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Seafront Seafood Bar And Grill For Sale

Ilfracombe, Devon, UK
Asking Price:
£725,000
Turnover:
£100K - £200K
Net Profit:
Available on request

This large Victorian end terraced property is arranged as three units.

On the ground floor is the busy restaurant seating 24 inside and with 32 covers outside as well as the well equipped kitchen and store room behind.

The apartments have their own door accessed from an internal communal lobby to the side.

The first floor provides a modernised gas centrally heated 2 bedroom apartment, all on one level.

The two upper floors provide a spacious modernised 3 bedroom maisonette with gas central heating and is well presented throughout.

There are views of the esplanade and sea beyond at Wildersmouth Beach.

There is a rear first floor patio bordering Capstone Hill pleasure garden.

The apartments can be used as present for owners and granny annexe or owners and potential holiday let providing supplementary income.

Parking is available for one vehicle.

Open from April to the end September, Wednesday to Sunday or peak times 7 days a week.

Specialising in seafood dishes serving Italian coffee from the Lavazza machine, light lunches, grazing meals and dinner.

Operated by a husband and wife team for the last 15 years with up to 5 staff in the busy period.

Takings circa £159,500 per annum (NET OF VAT), accounts to genuine buyers only.

Property Information

Property:

Freehold

Living Accommodation:

2 very nicely presented apartments, one of which is a spacious 3 bed maisonette the other a 2 bed apartment with sea views.

Location:

Located facing West towards the seafront next to Capstone Hill in the prime tourist district in this busy resort of Ilfracombe. The property is within short walking distance of the harbour and pier where stands the famous statue of 'Verity' which was donated to the town by the artist Damien Hirst.

Energy Performance Rating:
C

Contact Information

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