Restaurants for sale in Shebbear, Beaworthy

Restaurants in Shebbear available for sale

Restaurants for Sale Within 10 miles of the Shebbear, Beaworthy

18 South St

Torrington, EX38 8AA

Retail for Sale
£185,000
617 sq ft

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Torrington Retail for Sale - Great Torrington

LOCATION Opposite the Torrington branch of Webbers Estate Agents in the heart of the town, just a few yards from the Pannier Market and town hall the premises are well placed for passing trade. Nearby is South Street car park, where the owner of this property may be able to apply for a residents’ parking permit through Torridge District Council. Availability and eligibility are subject to the council’s criteria. Torrington is a vibrant market town set high above the River Torridge. Each year it hosts a well attended May Day celebration. The town lies approximately 11 miles from Barnstaple and around 7 miles from Bideford. It is also known for being the home of Dartington Crystal and for the nearby Rosemoor Gardens, both of which are major attractions in the area. THE PREMISES The property must be viewed internally to appreciate the size and extent of the accommodation, which is arranged over three floors. The ground floor area provides approximately 617 sq ft of space. To the rear of the property is a further retail area with a large kitchen. The upper floors provide a lounge, kitchen/diner, 5 bedrooms (3 en-suite) with further bathroom and shower room. The premises are in need of work and modernisation throughout. Would be ideal for a variety of retail uses, subject to any necessary planning consent. This property benefits from approved planning permission for a change of use to a six bed House of Multiple Occupation (HMO), under application reference 1/0144/2025/FUL. SERVICES AND UTILITIES All mains connected. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting VAT We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC. BUSINESS RATES £11,500 UBR. As of April 2026, the Uniform Business Rate (UBR) multipliers are 43.2p in the pound for properties with a Rateable Value below £51,000 and 48.0p for properties at £51,000 or above. The Rateable Value has been obtained from the Valuation Office Agency at the time these details were prepared. Prospective occupiers should verify the current Rateable Value and multiplier with the Valuation Office Agency or via the GOV.UK website. Small Business Rate Relief (up to 100%) may apply for properties with a Rateable Value below £12,000, subject to eligibility and local authority assessment. LEGAL ADVICE We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated. PLANNING It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyer’s responsibility.

Contact:

Webbers

Property Subtype:

Bar

Date on Market:

31/03/2025

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FAQs About Restaurants For Sale in Shebbear

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How many restaurants are currently available for sale in Shebbear?

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 Shebbear?

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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