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Commercial Property for sale

High Street, Ilfracombe, Devon, EX34


Property Description

Full description

Tenure: Leasehold

The premises occupy a busy trading position located at the eastern end of Ilfracombe High Street close to the junction of Portland Street and Fore Street. The premises are ideally placed for passing trade and nearby traders include Newsagents, Butchers, Public Houses and Furniture Store.
Ilfracombe is North Devon's leading tourist resort having a population in the region of 10,500 inhabitants. The Town is a long established holiday centre with a host of Hotels and Self-Catering complexes and during the busy summer months the population increases considerably with the influx of tourists. There are excellent holiday facilities including the famous Tunnels Beaches a picturesque Harbour, Pitch and Putt golf course on the Sea Front, tennis courts at Bicclescombe Park and a popular Golf Course on the outskirts of the town. Nearby resorts include Woolacombe and Combe Martin with Barnstaple, North Devon's regional centre, is approximately 12 miles to the South.

The subject premises were occupied by the Midland Bank for many years and were then sold off and now comprise self-contained apartments to the upper floors and we are instructed by the landlord to let the ground floor as a lock-up unit. The ground floor was the old banking hall, offices and secure vault and now provides approximately 1,046 sq ft of office space and ancillary areas together with 2 cloakrooms and staff kitchen. The property has an interesting facade with port hole windows and the original banking hall has mahogany and pine panelling. The premises could be used for a range of retail uses and have most recently been occupied as a second hand furniture store but would also be ideally suited for use as a professional office or art gallery.

Our clients are prepared to offer a brand new 3 year lease on internal repairing terms at a commencing asking rental of £7,500 per annum. A copy of the floor plan is available at the offices of Webbers Commercial the sole letting agents. An incoming tenant will be required to provide the usual bank and trade references.

The accommodation briefly comprises:

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