JD Commercial Property Directory

HIGH STREET RESTAURANT PREMISES WITH SELF CONTAINED 5 BEDROOMED ACCOMMODATION

• Prominent High Street trading location
• Contemporary restaurant premises and commercial kitchen
• Covers for circa 24
• Suitable for a wide variety of catering trades, currently operated as a Pizza / Pasta restaurant
• Self contained owners accommodation over three floors
• 5 bedrooms, office, kitchen, lounge and family bathroom
• Potential maisonette for family member or staff
• Services : Mains water, drainage, gas and electricity

LOCATION

Ilfracombe is a popular resort situated on the North Devon Coast, with an estimated population in the region of 10,500.  The sub regional centre of Barnstaple lies approximately 13 miles to the south.

THE SITUATION

The property is situated on the Towns High Street with a good mixture of retail, office and leisure users in the immediate vicinity, including the Co-Operative Supermarket.  There are two car parks close by, one to the rear of the High Street the other within Wilder Road. 

THE PROPERTY AND CONSTRUCTION

The main building is of four storey construction under a pitched slate roof, including conversion of the roof space to provide further private accommodation and a rear extension to the ground floor to provide further commercial floor area.  Our clients have undertaken regular routine maintenance during their tenure, as well as the replacement of sash windows, plastering of walls etc when required.  The double fronted ground floor currently provides covers for circa 24 with a corner bar area and a rear commercial kitchen.  Operated as an Pizza / Pasta restaurant the premises are equally suitable to different themes including Thai, Indian, Mediterranean, Mexican etc.  The residential parts are accessed by a self contained entrance at street level with the extensive accommodation providing 5 bedrooms, family bathroom, cloakroom, lounge, office and private kitchen.  There is the potential to create a separate maisonette for a dependent relative or staff member as there are three additional rooms that are currently utilised for storage.  There is a small walled garden to the rear of the property.

THE PROPOSAL

Our clients are inviting offers for the freehold interest.

THE BUSINESS

The premises are owned by a husband and wife partnership, with one having other work commitments, it means the business is predominately operated by one of the owners with a couple part time members of staff, of which there is generally a pool of 3 / 4.  The current menu offers fayre such as Pizza, Pasta, Calzone, Antipasti etc however new owners may wish to operate an alternative style of menu and theme.  Accounts will be made available to those interested in continuing the existing restaurant theme.

THE STOCK

Any current stock to be purchased at valuation upon completion, if desired.

THE INVENTORY

The property is sold with a detailed inventory of trade fixtures, fittings and equipment.

LICENCE

The property has a Premises Licence which is to be transferred to the new owners.

THE ACCOMMODATION (comprises)

GROUND FLOOR

DOUBLE FRONTED RESTAURANT UNIT
27`5 x 14’2 (8.35 m x 4.30 m) Double fronted shop unit, covers for circa 24, tiled floor, spot lighting, feature balustrade, bar servery with under counter chiller, spirit shelving

PATRONS TOILET
Low level w.c. and wash hand basin

COMMERCIAL KITCHEN
Chiller gantry, espresso machine, ice machine, 2 x freezers, pizza oven, 4 burner gas oven, electric plate warmer, fridge, stainless steel storage unit, dough mixer, Panini grill, microwave, extractor system, dishwasher, stainless steel sink unit

FIRST FLOOR – PRIVATE ACCOMMODATION

Ground floor HALLWAY with stairs to first floor landing with stripped floor boards

LOUNGE
14`5 x 10`5 (4.40 m x 3.15 m) Stripped floor boards, radiator heating, ceiling rose, ceiling coving

KITCHEN
Base units, stainless steel sink unit, laminate flooring, boiler

OFFICE
10`9 x 7`2 (3.25 m x 2.20 m) Stripped floor boards, radiator heating

POTENTIAL MAISONETTE / STAFF ACCOMMODATION

CLOAKROOM
Low level w.c and wash hand basin

STORE ROOM
10`0 x 5`1 (3.05 m x 1.55 m) plus store cupboard

UTILITY ROOM
With door to walled garden

SECOND FLOOR

LANDING with carpet

BEDROOM 1
13`10 x 10`5 (4.20 m x 3.15 m) Carpet, radiator heating

BEDROOM 2
12`8 x 10`8 (3.85 m x 3.25 m) Radiator heating

FOUR PIECE BATHROOM
Bath, electric shower, low level w.c., wash hand basin, radiator heating, tiled floor, part tiled walls

THIRD FLOOR

LANDING with laminate floor

BEDROOM 3
11`1 x 10`3 (3.35 m x 3.10 m) Laminate floor, radiator heating

BEDROOM 4
10`8 x 8`10 (3.25 m x 2.70 m) Laminate floor, radiator heating

BEDROOM 5
11`0 x 8`11 (3.35 m x 2.70 m) Laminate floor, radiator heating

OUTSIDE

To the rear of the property is a small walled courtyard area.

Commercial Funding

Having been in the trade for many years we have established good connections in the finance sector.  Our association with these Banks and Commercial Brokers mean that we are able to offer you introductions to competitive finance packages, for a new purchase or refinance purposes alike.  Whether it is initial advice on your likely purchase level or if you are at the point of making an offer, you will often be able to achieve preferential rates, possibly saving you thousands of pounds.  Please call for more information.

IMPORTANT NOTICE
JD Commercial for themselves, and for the Vendors of this property whose Agents they are, give notice that:
1.  The Particulars are set out in general outline only for the guidance of intending purchasers and do not constitute part of an offer or contract.  Prospective purchasers should seek their own professional advice.
2.  All descriptions, dimensions and areas, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them.
3.  No person in the employment of JD Commercial has any authority to make or give any representation or warranty whatever in relation to this property or these particulars nor to enter into any contract relating to the property on behalf of JD Commercial, nor into any contract on behalf of the Vendors.
4.  No responsibility can be accepted for any expenses incurred by any intending purchaser in inspecting properties which have been sold, let or withdrawn.

PROPERTY MISDESCRIPTIONS ACT 1993
1.  All measurements are approximate.
2. While we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you, please contact JD Commercial and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property.
3. We do our utmost to comply with this Act in full.  However we are also trying to represent our clients’ properties in their high possible light, as such we may use summer photographs to promote some properties.

VIEWING
By strict appointment through the selling Agents, JD Commercial, 42 Ridgeway Drive, Bideford, North Devon. EX39 1TW
TEL: (01237) 424053 / 07868 846357 E-MAIL: sales@jd-commercial.co.uk