High Street, Ilfracombe, Devon, EX34
Retail for sale
- High Street premises
- Investment opportunity
- Commercial shop plus 4 bedroom flat above which is set over 3 floors
- Currently the upper floors are let
- In need of modernisation throughout
- Would suit as a project for a builder
- Services: All mains connected
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In a busy location to the eastern side of Ilfracombe's High Street with nearby businesses including restaurants, pubs, retail outlets and The Co Op supermarket. The town has a population of around 11,000 inhabitants which is boosted throughout the year with the influx of tourists. In recent years new inward investment to the town has included a new Water Sports Centre at Larkstone Cove. In addition, the world-renowned artist Damien Hirst has given on loan to the town, a large statue called Verity which attracts many day visitors to the area. There are numerous art galleries, lovely beaches, a picturesque harbour and plenty of parks and dramatic coastal scenery.
This is a mid-terraced shop which was previously interlinked on the ground floor as Jeffrey’s newsagents, the two shops have since be separated. The shop front requires a new entrance door. Above is a private 4 bedroom flat which is tenanted has its own separate entrance. The property needs modernising and re-decorating throughout.
Freehold with the flat let on an assured tenancy agreement at a rental of £525 per calendar month.
This property is owned by a local charitable trust and is for sale by private treaty with an asking price of £95,000.
Buyers should satisfy for themselves that the stud partition wall erected on the ground floor complies with current building regulations.
Strictly by appointment through the selling agents.