Asking price


St. James Place, Ilfracombe, Devon, EX34

Hotel for sale


Key Features

  • Established independent hostel
  • For sale as a going concern
  • 13 Rooms and space for 45 guests
  • Car park to the rear for 4 vehicles
  • Much improved & modernised
  • New CH boiler within the last 3 years
  • Turnover circa £120,000 per annum
  • Run under management
  • Excellent business with enviable reputation
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Tony Foster

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Property Description

In a prime tourist spot located between the seafront and the harbour of this popular resort. The property is ideally placed to take full advantage of the tourist trade, being close to the pier and beaches. In addition the property benefits from a private car park to the rear for 4 vehicles.

This is a large much improved end terraced property which the current owners acquired about three years ago but are now selling due to other retail business commitments (not related to hospitality). The owners have installed a new boiler heating system and re-decorated throughout since they took over this well-established business. In recent years the property has operated as a youth hostel with an income of around £120,000 per annum.
There are 13 bedrooms that cater for up to 45 guests as a hostel or the rooms could be arranged as 8 letting bedrooms on the first and second floor and the top floor for an owner’s apartment.

Available as a thriving independent hostel or could revert easily back to a bed & breakfast establishment or alternatively as Air B&B/possible conversion of the upper floors into three apartments, subject to planning. The ground floor could be used for catering, retail or even as an art gallery, again subject to any necessary planning. Every assistance will be made available for a smooth takeover and full details of the business operation are available upon request, subject to the owner’s approval.

The property is in a conservation area. There are solar panels at the property, we have been advised by the vendors that they are owned outright. A small flying freehold exists to the rear, as the house backing onto the kitchen has access to the flat roof over. The property is pavement fronting onto St James Place where on the right hand side a timber door gives access to a small side patio. There are car parking spaces for 4 vehicles.

Key Information






All mains connected. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting


Strictly by appointment through the selling agents.

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