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

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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
  • £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
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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 1 Restaurants available for sale near North Devon. These North Devon Restaurant listings have an average size of 6,366 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 £177. The cost per sq ft for Restaurant in North Devon ranges from £177 to £177, 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 £177 to £177 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 6,366 sq ft. The average size of Restaurant available for sale in North Devon is approximately 6,366 sq ft.

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