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Licensed Restaurant With Large Accommodation Above For Sale

Ilfracombe, Devon, UK
Asking Price:
£399,950
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

An exceptional example of Victorian architecture this Grade II listed family home boasts large rooms with high ceilings and plenty of natural light.

There is a 46 seater licenced restaurant (30 seats in the main restaurant and the option of an additional 16 seats in the function room, which is currently being utilised as a beauticians) and cloakrooms as well as commercial kitchen to the ground floor.

Across the upper floors is the 5 bedroom owner’s accommodation that would easily suit two families as there is a rear second floor pedestrian access to Tarry Lane.

The property has gas fired central heating and the business is for sale as a going concern.

Operating as a restaurant since 1995, this long established catering business is utilised now as a Chinese restaurant and takeaway.

There are 46 covers which includes the function room (now used as a beauticians but could easily convert back to catering use).

Details of trade and opening hours will be made available to genuine buyers after inspection.

Property Information

Property:

Freehold

Location:

In a prime High Street trading location within the very heart of Ilfracombe, North Devon's main holiday resort.

The town is expanding with a new southern development of around 350 houses due soon.

In addition the resort has become a favourite with day trippers visiting to see 'Verity' the statue on the pier made by the well know artist Damien Hirst.

Ilfracombe has many beaches, a picturesque harbour, parks, municipal gardens and soon to be completed in August 2022 a new Water sports Centre at Larkstone Bay.

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