Asking price

£399,950

High Street, Ilfracombe, Devon, EX34

Catering for sale

Catering

Key Features

  • Substantial High Street property
  • Prime location
  • 46 Seater licenced restaurant
  • Large 5 bedroom owners accommodation
  • 2 bathrooms and 2 fitted kitchens
  • Ladies and gents cloakrooms
  • Rear courtyard and dual access
  • For sale as a going concern
  • Would suit 2 family occupation
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Tony Foster

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Property Description

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.

THE PROPERTY
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.

THE BUSINESS
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.

Key Information

Tenure:

Freehold

Council Tax:

A

VIEWING:

Strictly by appointment through the selling agents.

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