Summary - Flat 2, Ferry Cabin, Water Street To Level Crossing SA17 5SF
2 bed 2 bath Restaurant
Coastal location with immediate rental income and scope to grow weekday trade.
56-cover restaurant with separate kitchen and large storage room|Two 1-bed flats above currently let on shorthold tenancies|Freehold sale; immediate rental income from flats|Located at beach entrance, next to rail station and ferry terminal|Currently open Thurs–Sun; scope to expand to seven days|EPC rating D; likely energy improvements needed|Oil community heating; building from 1976–1982, partial cavity insulation|Small plot, average broadband, area has high deprivation
Set at the beach entrance of Ferryside, this freehold restaurant offers an established 56-cover dining room plus two one-bedroom flats above. The business benefits from strong local reputation and weekend trade with clear scope to expand into a seven-day operation. The location by the railway station and ferry terminal attracts visitors and locals alike, with on-street and nearby parking and a new local minimarket being built nearby.
Two self-contained flats above are currently let on assured shorthold tenancy agreements, providing immediate rental income and owner-occupier flexibility. The property includes a separate kitchen, staff facilities, downstairs toilets and a large storage room — functional for continuing as a hospitality business or converting parts for expanded accommodation or retail use, subject to consent.
Buyers should note material considerations: the EPC is rated D, heating is via a community oil system, and the building dates from the late 1970s/early 1980s with partial cavity-wall insulation assumed. The site is small, broadband speeds are average, and the local area scores high on deprivation indices, which may affect year-round trade. Rateable value is modest (£6,800), and the flats are currently tenanted, so an owner-operator must plan around existing tenancies.
This opportunity suits an investor seeking mixed-use income, or an owner-operator wanting a seaside restaurant with immediate takings and scope to grow weekday trade. The property’s coastal position, nearby transport links and rental income give it practical resilience; however, a buyer should budget for energy upgrades and consider marketing and operational changes to maximise off-season trade.
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