10.13m x 4.01m
Window to front overlooking the High Street. With internal stairs to the upper floor.

INNER LOBBY 4.32m x 5.36m
Incorporates a built in boiler cupboard.

BATHROOM WC
With three piece suite.

DINING ROOM 4.67m x 4.37m
With views to private courtyard.

KITCHEN 5.28m x 2.84m
Extensive range of laminated work surfaces, cupboards and drawers under, sink unit etc. Door to private enclosed courtyard.

STAIRS TO SECOND FLOOR
With large central landing.

BATHROOM WC 3.84m x 3.58m
With four piece suite including bidet, wash basin, bath, low level toilet and shower cubicle.

BEDROOM ONE 4.37m x 4.04m

STAIRS TO THE TOP FLOOR

BEDROOM TWO 4.27m x 3.96m

BEDROOM THREE 3.94m x 4.5m

REAR ELEVATION - SECOND FLOOR

BEDROOM FOUR 5.28m x 2.95m

BEDROOM FIVE 4.83m x 4.5m
With door to rear elevated walkway giving pedestrian access to Tarry Lane and thereafter the High Street .

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
£6,600 UBR, as of April 2017, 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.

COUNCIL TAX BAND
A

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.

Property information from this agent

Places of interest

    Request viewing/info
    Established in 1924, Webbers estate agents are a national award winning, independent estate agency, voted in the Top 3 estate agents in the UK for customer service in 2014. We have 16 West Country offices for residential sales & lettings in North Devon, West Somerset, Exmoor and Cornwall. Our exclusive Fine & Country marketing enables us to put our property in Park Lane, right in the heart of London, offering fabulous market exposure. In addition, with specialist departments for Commercial Property, Survey & Professional and New Homes, we deliver a comprehensive property service, with an enviable reputation as professionals in property. Ilfracombe is a bustling seaside town with curious coastal charm located on the rugged North Devon coastline.  The town boasts a population of around 12,500 inhabitants and has predominantly Victorian and Edwardian architecture although there are a lot more post war and modern properties towards the edge of the town.  Facilities within the area include a variety of small shops with larger supermarkets including Tesco, Co-op and Lidl along with a good selection of restaurants and bars.  There are infant, primary and secondary schools, the 'Landmark' theatre and cinema and a picturesque sea front with its working harbour and various beaches including the famous hand carved 'Tunnels' beach. Office and Staff The Webbers Ilfracombe office is managed by Lee Husell, a local resident all his life, and has an experienced team of 9 trained staff.  Collectively we have 100 years of Estate Agency knowledge and are the towns longest established Estate Agent having opened in the summer of 1969.   We don't just offer houses for sale in Ilfracombe, we offer residential sales and lettings of all kinds which include Fine and Country, Signature Homes, New Homes Sales and auctions as well as commercial sales, survey and professional, financial services and conveyance partners.  We are selected members of the Homesale Network giving us extensive relocation services across the UK.  As an office, we are regular winners of the company 'Office of the year' award and pride ourselves on a high level of customer service and performance.

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    Broadband availability and predicted speed

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