High Street, Porlock, Minehead, Somerset, TA24
WE

High Street, Porlock, Minehead, Somerset, TA24

By Webbers Property Services

£ 475,000

Reviews

2 out of 5 stars

Webbers Property Services says ..

Highly regarded long established licenced restaurant with 40 covers in the popular village of Porlock trading from character spacious 5 bedroom family home with oil fired central heating to the upper floors, rear courtyard and the business is fully equipped. Ideal turn key business or may suit ot...

Property Oracle says ..

This property presents a unique opportunity, combining a profitable restaurant business with residential accommodation. The location in Porlock, a charming Exmoor village, offers good visibility and potential for a strong clientele. The restaurant itself appears well-maintained and ready to operate, although it might benefit from some modernizations. The residential portion of the building shows the charm of its period features but with elements that could be updated. The lack of substantial outdoor space is a noteworthy point. While the list price appears fairly competitive for the area and the combined nature of the property, definitive price per square foot comparisons are impossible due to the unavailability of this metric and varying property types. A potential buyer needs to conduct a thorough assessment of the restaurant’s financial records and the overall property condition before making a final decision. The strong location and combined restaurant/residential aspect balance the lack of land. More precise information on square footage and condition would allow for more detailed property valuation.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
0
Bathrooms
0
Sqft (est)
2,493.68

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
688,850.00 £
Increased by 22.51 %
from 562,268.00 £
Est sale value
1,137,118.08 £
Increased by 418.18 %
from 219,443.84 £
Average area rental value
875.00 £/mo
Decreased by 20.45 %
from 1,100.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
1.52 %
Decreased by 35.32 %
from 2.35 %
Crime Rate
188.00 %
Unchanged by 0.00 %
from 188.00 %

Agent Activity

  • Webbers Property Services created the listing.

Nearby Schools

NameTypeOfstedDistance
St Dubricius Church Of England Va SchoolVoluntary Aided SchoolGood0.29 KM
Exford Church Of England First SchoolVoluntary Controlled SchoolGood9.58 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Lowerbourne Terrace £ 315,00000.00 KM
Orchard Rise £ 287,50000.00 KM
The Poplars £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
High Street, Porlock, Minehead, Somerset, TA24 £ 475,000BUY5 / 100.00 KM
High Street, TA24 £ 600,000BUYUnknown0.03 KM
Keyscott, High Street, Porlock £ 230,000BUYUnknown0.03 KM
High Street, Porlock, Minehead, Somerset, TA24 £ 565,000BUYUnknown0.04 KM
The Old Tannery, High Street, Porlock £ 255,000BUY6 / 100.05 KM

Nearby Properties

AddressPriceDistance
Keyscott £ 147,5000.02 KM
Whortleberry House £ 250,0000.02 KM
New Cottage £ 260,0000.02 KM
Chimney Cottage £ 275,0000.03 KM
Holmdale £ 337,0000.03 KM