Combe Martin, ILFRACOMBE, Devon
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42 cover cafe/restaurant situted close to the sea front of this seaside village. In a very prominent position on the main route down to the sea front surrounded by other retailers. The premises are held on a current lease arranged on the ground floor area only, a substantial restaurant area with serving bar, WC, leading into fully fitted kitchen with wide range of equipment.
ACCOMMODATION
KITCHEN
11.10m x 3.40m (36'4 x 11' 2"). Extensively fitted with cooker, deep fat fryers, extractor hood and selection of fridge/freezers.
AGENTS NOTE - A full inventory will be provided upon request.
WC
With single WC.
RESTAURANT
13.65m x 4.09m (ave) (44'7 x 13' 5"). Wood panelling to walls and seating for 42 covers. SERVING BAR with double sink.
THE BUSINESS
This is an all year round business that opens 9.00 am - 4.00 pm during the winter and 8.30 am - 10.00 pm in the main season. The restaurant accommodates 42 covers, the current owner serves breakfasts, cream teas, baguettes, jacket potatoes and traditional meals. The premises can serve a selection of soft and alcoholic drinks as it has the benefit of a Drinks Licence. Turnover has been increasing since our clients have run the business. There is also the potential to run a Take-Away business.
TENURE
The business leases the premises on an existing 15 year lease from the 1st March 2000 at a current rental of ?16,000 per annum.
PREMIUM
Our clients are seeking offers in the region of ?110,000 for the benefit of the lease, goodwill and all fixtures and fittings in the premises.
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The Property Race Limited makes no warranty as to the accuracy of the advertisement. The Property Race Limited has no control over the content. The information is provided and maintained by John Smale & Co whose contact details are provided.