Investment Properties for sale in Ilfracombe

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High Street Retail Investment + Accommodation

Ilfracombe, Devon, England

  • Freehold Price: £200,000  Price Reduced arrow_drop_down
Seller Reference: COM190090
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Business Description
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Seller Reference: COM190090
Request Details
Business Description
Ilfracombe has long been recognised as North Devon's premier tourist resort having a population of approximately 11,500 inhabitants, which is boosted during the summer months with the influx of tourists.

It has benefitted over the last few years with inward investment including new commercial developments such as the Weatherspoon's Public House and three supermarkets namely Co-Op, Lidl's and Tesco's.

In addition the Artist Damien Hirst has given on loan a statue called ‘Verity’ located on the Pier. This has attracted many thousands of day visitors to the resort in recent years.

The building is a substantial four-storey corner terrace commercial premises with the ground floor providing a shop together with lower basement area for storage purposes.

Upstairs is a spacious six bedroom living quarters ideal for two families over the main premises accessed from a separate doorway off Northfield Road.

Plans are available for inspection (held by the agents) to convert the upper floors into two apartments.

The ground floor and basement has been let on a short term annual agreement at £6,000 per annum.

The upper floors are vacant. The shop operates as a ladies fashion and home design retailer.
Is accommodation included?:
Number of bedrooms:
Location Details:
In a prime trading position at the junction of Northfield Road and the High Street in the centre of Ilfracombe this property occupies a prominent eye catching corner location. All High Street amenities are within level walking distance and at the bottom of Northfield Road is the very popular Tunnels Beaches.
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