On the ground floor, left hand side rooms are ideal for an owners' private 2 bedroom apartment, leaving the rest of the property to be let either as a guest house or indeed the property could be acquired as operated at present, from a distance, providing a large residential property for families to rent during the summer. The property is set within its own mature gardens with parking for 10 vehicles, has a garage, rear patio, lawn and rear tiered gardens (which is dispersed with mature shrubs).
Our clients have managed the business as husband and wife team and undertake all the bookings, do changeovers and operate a successful lettings business. The current income produced is in the region of £63,000, providing a profitable and comfortable lifestyle. The business has a great many return bookings, as well as a website which is included in the sale. Accounts will be made available to those seriously interested parties who have inspected the business and the property is available fully furnished and equipped, subject to trade inventory.
In a prime tourist trading position, next door to the iconic Grade II listed Bath House and entrance to Tunnels Beaches, this property is ideally placed for the holiday trade being within level walking distance of all seafront amenities and beaches. The property is set in Torrs Park, an area of town where there are many detached residences and beyond that access to the South West coastal footpath. Ilfracombe is often referred to as the 'jewel in the crown' and is North Devon's premier resort. The town has a population in excess of 14,000 inhabitants, boosted during the summer months with the influx of tourists. Recent inward investment has included a new Wetherspoons Public House on the seafront, Lidl's supermarket, a new level car park on the former bus station site and The Landmark Theatre. In addition the renowned artist Damien Hirst has given to the council on loan, a statue called 'Verity' located on the pier, for a term of 20 years. This unique statue has attracted many more visitors to the resort, which is fast becoming a centre for the arts. Indeed there are already 10 art galleries in the town. As well as this The Premier Inn will soon be starting work on the former Alexandra Theatre, to develop it into a 63 bedroom hotel.
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