Restaurants for sale in Woolacombe

View the "Character Pub & Restaurant with Accommodation Surfing Mecca" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Character Pub & Restaurant with Accommodation Surfing Mecca

Woolacombe, Devon, England

  • Leasehold Price: £200,000
Seller Reference: COM190055
Request DetailsEmail email
Business Description
Image 1 of 12 video_library
Seller Reference: COM190055
Request Details
Business Description
Webbers Commercial have been favoured with instructions by the freeholders to offer the premises on the basis of a brand new lease. Please note that we can discuss the property with you

The property comprises of a 70 seater restaurant area, an L-shaped public bar, central interconnecting corridor and gents and ladies cloakrooms.

In addition there is a well-equipped commercial kitchen, cellar and store.

Above the main bar is a spacious three bedroom owner’s apartment which benefits from gas-fired central heating and has access to a roof top terrace with chalet and rooftop garden area.

The entire property wraps around a sunny south facing split level courtyard and beer garden.

The property benefits for parking for three staff vehicles in the front of the property at Barton Road.

This business has been owned by the same family for decades and is now available for genuine reasons.

The public house bar and restaurant opens from Easter to October with a combined turnover of around £500,000 of which approximately £200,000 was provided by the food trade.

It should be noted that the restaurant area was let to a chef at a nominal rent and served a limited menu; therefore a discerning purchaser could quite easily increase the turnover by extending opening hours to open in the winter to increase trade.

Details of accounts will be made available to those seriously interested parties who have inspected the property.
Is accommodation included?:
Number of bedrooms:
Location Details:
In a prime tourist trading position in the heart of Woolacombe, North Devon’s surfing Mecca along the majestic North Devon coastline.
Leasehold Term:
The property will be available on the basis of a brand new lease at a rental of £50,000 per annum on FRI terms and with an ingoing asking premium of £200,000 for the goodwill of the business and fixtures, fittings and equipment (excluding personal items).
Listed by:
Request Details

Find out more about this business opportunity.


Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Legal Services

Would you like a free no-obligation quote from a commercial law firm who could help you to buy this business?

You will be contacted by a specialist commercial solicitor from the Legal Marketing Works Network.

Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
You may also like...
loder imageloder image