Stylish bar & restaurant in Barnstaple on the market

Lush Bar & Restaurant is a high-quality hospitality venue, combining a contemporary bar with a welcoming restaurant, and accommodating around 100 covers. With a strong reputation for its quality food, cocktails, and lively atmosphere, the well-established venue has recently been refurbished and offers a high-end, contemporary décor.

Located in the town centre, opposite a cinema, Lush Bar & Restaurant is ideally positioned to benefit from high passing footfall and attracts trade from both local residents and tourists visiting North Devon.

Having been at the venue since 2017, Jason Clark has decided to sell Lush Bar & Restaurant to focus on other assets.

The venue offers several opportunities for further development, such as the creation of a vibrant outdoor terrace space, for which previous plans exist, which could increase covers and revenue further. There is also accommodation on the top floor which could be reinstated as an owners’ residence or used to generate additional rental income.

Ryan Bassett, Business Agent – Pubs & Restaurants at Christie & Co, is managing the sale and commented, “This is a wonderful opportunity to take over an established business in North Devon with a strong turnover and an inviting, high-quality trading area. The business represents a turnkey operation with immediate upside potential. The right operators will be able to maximise profits and lead Lush Bar & Restaurant into a new era. We encourage interested parties to get in touch for more information.”

Lush Bar & Restaurant is on the market with a freehold asking price of £595,000. For more information, visit the property page: https://www.christie.com/3451572/

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