Summary - BIDEFORD CINEMA, 1, BRIDGELAND STREET EX39 2PS
1 bed 1 bath Cafe
**Standout Features:**
- Historic Grade II* Listed building, former Custom House dating back to the 17th century
- Scenic riverside location with tables both inside and outside available due to a pavement license
- Ample seating across two floors for approximately 70 covers
- Well-equipped commercial kitchen and function suite
- Recently refurbished interior with restored bay windows and beamed ceilings
- Currently operated daytime only; potential for expanded evening trade
**Concerns:**
- Leasehold with 10 years remaining, which may limit mortgage options
- Being a Listed property, renovations may be restricted
- Limited evening traffic currently; business primarily operates from 9 AM to 4:30 PM
- High local crime rate and area classified as deprived
**Summary Description:**
Discover the unique opportunity to own a charming cafe along the picturesque quayside of Bideford, Devon. This historic Grade II* Listed property, previously the Custom House, features a beautifully refurbished interior that effortlessly combines traditional character with modern comforts. Offering spacious indoor seating areas for approximately 70 guests, alongside a vibrant outdoor space with stunning views of the River Torridge, this cafe is ideal for casual lunches and private functions alike.
Currently operating as a daytime cafe, there's ample potential for new owners to introduce evening service, capitalizing on the growing residential community in the area. With a solid turnover of £172,000 in 2022, this property is priced competitively at £49,950 and comes with a transferable lease. Don't miss the chance to invest in this prime location; its blend of historic charm and commercial utility makes it a rare find that could elevate your entrepreneurial ambitions. Take action now to secure a future within this thriving community!
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