Impressive Freehold Restaurant With Owners’ Accommodation In Minehead For Sale

Minehead, Somerset, UK

Asking Price:: £600,000 Furniture / Fixtures included

Turnover:: Undisclosed

Net Profit:: Undisclosed

Impressive freehold restaurant in central Minehead offering 64 covers, substantial four-bedroom owners’ accommodation, private parking and considerable scope to increase trade from the current lifestyle opening hours.

The Wheelhouse is an established restaurant occupying a distinctive detached Tudor-style property on Minehead’s attractive tree-lined Avenue. The ground-floor restaurant is smartly presented with quality fixtures and fittings and provides 44 internal covers, complemented by a paved and sheltered 20-cover front patio. An immaculately maintained commercial kitchen, dedicated preparation areas, wash-up facilities and rear delivery access support the operation.

The business benefits from its prominent position in the popular West Somerset seaside town of Minehead, attracting potential custom from local residents and visitors exploring Minehead, nearby Dunster and Exmoor. The Avenue is home to independent shops, galleries, gift shops, convenience stores and national retailers, providing an established town-centre trading environment.

A major opportunity exists to increase turnover by extending the deliberately restricted trading schedule. The owners currently operate the restaurant as a lifestyle business, trading Tuesday to Thursday evenings, Friday and Saturday lunchtimes and evenings, and Sunday lunch. Hours are reduced further to weekends during the shoulder months, with the business closing for approximately six weeks from the end of December.

Exceptional private accommodation is arranged across the upper floors and comprises four double bedrooms, living room, dining/sitting/office area, fully fitted kitchen, shower room, family bathroom and utility room. One second-floor bedroom opens directly onto a substantial private roof terrace. The property also includes gated parking for four vehicles and useful outbuildings providing dry and refrigerated storage.

The sale includes furnishings and equipment as per inventory, excluding the owners’ personal effects. Wet and dry stock and bar glassware are to be purchased at valuation on completion.

Enquiries are encouraged from buyers seeking a substantial freehold restaurant with excellent private accommodation and scope to develop trading hours in a popular Somerset coastal destination.

Property Information

Property:: Freehold

Living Accommodation:

Substantial private residential accommodation arranged over the first and second floors.

First floor: dining room/sitting room/office area, living room, fully fitted kitchen, shower room and large double bedroom with fitted wardrobes.

Second floor: three further double bedrooms, family bathroom and utility room. Bedroom 2 has double-glazed doors opening directly onto a large roof terrace.

The residential accommodation benefits from gas central heating.

Location:

The Wheelhouse Restaurant occupies a position on the bustling, tree-lined Avenue in the seaside town of Minehead, West Somerset, on the edge of Exmoor.

Minehead is an established holiday destination with beaches, a historic harbour and local attractions, while nearby Dunster provides an additional tourist draw with its castle, Yarn Market, Tithe Barn and historic buildings. The restaurant is surrounded by independent shops, galleries, traditional seaside retailers, convenience stores and other retail outlets.

Premises Details:

Detached Tudor-style freehold property with a 44-cover ground-floor restaurant, bar servery and 20-cover paved front patio.

The premises include an extensively equipped commercial kitchen with cooking, extraction, refrigeration and food preparation facilities, plus separate wash-up facilities and rear delivery access.

Upper floors provide substantial four-double-bedroom residential accommodation with two reception areas, fitted kitchen, shower room, family bathroom, utility room and large roof terrace.

To the rear is gated private parking for four vehicles together with outbuildings used for dry and refrigerated storage.

Energy Performance Rating:: C

Business Operation

Management type:: This business is owner operated.

Expansion Potential:

Considerable opportunity exists to increase trading by extending the current lifestyle opening hours and operating for more of the year.

The restaurant currently trades Tuesday to Thursday evenings from 5pm, Friday and Saturday from 11.30am–2pm and again in the evenings, and Sunday lunch only. Trading reduces to weekends during the shoulder months, with an approximately six-week closure from the end of December.

Trading hours:: Currently operated on deliberately restricted lifestyle hours, including reduced weekend-only trading during the shoulder months and an approximately six-week annual closure from the end of December.