Commercial Property in Lynton available for sale
1

Commercial Property for Sale near Lynton

The max can't be less than the min

Find commerical property for sale in Lynton that meets your business or investment goals

Commercial Properties for Sale Within 10 miles of the Lynton

More details for High St, Porlock - Retail for Sale

The Royal Oak - High St

Porlock, TA24 8PS

  • Retail for Sale
  • £350,000
  • 3,767 sq ft
  • Restaurant
  • Smoke Detector

Porlock Retail for Sale

Comprises a ground floor public house with 4-bed owner`s accommodation above. The pub benefits from commercial kitchen, bar area with 30 seats, dining area with 16 seats, pool room and a skittle alley, providing the following accommodation and dimensions: Ground Floor: Open plan bar & restaurant, commercial kitchen, wc`s First Floor: 4 bedrooms, residential kitchen, bathroom and separate wc

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Bar

Date on Market:

06/03/2025
Hide
See More
More details for High St, Porlock - Retail for Sale

High St

Porlock, TA24 8PY

  • Retail for Sale
  • £475,000
  • 1,330 sq ft
  • Energy Performance: E

Porlock Retail for Sale

LOCATION <br />Prime High Street tourist spot in the very popular village of Porlock, close to the coast within Exmoor National Park. <br /><br />Porlock is a village in Somerset, 5 miles west of Minehead. <br /><br />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. <br /><br />Tourists flock to Porlock throughout the year, nearby is a caravan park and to the rear of this property is a public car park. <br /><br />THE PROPERTY <br />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. <br /><br />There is a covered rear courtyard and access to ladies and gents cloakrooms. <br /><br />A pathway gives access to the rear where there is a store room and boiler room. <br /><br />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. <br /><br />The top floor provides 4 further bedrooms. <br /><br />The upper floors have oil fired radiator central heating.<br /><br /> It is believed many years ago the property may have been used as a small guest house as some bedrooms have wash basins. <br /><br />THE BUSINESS<br />This long established 40 cover restaurant is now available due to retirement of the owners who has been in occupation for 40 years! <br /><br />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. <br /><br />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". <br /><br />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.<br /><br />SERVICES AND UTILITIES <br />All mains connected. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting <br />BUSINESS RATES <br />£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.<br /><br />VAT<br />We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.<br /><br />LEGAL ADVICE <br />We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.<br /><br />PLANNING <br />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 buyer’s responsibility.<br />From the town of Minehead head along the A39 towards Porlock.<br />Upon entering the village drive past the Petrol Station in the centre on the right and after 25 yards Lapsewood Restaurant is found on the right next to the Spar Convenience Store.

Contact:

Webbers

Date on Market:

24/10/2024
Hide
See More
LoopNet UK Devon Commercial Properties For Sale in Lynton, UK

Learn More About Investing in Commercial Properties

More Articles
Commercial Property Valuation Calculator
Commercial Property Valuation Calculator
A practical guide to valuing commercial property, covering the methods, factors, and costs every UK investor needs to know.
What is Commercial Property Yield?
What is Commercial Property Yield?
Essential Knowledge for Maximising Your Commercial Property Returns
Understanding Net Initial Yield (NIY)
Understanding Net Initial Yield (NIY)
A Comprehensive Guide for UK Investors
Gross Yield in Commercial Property Analysis
Gross Yield in Commercial Property Analysis
Essential Knowledge for UK Property Investors and Owners
Equivalent Yield Explained: Evaluating Commercial Property Returns
Equivalent Yield Explained: Evaluating Commercial Property Returns
How to calculate equivalent yield, what it reveals about a property's return potential, and why UK commercial investors rely on it to compare and value assets.
Understanding Reversionary Yield in Commercial Property Investment
Understanding Reversionary Yield in Commercial Property Investment
Calculating Future Potential for UK Property Investors
What is Rental Yield in Commercial Property Investing?
What is Rental Yield in Commercial Property Investing?
Understanding Property Investment Returns and Income Assessment
Internal Rate of Return (IRR) Calculator Explained
Internal Rate of Return (IRR) Calculator Explained
Maximise Returns on Your UK Commercial Property Portfolio with Calculated IRR

FAQs About Commercial Property For Sale in Lynton

See All Properties For Sale
How many commercial properties are currently available for sale in Lynton?
There are currently 1 commercial properties available for sale. Sizes range from 5,099 sq ft to 5,099 sq ft, with an average size of 5,099 sq ft. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in Lynton?
The average asking price is approximately £111 per sq ft, with prices ranging from £111 to £111 per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Commercial Properties for Sale in the Lynton

Market Overview for Commercial Properties in Lynton

Key information for Commercial Properties investors in Lynton and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Lynton £111 5,099 sq ft
South Molton £58 3,660 sq ft
Ilfracombe £169 2,809 sq ft
Barnstaple £98 18,681 sq ft
Dulverton £456 465 sq ft

Rental Price Trends in Lynton

The price per square foot range for Commercial Properties in Lynton and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Lynton £111 £111 £111
South Molton £58 £58 £58
Ilfracombe £46 £169 £596
Barnstaple £65 £98 £143
Dulverton £456 £456 £456

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Lynton area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Lynton 5,099 sq ft 5,099 sq ft 5,099 sq ft
South Molton 3,660 sq ft 3,660 sq ft 3,660 sq ft
Ilfracombe 475 sq ft 2,809 sq ft 5,222 sq ft
Barnstaple 793 sq ft 18,681 sq ft 66,244 sq ft
Dulverton 465 sq ft 465 sq ft 465 sq ft

You searched for commercial property for sale in Lynton. Explore 1 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

LoopNet - the worlds No. 1 commercial property marketplace.

Nearby Towns & Cities
Areas In & Around
Resources
Other Property Types
Major Investment Markets