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COMMERCIAL

Lee Road, Lynton, Devon

£620,000
Bond Oxborough Phillips, Ilfracombe
PROPERTY TYPE

Commercial Property

BEDROOMS

5

BATHROOMS

4

SIZE

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Key features

  • Established gallery with 125 years
  • Two self-contained apartments included
  • Substantial Victorian freehold property
  • Turnkey business acquisition
  • Three-floor art gallery space
  • Multiple diverse income streams
  • Prime prominent village location
  • No Onward Chain

Description

A unique opportunity to acquire one of North Devon's most established mixed use properties, offering over 125 years of continuous trading together with exceptional lifestyle and investment potential.

Occupying a prominent position in the heart of Lynton, this substantial Victorian freehold comprises an impressive art gallery arranged over three floors, together with two self contained apartments and further development potential, subject to the necessary consents.

The gallery extends to approximately 1,615 sq ft and enjoys around 40 ft of prominent double fronted display frontage onto one of the village's busiest thoroughfares, providing outstanding visibility and passing trade. Internally, the flexible accommodation comprises a series of interconnecting gallery spaces, reception area, framing workshop, stores, kitchenette and bathroom, making it suitable for a wide range of commercial uses.

The lower ground floor offers exciting scope to create a further self contained apartment, subject to the necessary consents, presenting an opportunity to enhance the property's already impressive income potential.

Above the gallery are two well presented self contained apartments, each with independent access via a generous south facing terrace overlooking the village. Burlington offers a spacious sitting room, kitchen and dining room, double bedroom, bathroom, cloakroom and a further versatile room with potential as a study or occasional bedroom. The Loft comprises a sitting room, kitchen and dining room, two bedrooms, bathroom and an additional flexible room ideal as a home office, hobby room or occasional bedroom.

The apartments are ideally suited to the thriving holiday letting market, providing an excellent opportunity to generate substantial additional income alongside the commercial premises. Alternatively, they could provide owner's accommodation whilst continuing to produce rental income, creating multiple revenue streams from a single freehold investment.

The sale includes the freehold property together with furniture within the apartments. The established gallery business, including artwork, stock, website, eBay shop, limited company, fixtures, fittings and extensive goodwill, is available by separate negotiation, offering purchasers the opportunity to acquire a genuine turnkey business or simply invest in a landmark mixed use property with exceptional flexibility and income potential.

Lynton is a small town on the Exmoor coast standing on top of the cliffs above the picturesque harbour village of Lynmouth. Lynton and Lynmouth are connected by the Lynton and Lynmouth Cliff Railway. Lynton was once the terminus for the narrow-gauge Lynton & Barnstaple Railway which served both towns. Two villages on the coast, one above the other, Lynton and Lynmouth were known by the Victorians as Little Switzerland. Lynton is an attractive village with a museum and good range of restaurants, cafes, tea shops and 'art/craft' shops. The town hall hosts dramas and exhibitions and positioned next door to an Art and Craft centre and the village cinema. There are many hotels and guest houses in Lynton and Lynmouth. Down in Lynmouth, the two rivers, The East and West Lyn, join. The East Lyn runs to Watersmeet and the West Lyn runs South through Barbrook. Watersmeet boasts a National Trust tea room and the walk from Lynmouth to Watersmeet is very popular. The Valley of the Rocks, a short walk from Lynton, is another area worth visiting with breathtaking scenery and flocks of wild goats.

Directions
From Ilfracombe, proceed along the high street in the direction of Combe Martin. Upon reaching The Old Station Inn at Blackmore Gate Cross, turn left and continue along this road. Upon reaching the petrol station in Barbrook, take the next left and the left after that to head into Lynton. Once you are at the end of Crossmead, take a right onto Lee Road where the property can be found on your right hand side with a For Sale board at the front entrance.



Energy Performance Certificates

EPC Rating GraphEPC Rating Graph

Lee Road, Lynton, Devon

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Barnstaple Station14.6 miles
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About Bond Oxborough Phillips, Ilfracombe

119 High Street, Ilfracombe, EX34 9EY
Industry affiliations:

LOCAL KNOWLEDGE - NATIONAL STRENGTH !

The Company

Bond Oxborough Phillips is an established local company with over 20 years experience in selling property in North Devon and North Cornwall. Throughout our network of offices we are able to offer a complete property service which includes Residential Sales, Property Management and Lettings, Auctions, New Homes and Development.

Our extensive knowledge and experience of the local property market enables us to provide a professional and efficient service combined by a proactive marketing campaign.

Staff

All members of our negotiating teams are highly motivated and experienced in the local market. Our experience in our field enables us to advise clients on all aspects of buying and selling property. We recognise the importance of high standards of customer care and our constantly striving to improve our service.

Coverage

An extensive regional marketing campaign, a national network of over 250 offices, a London office and extensive website marketing enable us to provide unrivalled coverage of your property.

Presentation

We understand that first impressions of a property are all important. We place extreme emphasis on the presentation and quality of the sales brochure. Using the latest digital technology we produce high quality full colour particulars which always include a floor plan. Experience has shown us that a good presentation will increase viewing rates.

Properties

We are delighted to be instructed to sell all types of residential and commercial property. Our register currently includes Luxury Waterside Apartments, interesting Period Townhouses, a wide selection of Bungalows, Character Cottages, Executive style Houses, Barn Conversions, Holiday Chalets and Off-plan Developments. Through our specialist Select & Prestige department we are also able to offer a bespoke marketing service for highly individual properties.

Keeping you informed

As part of our service, we guarantee to give all important feedback on every viewing. Our Customer Care Co-Ordinator will provide regular summary and reports covering all aspects of our marketing campaign. Regular contact and discussion with our clients enables us to achieve a stress free and smooth sale.

Prominent and highly visible offices

Largest window display in the town

Selling 7 days a week - extended opening hours including Bank Holidays

Dedicated and experienced staff

Immediate telephone marketing

Extensive newspaper advertising

Maximum website exposure

Weekly property updates

Accompanied viewings

Guaranteed viewing feedback

Regular marketing reports and reviews

Comprehensive property brochures

Informative floorplans

Notes

These notes are private, only you can see them.

Disclaimer - Property reference ILS240364. 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 Bond Oxborough Phillips, 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.