Restaurants in North Devon available for sale
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Restaurants for Sale in North Devon, Barnstaple

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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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More details for Beach Rd, Woolacombe - Retail for Sale

Brundle's Bar and Restaurant - Beach Rd

Woolacombe, EX34 7FG

  • Retail for Sale
  • £750,000
  • 6,366 sq ft
  • Security System

Woolacombe Retail for Sale

Offers are invited in the region of £750,000 for the Long Leasehold interest. Total floor area of 2,460 sq.ft (229 sq.m) suitable for a wide variety of catering / bar styles. Our clients are inviting offers 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.

Contact:

JD Commercial Ltd

Property Subtype:

Restaurant

Date on Market:

27/03/2025
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LoopNet UK Devon Barnstaple Restaurants For Sale in North Devon, Barnstaple, UK

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FAQs about Restaurants For Sale in North Devon

See All Restaurants For Sale
How many Restaurant listings are available for sale in North Devon?
There are currently 3 Restaurants available for sale near North Devon. These North Devon Restaurant listings have an average size of 4,723 sq ft. The largest available listing in North Devon is 6,366 sq ft. The thriving commercial centre and excellent transport links in North Devon make it an ideal location for businesses to find suitable Restaurant for sale.
How much does it cost to buy a Restaurant in North Devon?
The average price/SF for Restaurant for sale in North Devon is about £65. The cost per sq ft for Restaurant in North Devon ranges from £53 to £87, depending on the location and the size of the property.
What factors could affect the prices of Restaurants in North Devon?
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 £53 to £87 per square foot.
What is the largest Restaurant available for sale in North Devon?
Currently, the largest Restaurant available to buy is 6,366 sq ft and the smallest is 3,660 sq ft. The average size of Restaurant available for sale in North Devon is approximately 4,723 sq ft.

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