Restaurants in Combe Martin available for sale
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Restaurant for Sale near Combe Martin, Ilfracombe

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Restaurants for Sale Within 5 miles of the Combe Martin, Ilfracombe

More details for 59 High St, Ilfracombe - Retail for Sale

59 High St

Ilfracombe, EX34 9QB

  • Retail for Sale
  • £300,000
  • 4,144 sq ft
  • Restaurant

Ilfracombe Retail for Sale

Investment Consideration: VAT is applicable to this property Total area size 385 sq m (4,144 sq ft) Comprises public house/restaurant with function room and staff/letting accommodation Property benefits from large garden at rear and basement Occupiers close by include Co-Op Supermarket, Petrol Station, Pet Store and more. Property Description: Comprises ground floor bar/restaurant with additional seating area and full commercial kitchen at first floor and large staff accommodation at second and top floor. Potential to use residential area as letting accommodation and increase revenue. The property benefits from large outdoor seating area at rear, providing the following accommodation and dimensions: Ground Floor: Open plan bar/restaurant area, prep kitchen Basement: Cellar with customer WCs & access leading to garden First Floor: Function room, commercial kitchen, wc`s, storage Second Floor: 5 letting/staff rooms, kitchen, living room, bathroom Third Floor: 2 rooms Total GIA: 385 sq m (4,144 sq ft) Tenancy: The property is at present let to an Individual for a term of 6 Years 11 Months from 15th April 2025 at a current rent of £23,400* p.a. and the lease contains full repairing and insuring covenants. Rent review on 15.04.28 linked to RPI. Tenant option to determine on 15.10.27 with minimum 3 months notice. Deposit held of £3,470. *Tenant currently pays reduced rent for Year 1 of £20,800 p.a. Fixed rental increase to £23,400 p.a. on 14.04.26. The vendor will top up rent, so the buyer receives the equivalent to £23,400 p.a. from completion Location: Ilfracombe is a seaside resort and civil parish on the North Devon coast, England, with a small harbour surrounded by cliffs. The town is at the southern end of the A361, the longest 3-digit A-road in England which finishes on the A5 at Kilsby on the Northamptonshire-Warwickshire border near Rugby and is the town's main connection with the South-West England motorway, the M5. The property is located on the high street within walking distance to the sea front. Occupiers close by include Co-Op Supermarket, Petrol Station, Public House, Pet Store and more.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Bar

Date on Market:

28/02/2025
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FAQs about Restaurants For Sale in Combe Martin

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How many Restaurant listings are available for sale in Combe Martin?
There are currently 0 Restaurants available for sale near Combe Martin. These Combe Martin Restaurant listings have an average size of. The largest available listing in Combe Martin is. The thriving commercial centre and excellent transport links in Combe Martin make it an ideal location for businesses to find suitable Restaurant for sale.
How much does it cost to buy a Restaurant in Combe Martin?
The average price/SF for Restaurant for sale in Combe Martin is about. The cost per sq ft for Restaurant in Combe Martin ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Restaurants in Combe Martin?
Several factors can impact the price of Restaurants, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot.
What is the largest Restaurant available for sale in Combe Martin?
Currently, the largest Restaurant available to buy is and the smallest is. The average size of Restaurant available for sale in Combe Martin is approximately.

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