EX39 1AW - Restaurant for sale in Fore Street, EX39

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Restaurant for sale in Fore Street, EX39

Summary - 8, FORE STREET EX39 1AW

4 bed 1 bath Restaurant

**Standout Features:**
- Prominent trading location in Northam, close to Westward Ho! beach
- Established restaurant with a strong 5-star TripAdvisor reputation
- Intimate dining for 12 with capacity for 20; operated just 3 nights a week by owners
- 2/3 bedroom accommodation above the restaurant, plus an additional self-contained 2-bedroom flat for rental income
- Low competition from nearby commercial operators and firm plans for local development to attract more residents

**Summary:**
Discover a unique investment opportunity in Northam with this well-established restaurant, prominently located on the main road and just a mile from the picturesque Westward Ho! beach. Having been owned by the same couple for over 25 years, the intimate dining space currently serves 12 covers but has the potential to accommodate up to 20, allowing for greater flexibility and profitability. The restaurant operates only three nights a week, yielding a commendable average net profit of £30,000, supported by a loyal customer base and consistent 5-star reviews for exceptional local produce and service.

In addition to the thriving eatery, this property features a spacious 2/3 bedroom living area, perfect for owners seeking residential convenience, as well as a self-contained 2-bedroom flat that can be rented out for additional income (currently letting for £600 per month). A courtyard garden space enhances the property's appeal, while a double garage nearby offers extra storage options by separate negotiation. With firm local development plans promising 1,000 new homes and amenities, this property guarantees increased foot traffic and future growth potential. Don’t miss this exceptional chance to blend your passion for hospitality with comfortable living in this inviting community.

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