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Shop
1011
EPC rating: E
Features and description
- 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
LOCATION
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.
THE PROPERTY
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.
TENURE
Freehold with the flat let on an assured tenancy agreement at a rental of £525 per calendar month.
THE PROPOSAL
This property is owned by a local charitable trust and is for sale by private treaty with an asking price of £95,000.
AGENTS NOTE
Buyers should satisfy for themselves that the stud partition wall erected on the ground floor complies with current building regulations.
From our offices in Ilfracombe High Street, turn right and follow the street along passing the Petrol Service Station on the left hand side. Continue along and 81 High Street can be found on the left hand side of the street.
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.
THE PROPERTY
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.
TENURE
Freehold with the flat let on an assured tenancy agreement at a rental of £525 per calendar month.
THE PROPOSAL
This property is owned by a local charitable trust and is for sale by private treaty with an asking price of £95,000.
AGENTS NOTE
Buyers should satisfy for themselves that the stud partition wall erected on the ground floor complies with current building regulations.
From our offices in Ilfracombe High Street, turn right and follow the street along passing the Petrol Service Station on the left hand side. Continue along and 81 High Street can be found on the left hand side of the street.
Rooms
Ground Floor
Shop Area
Separate Access to First Floor
First Floor
Lounge 5.61m x 3.43m
Kitchen 4m x 3.45m
Utility Room 2.95m x 2.84m
Second Floor
Bedroom One 5.72m x 4.3m
Bathroom
Top Floor
Bedroom 2 3.28m x 2.95m
Bedroom 3 3.28m x 2.62m
Bedroom 4
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
To be advised.
COUNCIL TAX BAND
A - North Devon District Council.
WANT TO KNOW MORE?
We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding.
Property information from this agent
Area statistics
Crime score
High crime
8/10
About this agent
Established in 1924, Webbers estate agents are a national award-winning, independent estate agency, voted in the Top 3 estate agents in the UK for customer service in 2014. We have 16 West Country offices for residential sales & lettings in North Devon, West Somerset, Exmoor and Cornwall. Our exclusive Fine & Country marketing enables us to put our property in Park Lane, right in the heart of London, offering fabulous market exposure. In addition, with specialist departments for Commercial Property, Survey & Professional and New Homes, we deliver a comprehensive property service, with an enviable reputation as professionals in property. Ilfracombe is a bustling seaside town with curious coastal charm located on the rugged North Devon coastline. The town boasts a population of around 12,500 inhabitants and has predominantly Victorian and Edwardian architecture although there are a lot more post-war and modern properties towards the edge of the town. Facilities within the area include a variety of small shops with larger supermarkets including Tesco, Co-op and Lidl along with a good selection of restaurants and bars. There are infant, primary and secondary schools, the 'Landmark' theatre and cinema and a picturesque seafront with its working harbour and various beaches including the famous hand-carved 'Tunnels' beach.