Restaurant for sale
Property description & features
- Tenure: Freehold
- High Street location
- Mid-terraced spacious character property
- Retail space circa 510 sq ft
- Operated as 40 cover licence restaurant
- Kitchen and prep room
- Covered courtyard
- Ladies & gents cloakrooms
- Self-contained owners 5 bedroom house above
- Services: All mains connected
Prime High Street tourist spot in the very popular village of Porlock, close to the coast within Exmoor National Park. Porlock is a village in Somerset, 5 miles west of Minehead. There is an interesting array of local shops as well as a Tesco Express and right next to this establishment is a Spar general store. Tourists flock to Porlock throughout the year, nearby is a caravan park and to the rear of this property is a public car park.
THE PROPERTY
Attractive mid terraced 5 bedroom property providing a ground floor restaurant of around 510 sq ft with a commercial kitchen to the rear plus a preparation room.
There is a covered rear courtyard and access to ladies and gents cloakrooms.
A pathway gives access to the rear where there is a store room and boiler room.
The private quarters are approached from a self-contained hallway and stairs to first floor where there is a fitted private kitchen, bathroom, separate cloakroom, large lounge and main bedroom.
The top floor provides 4 further bedrooms.
The upper floors have oil fired radiator central heating.
It is believed many years ago the property may have been used as a small guest house as some bedrooms have wash basins.
THE BUSINESS
This long established 40 cover restaurant is now available due to retirement of the owners who has been in occupation for 40 years! Opening modestly from choice 5 evenings a week takings have been around £41,000 per annum with huge scope to increase the takings by increasing the opening hours.
One customer said "Great little place to eat. Pure and simple this is the best cooked vegetables we have ever had. Excellent service good location. No fuss, meals plated and delicious." Another said "Good honest food, good wines and lovely service".
The business is now closed due to retirement but can easily be re-established and is offered fully furnished and equipped or alternatively would be ideal for a variety of businesses, subject to any necessary planning consents.
Rooms
Ground Floor
Restaurant 9.04m x 5.23m
Commercial Kitchen 4.17m x 3.3m
Prep Room 4.17m x 2.1m
Boiler Room
Store Room
Ladies and Gents Cloakrooms
Covered Yard
First Floor
Private Accomodation
Lounge 8.76m x 4.14m
Bedroom 1 4.37m x 4.3m
Bathroom
Separate WC
Kitchen 3.76m x 2.84m
Second Floor
Bedroom 2 5.9m x 3.07m
Bedroom 3 4.4m x 4.27m
Bedroom 4 4.14m x 4.14m
Bedroom 5 3.18m x 2.13m
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
£7,700 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.
COUNCIL TAX BAND
B
WANT TO KNOW MORE?
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