High Street, Ilfracombe, Devon, EX34

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.