Restaurants for sale in the EX34, Ilfracombe

Explore the Latest EX34, Ilfracombe Restaurants for Sale

More details for Beach Rd, Woolacombe - Retail for Sale

Brundle's Bar and Restaurant - Beach Rd

Woolacombe, EX34 7FG

Retail for Sale
£1,500,000
6,366 sq ft

Security System

Woolacombe Retail for Sale

Our clients are inviting offers in the region of £1,500,000 for the Long Leasehold interest, originally 250 years with approximately 245 remaining and a peppercorn rent. There is a service charge of approximately £6,000 pa for upkeep and maintenance of common parts as well as buildings insurance. Although not currently operation due to personal circumstances, the business previously traded as a ‘high end’ restaurant although is suitable for a wide range of trading styles, as well as being split into 2 or 3 smaller units, subject to necessary consent. Turnover for previous years have been £670,000 and £773,000 with the business in its relative infancy at these stages. The premises has extensive glazed frontage as well as feature decked area overlooking Woolacombe beach. The split level premises extends to approximately 6,366 sq.ft (592 sq.m) providing inside covers for approximately 180 and outside dining space for a further 90 covers, with the restaurant serviced by a fitted kitchen which is open fronted to the restaurant area with a variety of back up, storage and preparation space to the rear. Internally, there is an island bar and booth seating with steps to the main restaurant area, with both areas having direct areas overlooking to decking Woolacombe areas beach. Considerable capital was spent on the infrastructure of the premises including air condition, kitchen extraction etc. The property is situated in the heart of Woolacombe Village and occupies a prominent location on the main arterial road into this coastal resort. Its slightly elevated position means it has views over the village, beach and sea. There are a variety of mixed retail and leisure users in the immediate vicinity including family attractions such as crazy golf and amusements, as well as the restaurant forming part of the site known as Byron Woolacombe Holidays, being a complex of luxury self catering apartments with on site leisure facilities.

Contact:

JD Commercial Ltd

Property Subtype:

Restaurant

Date on Market:

27/03/2025

Hide

1-1 of 1

Learn More About Investing in Restaurants

How Do You Value a Commercial Building?

Key Assessment and Valuation Methods for Property Investment

What is Commercial Property Yield?

Essential Knowledge for Maximising Your Commercial Property Returns

Understanding Net Initial Yield (NIY)

A Comprehensive Guide for UK Investors

Gross Yield in Commercial Property Analysis

Essential Knowledge for UK Property Investors and Owners

Equivalent Yield Explained: Evaluating Commercial Property Returns

Essential Knowledge for UK Property Investors and Owners

Understanding Reversionary Yield in Commercial Property Investment

Calculating Future Potential for UK Property Investors

What is Rental Yield in Commercial Property Investing?

Understanding Property Investment Returns and Income Assessment

Internal Rate of Return (IRR) Explained

Maximise Returns on Your UK Commercial Property Portfolio

FAQs about Restaurants For Sale in EX34

See All Restaurants For Sale

How many Restaurant listings are available for sale in EX34?

There are currently 1 Restaurants available for sale near EX34. These EX34 Restaurant listings have an average size of. The largest available listing in EX34 is. The thriving commercial centre and excellent transport links in EX34 make it an ideal location for businesses to find suitable Restaurant for sale.

How much does it cost to buy a Restaurant in EX34?

The average price/SF for Restaurant for sale in EX34 is about. The cost per sq ft for Restaurant in EX34 ranges from to , depending on the location and the size of the property.

What factors could affect the prices of Restaurants in EX34?

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 EX34?

Currently, the largest Restaurant available to buy is and the smallest is. The average size of Restaurant available for sale in EX34 is approximately.

Discover More Restaurants for Sale in the EX34, Ilfracombe

LoopNet - the worlds No. 1 commercial property marketplace.

Other Property Types

Resources

Major Investment Markets

Restaurant for Sale in the EX34, Ilfracombe