Restaurants in Manaton available for sale
2

Restaurants for Sale near Manaton, UK

Restaurants for Sale Within 10 miles of the Manaton, UK

More details for Village Rd, Christow - Retail for Sale

The Artichoke Inn - Village Rd

Christow, EX6 7NF

  • Retail for Sale
  • £240,000
  • 3,969 sq ft

Christow Retail for Sale

Investment Consideration: Gross Initial Yield: 9.75% Rental Income: £23,400 p.a. VAT is NOT applicable to this property Comprises Grade II Listed public house with restaurant and 3-bedroom owner`s flat Benefits from large outdoor seating and large car park, kids play area and garage Located at the entrance of Dartmoor National Park in the heart of the desirable village of Christow. Property Description: Comprises a public house with 3-bed owner`s accommodation. The pub comes complete with a snug, 3 working fireplaces, beer garden, courtyard, garage and private owners parking, and a separate large car park across the road. The building dates back from the 12th Century and is the only pub in the village, providing the following accommodation and dimensions: Ground Floor: Open plan bar & restaurant, kitchen, cellar, wc`s First Floor: 3 bedrooms, living room, bathroom Total GIA: 280 sq m (3,014 sq ft) Tenancy: The property is at present let to an Individual for a term of 6 Years 11 Months from 20th November 2024 at a current rent of £23,400 p.a. and the lease contains full repairing and insuring covenants. Rent review on 20.10.27 and 20.10.30 open market upward only. Tenant option to determine on 20.10.27 with min 6 months notice. Deposit held of £5,000. Location: Christow is a village and civil parish in the Teignbridge district of Devon, England, about 12 miles southwest of Exeter. The village is in the Teign Valley, just off the B3193 road that links Chudleigh and Dunsford. The property is located at the entrance of Dartmoor National Park in the heart of the desirable village of Christow.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Bar

Date on Market:

27/03/2025

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FAQs About Restaurants For Sale in Manaton

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How many restaurants are currently available for sale in Manaton?
There are currently 0 restaurant properties available for sale. Sizes range from to , with an average size of.
How much does restaurant property cost in Manaton?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values are influenced by factors such as location, trading potential, fit-out quality, size and local demand.
What factors influence restaurant property values?
Location, footfall, visibility, accessibility, seating capacity, kitchen facilities, extraction systems and trading history can all influence value. Properties with established fit-outs or strong trading locations may attract additional buyer interest.
What sizes of restaurant property are available?
Available properties range from to , with an average size of. Opportunities may suit independent operators, expanding hospitality businesses and larger restaurant groups.
What should I consider before buying a restaurant property?
Important considerations include location, customer footfall, visibility, kitchen specification, extraction systems, storage space, licensing requirements, accessibility and future operating costs. Buyers should also assess the property's suitability for their concept and target market.
Can I buy a fully fitted restaurant?
Some restaurant properties are sold with an existing fit-out, including kitchen equipment, extraction systems, seating areas and customer facilities. Others may require refurbishment or a complete reconfiguration before opening.
Do restaurant properties require specific licences?
Depending on the intended operation, licences may be required for alcohol sales, late-night trading or entertainment. Buyers should verify existing licences and understand any local authority requirements before completing a purchase.
Can I change the use of a restaurant property?
Many restaurant properties fall within Use Class E, which may allow flexibility between restaurant, café, retail, office and other commercial uses. However, any proposed change should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review planning permissions, licences, title documents, building condition reports, environmental matters and any existing operational infrastructure. Professional legal and surveying advice is recommended before proceeding.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance, refurbishment works and any upgrades required to meet operational or regulatory standards.
Can restaurant properties be attractive investments?
Restaurant properties can generate income through occupational leases and may benefit from strong locations with consistent customer demand. As with any investment, buyers should assess tenant quality, lease terms, local market conditions and long-term growth prospects.

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