Belgrave Promenade, Wilder Road, Ilfracombe, Devon, EX34

RARE AND EXCITING OPPORTUNITY!

An opportunity arises to purchase a freehold development site centrally located to the town centre and amenities. The approved plans allow for one house and 8 apartments. The property is located next to the seafront opposite the Famous Tunnel Beaches and 100 metres from the High Street

The current vendors have already developed the house, so therefore the planning permission has been activated and now remains live for good. The 8 apartments have not yet been started and this part of the building is for sale as part of the development site, the vendors will be retaining the house.

There is the possibility of adding an extra floor to increase from 8 to 10 apartments, which has been done on the venture earlier project (Subject to planning permission). A lift is already in place which services all floors. The property has been operating as a Bed and Breakfast up to the VAT limit just using 12 of the 20 rooms. The property is located next to the seafront opposite the Famous Tunnel Beaches and 100 metres from the High Street.

There are no Section 106 payments required, so therefore, subject to notifying building control, the work can start immediately.

The site also has enough parking for one space per apartment; the parking is on the front car park on the Wilder Road side of the building.

Planning Permission was granted under application number 63991 and the link to the consent on the NDDC website is below:

https://planning.northdevon.gov.uk/Planning/Display/63991

Services: All mains services connected

Ilfracombe town centre has a variety of small independent shops as well as larger supermarkets, schools for all ages, a health centre, cottage hospital, theatre, post office and a bank. The picturesque sea front and harbour has further shops, bars and some fantastic restaurants. Wildersmouth Beach and the famous Victorian hand carved "Tunnels" beach are along the esplanade which leads down to the picturesque harbour and the renowned artist Damien Hirst's influence can be felt by the addition of many art galleries which have appeared over recent years together with his majestic 60ft tall "Verity" statue at the harbour mouth.