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Commercial Property for sale

High Street, Ilfracombe, Devon, EX34

Sold STC £3,600

Property Description

Full description

Tenure: Leasehold

The premises are located in a busy High Street trading position opposite The Lamb public house and adjoining, on one side, Golds hairdresser and, on the other side, a glassware retailer. In the vicinity is Jeffery's Newsagents and the property is within level walking distance of the Co-Operative supermarket, close to the main garage petrol filling station in the centre of the High Street and, above this, the main High Street Car Park.

Ilfracombe is considered North Devon's premier holiday resort and in recent years the world renowned artist Damien Hirst has acquired two properties within the town, one a restaurant and the other an art gallery. In addition he has given on loan, to the local council, a statue called Verity located on the Quay which attracts many day visitors to the resort. The town has also benefited from inward investment in recent years including the construction of a new Weatherspoon's public house on the sea front, a Tesco supermarket on the outskirts of town and a Lidl's supermarket.

We are instructed to offer the ground floor of this mid-terraced commercial property comprising of a shop, offering some 324 sq ft of retail space, with office and kitchen beyond offering approximately a further 218 sq ft as well as staff cloakroom. The premises are ideal for a variety of trades and have recently been used as a unique handmade gift shop and coffee shop but, for many years, the premises operated as Stephen Brown Estate Agents.

We are instructed by the tenant for the assignment of the lease, details upon request. Available as a vacant property at the current asking rent of £3,600 per annum. However there is also the option to include the equipment on the basis of £450 per month. An incoming tenant will need to provide the usual bank and trade references for the landlord's approval.

The accommodation briefly comprises

324 sq ft


Both together providing approximately 218 sq ft


Mains electricity, water, drainage

£3,450 per annum. UBR, as of April 2015, 49.3p in the £ Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.

Strictly by appointment through the selling Agent

We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC

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.

Webbers do not just sell houses 
Established over 40 years ago our dedicated specialist Commercial Department deals in the sale and letting of all types of commercial property including Guest Houses, Hotels, Restaurants, Pubs, Holiday Complexes, General Businesses, Post Offices, Retail Businesses of all kinds, Shops, Offices, Investments and Industrial Premises. If this property does not suit visit our web site or call our office on 01271 347888. For out of hours call our mobile number 07967 385228.

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