Retail in Lynmouth available for sale
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Retail Properties for Sale near Lynmouth

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Retail Properties for Sale Within 10 miles of the Lynmouth

More details for High St, Porlock - Retail for Sale

The Royal Oak - High St

Porlock, TA24 8PS

  • Retail for Sale
  • £350,000
  • 3,767 sq ft
  • Restaurant
  • Smoke Detector

Porlock Retail for Sale

Comprises a ground floor public house with 4-bed owner`s accommodation above. The pub benefits from commercial kitchen, bar area with 30 seats, dining area with 16 seats, pool room and a skittle alley, providing the following accommodation and dimensions: Ground Floor: Open plan bar & restaurant, commercial kitchen, wc`s First Floor: 4 bedrooms, residential kitchen, bathroom and separate wc

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Bar

Date on Market:

06/03/2025
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More details for High St, Porlock - Retail for Sale

High St

Porlock, TA24 8PY

  • Retail for Sale
  • £475,000
  • 1,330 sq ft
  • Energy Performance: E

Porlock Retail for Sale

LOCATION <br />Prime High Street tourist spot in the very popular village of Porlock, close to the coast within Exmoor National Park. <br /><br />Porlock is a village in Somerset, 5 miles west of Minehead. <br /><br />There is an interesting array of local shops as well as a Tesco Express and right next to this establishment is a Spar general store. <br /><br />Tourists flock to Porlock throughout the year, nearby is a caravan park and to the rear of this property is a public car park. <br /><br />THE PROPERTY <br />Attractive mid terraced 5 bedroom property providing a ground floor restaurant of around 510 sq ft with a commercial kitchen to the rear plus a preparation room. <br /><br />There is a covered rear courtyard and access to ladies and gents cloakrooms. <br /><br />A pathway gives access to the rear where there is a store room and boiler room. <br /><br />The private quarters are approached from a self-contained hallway and stairs to first floor where there is a fitted private kitchen, bathroom, separate cloakroom, large lounge and main bedroom. <br /><br />The top floor provides 4 further bedrooms. <br /><br />The upper floors have oil fired radiator central heating.<br /><br /> It is believed many years ago the property may have been used as a small guest house as some bedrooms have wash basins. <br /><br />THE BUSINESS<br />This long established 40 cover restaurant is now available due to retirement of the owners who has been in occupation for 40 years! <br /><br />Opening modestly from choice 5 evenings a week takings have been around £41,000 per annum with huge scope to increase the takings by increasing the opening hours. <br /><br />One customer said "Great little place to eat. Pure and simple this is the best cooked vegetables we have ever had. Excellent service good location. No fuss, meals plated and delicious." Another said "Good honest food, good wines and lovely service". <br /><br />The business is now closed due to retirement but can easily be re-established and is offered fully furnished and equipped or alternatively would be ideal for a variety of businesses, subject to any necessary planning consents.<br /><br />SERVICES AND UTILITIES <br />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 <br />BUSINESS RATES <br />£7,700 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure. Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.<br /><br />VAT<br />We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.<br /><br />LEGAL ADVICE <br />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.<br /><br />PLANNING <br />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.<br />From the town of Minehead head along the A39 towards Porlock.<br />Upon entering the village drive past the Petrol Station in the centre on the right and after 25 yards Lapsewood Restaurant is found on the right next to the Spar Convenience Store.

Contact:

Webbers

Date on Market:

24/10/2024
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FAQs About Retail Property For Sale in Lynmouth

See All Retail Spaces For Sale
How many retail properties are currently available for sale in Lynmouth?
There are currently 0 retail properties available for sale. Sizes range from to , with an average size of. Available opportunities may include high street shops, retail units, shopping centre space, neighbourhood parades and mixed-use investments.
How much does retail property cost in Lynmouth?
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, footfall, tenant strength, lease terms and the overall condition of the property.
What factors influence retail property values?
Location is often the most important factor, alongside footfall levels, tenant quality, lease length, rental income, nearby occupiers and local market conditions. Properties with strong trading locations and established tenants may attract greater investor demand.
What sizes of retail property are available?
Available properties range from to , with an average size of. Opportunities may suit independent retailers, owner-occupiers, investors and larger multi-site operators.
What are the benefits of investing in retail property?
Retail property can provide long-term rental income and the potential for capital growth. Well-located assets with established tenants may offer predictable income streams, while properties with redevelopment or alternative-use potential can provide additional opportunities for value creation.
What risks should I consider before buying?
Potential risks include tenant vacancy, changing consumer behaviour, local competition, economic conditions and shifts in retail demand. Understanding the strength of the location and the sustainability of rental income is an important part of any acquisition decision.
How does lease length affect investment performance?
Longer leases can provide greater income certainty, while shorter leases may offer opportunities for rent growth or repositioning. Investors should review rent review provisions, break clauses and tenant obligations when assessing an asset.
What types of tenants occupy retail property?
Retail occupiers can include national retailers, convenience stores, restaurants, cafés, health and beauty businesses, service providers and independent operators. The mix of tenants can influence both investment performance and future demand.
Can a retail property be used for other purposes?
Many retail premises fall within Use Class E, which may allow a degree of flexibility between retail, office, hospitality, health and other commercial uses. However, any proposed change of use should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review leases, tenant covenant strength, service charge arrangements, planning permissions, title documents, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
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 and any refurbishment or maintenance works that may be required.

Discover More Retail Properties for Sale in the Lynmouth

With 0 retail units currently available for sale in Lynmouth, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Lynmouth, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in Lynmouth, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Lynmouth can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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