Asking price

£55,000

Belgrave Promenade, Wilder Road, Ilfracombe, Devon, EX34

Retail for sale

Retail, Shop

Key Features

  • Lock-up retail premises
  • In a fashionable parade of Victorian shops
  • Retail space of around 600 sq ft
  • Rear stock room and staff cloakroom
  • Canopy over wide pavement
  • Close to Tunnels Beaches
  • Within easy level walking distance of The Landmark Theatre and seafront
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Tony Foster MNAEA, MICBA

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Property Description

LOCATION
Main road location within the popular town of Ilfracombe which is often referred to as the 'Jewell In The Crown of North Devon' on the majestic coast.
The town offers a host of holiday amenities including a picturesque harbour, numerous safe beaches, parklands, an indoor swimming pool, crazy golf and an excellent range of restaurants and cafes. It is an expanding town with a population of around 11,000 inhabitants with a large summer influx of tourists.
The world renowned artist Damien Hirst has given on loan to the town a statue called ‘Verity’ which is located on the pier and has attracted many more day visitors to the area. Ilfracombe has also built a reputation as an arts centre and catering venue and indeed there are now several art galleries in the resort.

THE PREMISES
Offered with vacant possession this shop offers around 600 sq ft of retail space and a rear stock room and cloakroom. The main shop has been re-fitted with stud partitions for an office and staff kitchen but could easily be re-instated to provide the overall retail space. There is a canopy to the front and many retailers have used this side pavement for display purposes, selling beach goods and the like in the past. Please note this property is in a conservation area.

THE PROPOSAL
Webbers are acting for the Landlord who has owned the property for many years but is now selling for genuine reasons. The property will be vacant and is ideal for a variety of purposes subject to any planning consent. Nearby outlets include a cafe, marmalade shop and fashionable work office hub.

SERVICES
Mains electricity, water and drainage. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting https://checker.ofcom.org.uk

VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.

VIEWING
Strictly by appointment through the selling agents.

RATEABLE VALUE
£4,350 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure. Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.

LEGAL ADVICE
We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.

PLANNING
It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyer’s responsibility.

Key Information

Tenure:

Freehold

Places of Interest

Marker
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