The business would be offered as a vacant former public house, unfurnished but with huge potential to become a busy seafront catering venue. The premises are held on the balance of a 7 year lease with 2 years unexpired at a current rental of £18,000 per annum, to include the flat and pub. The premises are now available with an ingoing premium inviting offers for the rest of the lease.
Number of bedrooms: 2
Available with the option of a self-contained 2 bedroom private apartment.
In a busy seafront trading position opposite the Landmark Theatre; in the centre of Ilfracombe, North Devon's premier tourist resort. The property is close to Runnymede Gardens and the access to the main seafront. The property is within level walking distance to all beaches and amenities, and the junction of Market Street and Wilder Road. The town is fast becoming a centre with an artistic theme, there are 10 art galleries in the town, and the international renowned artist Damien Hirst, has given to the council on loan a statue called 'Verity' which is located on the pier. This statue has attracted many extra day visitors to the resort. Recent inward investment in the town has included the new Lidl's supermarket, Tesco's Supermarket, Wetherspoons Public House and shortly Premier Inn will be building a new 60 bed hotel close to this business in Market Street, on the site of the former Alexandra Theatre.
The premises are now available with an ingoing premium inviting offers for the rest of the lease.
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