| Status: | For Sale |
|---|---|
| Price: | £269,950 |
| Tenure: | Freehold |
| Status: | For Sale |
|---|---|
| Price: | £269,950 |
| Tenure: | Freehold |
General
Established 8 years ago, Wellington’s is a coastal house and restaurant, ideally positioned right in the heart of old Ilfracombe standing on the upper terrace of picturesque Fore Street, which links the High Street and The Harbour. Indeed, this attractive coastal house is within 200 meters of The Harbour and 75 meters from local shops, pubs and cafes. Ilfracombe has been a popular seaside town on the glorious North Devon coast since the Victorian era, with surrounding towns and villages of Barnstaple (10 miles), Woolacombe (5 miles), Croyde (8 miles) and Lynton and Lynmouth (15 miles) providing excellent haunts for tourists. The house was built in 1826 to commemorate the Battle of Waterloo and is featured in many of the early sketches, watercolours and lithographs of Ilfracombe, dotted in and around the town. Retaining many of the original features such as polished floorboards, leaded sash windows and an enclosed south facing terraced garden (perfect for dining and pre/after dinner drinks) not to mention a few later additions including a “flying” toilet (suspended 30 ft above the ground), this quirky coastal house offers unique appeal to those seeking a home and a business opportunity in the delightful Westcountry.
Out clients, who had experience in the catering industry, decided 8 years ago they wanted to get out of the rat race and establish their own business rather than work for someone else. They literally scoured the country to find a suitable destination and property and fell upon Wellington’s, which was being offered as a coastal house, with no established business. They wanted to open a business which could be run without staff, allowing them to pursue interests outside of working hours, i.e. walking, sailing, and fishing. Their venture was to be a home which through the business they would create would allow them to live comfortably and in an enviable, non-stressed way. We can only compliment them without reservation as this is exactly what they have achieved.
Since 2003 when they acquired the property, they have established a good business and an enviable reputation with local clientele and tourists alike. Generally speaking, they have chosen to open the restaurant three nights a week only (their choice) leaving the fourth day available for prepping. There are three superb letting bedrooms which have been created with keen attention paid to detail with quality of fittings and fitments. The owners use a fourth bedroom themselves and are in the process of adding a second room (which will have en-suite facilities) for their use. All bedrooms are en-suite with quality fittings. The restaurant can cover up to 14 and is a lovely warm and intimate room. Quality rather than quantity has continually been the ethos of our clients, whilst maintaining their own goal of a thoroughly appealing lifestyle. If these ideals mirror your own, we would strongly recommend an early viewing. The business has been competitively priced and we are expecting considerable interest.
The Property
An impressive town house from the Georgian era most probably constructed of local brick elevations with some masonry, rendered externally and colourwashed in traditional white with strong black painted external woodwork beneath slated roof sections. The accommodation is arranged over ground, first, second and third floors.
Public Areas
Access to the property is gained via a heavy wood panelled front door with exterior portico inner fully glazed door with top lights leading to an impressive Entrance Hall of 5.2m. Useful understairs cupboard/store. Fire zone control panel and access to all other areas of the house including the Restaurant. This is a most lovely room being 7.5m x 3.2m with covers up to 14 depending upon the dining requirement. Stained floorboards and part laminate floor, original fireplace, free-standing Bar Servery Area. State of the art background music facility allowing iPod docking and feature to provide for downloading films etc. to the letting bedrooms. W.C. facility for Restaurant clients.
Letting Bedrooms
Three letting bedrooms to sleep 6 persons and being located on first and second floor levels.
Bedroom 1 4.8m max x 5.1m to square bow window with leaded lights. An impressive room with corniced ceiling, picture rail, impressive double bed with drapes, laminate flooring. Stylishly furnished. T.V., built-in wardrobe space. En-suite Bathroom with full sized bath, wash hand basin, W.C. Laminate flooring, eyeball downlighters, part tiled walls. In common with the two remaining letting bedrooms this room is most impressively appointed and furnished.
Bedroom 2 3.97m x 3.3m Original casement windows with wooden shutters, laminate flooring, ornate radiator cover, pine chest of drawers. En-suite facility comprising white suite with shower, W.C., wash hand basin, towel rail, eyeball downlighters, Triton shower fitment.
Bedroom 3 3.9m max x 3.0m max A twin room, once again of excellent standard with pine furnishings. En-suite facility with shower cubicle, W.C., towel rail, eyeball downlighters.
All letting bedrooms have central heating radiator, colour television which can be linked to the iPod docking station located in the Restaurant, tea and coffee making facilities.
Owner's Accomodation
The owners have the benefit of accommodation on the third floor of the building with a double Bedroom 4.8m x 3.3m, 2 dormer windows, claw-foot bath in white, vanity wash hand basin, laminate flooring in light oak, Trencher style shower over bath, heated towel rail, Venetian blinds to windows.
The second Bedroom 3.0m x 2.9m is under appointment and will provide a single bedroom for the owners with En-suite shower, W.C. and wash hand basin, laminate flooring.
Service Areas
Restaurant Kitchen 4.9m x 2.4m Commercially equipped including 4x burner gas Range, double bowl sink facility, extraction system, laminate flooring, range of commercial kitchen equipment (an Inventory will be prepared) to facilitate operating the Restaurant up to 14 covers.
Upper Floors
On the upper floors of the building is a Utility Room with washing machine facilities etc.
Outisde
Very private rear garden, high walled and on two levels, one being paved whilst the upper level has wooden decking and wrought iron balustrade. The garden is south facing and a real sun trap stocked with roses, flowering shrubs, bushes, a fuchsia and the like. There is a useful Garden Store (6m x 2.5m) and we are advised that the garden is Licensed for clients to use this facility for pre-dinner or after dinner drinks with coffee.
SERVICES
Mains water, electricity and drainage. Gas fired central heating.
Licenses
Premises Licence. We are advised that the garden area is also Licensed.
Business Website: wellingtonsretreat.co.uk
Trade
Certified accounts from the owners’ accountants in the form of a Trading, Profit & Loss Account show turnover of £43,841 and Gross Profit of £24,039 for the year ended 31st May 2010. Accounts will be made available for inspection by bona fide purchasers after they have viewed this business.
For an appointment to view please contact:
| Dean Warmington | |
|---|---|
| Tel: | 01271 378731 |
| Email: | dean@underwoodwarmington.com |
| Mobile: | 07971830881 |
| Reference: | UW654 |
These particulars are for guidance only. They are prepared and issued in good faith and are intended to give a fair description of the property but do not constitute part of an offer or contract.
Any description of information given should not be relied upon as a statement of representation of fact or that the property or its services are in good condition. Neither Underwood Warmington (nor its Joint Agents) not any of their employees has any authority to make or give any representation or warranty whatsoever in relation to the property.
The photographs show only certain parts and aspect of the property at the time they were taken. Any areas, measurements or distances given are approximate only.
Any reference to alterations to, or use of, any part of the property is not a statement that any necessary planning, Building Regulations or other consent has been obtained. These matters must be verified by an intending tenant.