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Investment Highlights

  • Freehold Italian restaurant with owner's accommodation above
  • Town centre location within Filey's established commercial district
  • Commercial kitchen, storage areas, and walk-in cold store

Executive Summary

This freehold Italian restaurant presents an opportunity to acquire a long-established hospitality business in Filey's town centre. Offered for sale due to retirement, the property combines an established trading operation with owner accommodation, creating a mixed-use asset suitable for owner-operators, hospitality investors, or business purchasers seeking an established presence within a coastal market.
The ground floor is configured to support restaurant operations, with a welcoming entrance from Mitford Street leading into a bar area and multiple dining spaces enhanced by distinctive Italian-style arched features. Dedicated food preparation facilities include commercial kitchen areas, storage rooms, refrigeration space, a walk-in cold store, and supporting back-of-house infrastructure designed to accommodate day-to-day restaurant operations. Customer amenities include ladies', gents', and accessible toilet facilities with baby-changing provision.
Above the restaurant, the owner's accommodation is arranged across the first and second floors and provides a self-contained residential component. The accommodation includes living and dining areas, a fitted kitchen with integrated appliances, four bedrooms, a family bathroom, and an ensuite shower room serving the principal bedroom. A south-facing first-floor terrace provides additional outdoor amenity space and serves as an ancillary fire escape route.

Property Facts

Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Property Size
5,469 sq ft
Costar Property Class
B
Year Built
1921
Price
£425,000
Price per sq ft
£77.71
Tenancy
Single
Number of Floors
3
Plot ratio
2.15
Total Plot Size
0.06 ac

Amenities

  • Restaurant
  • Security System
  • Storage Space
  • Smoke Detector

Nearby Major Retailers

SPAR
Barclays
Banking Hub
Tesco Superstore
  • Listing ID: 41915370

  • Date on Market: 28/08/2026

  • Last Updated:

  • Address: 20-24 Mitford St, Filey YO14 9DY

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