High Street, Ilfracombe
- PROPERTY TYPE
Commercial Property
- SIZE
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Key features
- Spacious shop premises with double fronted windows
- In a prominent spot on Ilfracombe High Street
- Represents a 10%-12.5% yield on investment
- Beautiful shop frontage, newly refurbished to a high standard
- Newly re-wired throughout
- Original timber flooring and original features
Description
A double fronted commercial premises in the heart of Ilfracombe Town Centre with a beautiful frontage, retaining original ornate paneling and decoration. This prominent High Street shop has recently been refurbished externally and been newly re-wired internally.
Comprising of a retail floor space of approx 120 sq feet and an additional WC and kitchenette.
Being on the 'Sunnyside' of the High Street, it gets an incredible amount of footfall, particular in the summer months.
The rental value is between £400 and £450 per calendar month which would represent an annual return on investment of 10% - 12.5%.
999 YEAR LEASEHOLD.
Shop Floor - 5.13 x 5.16 (16'9" x 16'11") - The shop floor benefits from two large display windows, allowing for an abundance of natural light into the room. There is ample space for displaying goods, dependent on the new owners desired use. Other features include a suspended ceiling with pendant lighting and original timber flooring.
Rear Shop/Workshop/Store - Located at the rear of the shop is a small WC and kitchenette.
Agents Notes - We have been informed by the vendor that electric, water and drainage are all mains connected. The property will all be sold with the remainder of a 999 year lease in place. The commercial unit is expected to pay a contribution of 25% to the building insurance and 25% of external works as required.
The shop does form part of a Grade II listed building.
To comply with the property misdescriptions act we must inform all prospective purchaser that the measurements are taken by an electronic tape measure and are provided as a guide only. We have not tested any mains services or electric appliances or fixtures and fittings mentioned in these details, therefore, prospective purchasers should satisfy themselves before committing to purchase.
Directions - From our office proceed in a westerly direction down the High Street. Number 52 can be found opposite the petrol station.
Brochures
High Street, IlfracombeHigh Street, Ilfracombe
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Barnstaple Station9.6 miles
About the agent
Turners, Ilfracombe
135 High Street, Ilfracombe, EX34 9EZ
Turners Property Centre, incorporating Skinner & Sons, has been established in Ilfracombe for over 50 years.
We have evolved over the years to become one of North Devon’s leading estate and letting agencies. We are a friendly, privately owned company specialising in all aspects of the property market throughout Ilfracombe, Combe Martin, Berrynarbor, Woolacombe, Barnstaple Braunton, Croyde and Saunton, and all the surrounding areas. We are members of the NAEA and ARLA, and are t
Industry affiliations
Notes
Disclaimer - Property reference 32985193. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Turners, Ilfracombe. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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