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Prime Restaurant Investment In Wadebridge For Sale

Wadebridge, Cornwall, UK
Asking Price:
£250,000
Turnover:
£24,000
Net Profit:
£24,000

High-yielding restaurant investment opportunity located in the heart of Wadebridge, offering secure long-term income from an established tenant. Positioned within a busy retail and leisure complex adjacent to the River Camel and Camel Trail, this property benefits from strong year-round and seasonal footfall.

The ground floor comprises a spacious and well-presented restaurant with generous seating capacity, a fully fitted commercial kitchen, storage areas, and customer facilities. Large windows provide excellent natural light, while a Juliet balcony offers attractive views over the river and car park, enhancing the customer experience.

The first floor provides substantial additional space currently used for storage, with the added benefit of river views. This area offers potential for conversion into a residential flat, subject to planning, with previous consent having been granted—adding future value and development upside for investors.

Located within the South Quay retail complex, the property occupies a prominent position close to the town centre, main car parks, and the popular Camel Trail, which draws significant visitor numbers throughout the year. The surrounding area includes a mix of independent businesses, cafés, and service providers, ensuring consistent demand.

The property is let to an established restaurant operator on a 20-year lease expiring in 2040, with approximately 15 years remaining. The lease includes regular rent reviews and is held on full repairing and insuring terms (with landlord responsibility for the roof), providing a stable and attractive income stream.

Enquire now to secure this strong investment opportunity in Wadebridge.

Property Information

Property:

Freehold

Living Accommodation:

Potential on first floor (subject to planning).

Location:

Wadebridge is located on the north coast of Cornwall, situated along the River Camel approximately seven miles east of Padstow. The town has a resident population of 6,222 (2011 Census). It serves as an important local centre for the surrounding area, with a good range of independent shops, cafés, and services. Wadebridge is popular with visitors, particularly during the holiday season, due to its position on the Camel Trail cycle path, which provides easy access to Padstow and Bodmin. The town also benefits from its proximity to the coast and is a convenient base for exploring nearby beaches and countryside.

Premises Details:

Ground floor restaurant with main dining area, fully equipped kitchen, storage rooms, and customer WC facilities. First floor provides additional storage/accommodation with river views and conversion potential

Size in square feet:
2626 sqft
Planning Consent:

Restaurant use with potential for residential conversion (subject to confirmation).

Business Operation

Expansion Potential:

Potential to convert first floor into residential accommodation (subject to planning), enhancing income and capital value.

Competition / Market:

Located within a busy retail and leisure development with strong demand driven by tourism and local trade.

Reasons for selling:

Investment disposal

Trading hours:

As per tenant operations