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Superb Free-of-tie Pub And Restaurant In Devon Town For Sale

Ilfracombe, Devon, UK
Asking Price:
£4,500
Turnover:
Undisclosed
Net Profit:
Undisclosed

• Superb free of tie pub and restaurant in coastal Devon town
• Recently refurbished good sized commercial kitchen, contemporary style bar for 50 plus and refurbished WCs
• First floor function room for 50 with separate WCs – ideal for weddings and parties
• Stunning rear patio beer garden with outside pizza oven
• Well proportioned 6-bedroom private quarters
• In High Street of Ilfracombe - famous for sandy beaches and harbour
• First year concessionary rent available

Property Information

Property:

Leasehold

Lease Terms:

The property is available on the basis of a brand new 7-year lease.

Year 1 rent: £20,800.

Year 2 rent: (headline) £23,400.

There will be VAT payable on the rent.

Location:

The town of Ilfracombe is situated on the North Devon coast, famous for its picturesque harbour and surrounded by a stunning coastline.

It is a vibrant local town with a population of well over 12,000 boosted all through the year by tourists coming to this most attractive part of the country.

The Lamb is situated in the High Street of Ilfracombe surrounded by other retailers.