Property photos
£325,000
Property for sale
122-128 High Street, Ilfracombe, Devon EX34Available immediately
Local area information
Property location
Nearby amenities
- Ilfracombe Church of England Junior School 0.2 miles
- Ilfracombe Infant and Nursery School 0.2 miles
- Ilfracombe Ferry Landing 0.5 miles
- Barnstaple 9.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Ilfracombe to find out more about the local area.
Features and description
- Fully let investment
- Prime location in popular tourist town
- Rental income £32,996 pax
- Shops let to A wide range of local businesses
- Car park included
Commercial Investment opportunity comprising seven fully let shops with a vibrant mix of independent retailers including fashion shop, cafe, barbers, sandwich shop and off licence.
There are seven flats above which are sold off on leases with 94 years remaining at ground rents of £100 each. There is also nominal income from an electricity sub station.
The shops and flats have front and rear access.
There is a car park to the rear accessed from Springfield Road.
Location
The property is situated in the popular tourist resort of Ilfracombe in North Devon, a short distance from the harbour. The town has a population of about 11,000 inhabitants which is boosted in the summer months with the influx of tourists.
The resort is North Devon's largest tourist centre, offering a host of facilities including beaches, parklands, attractive costal walks and on the outskirts of town is a popular gold course. The world-renowned artist Damien Hirst has given on loan to the town a statue called "Verity" which is located on the pier and has attracted many more day visitors to the area. The town has also built a reputation as an arts centre and catering venue and indeed there are now several art galleries in the resort.
Each party to bear their own legal costs.
Strictly by appointment through vdbm on or our joint sole agent Webbers on .
Please note the Directors of vdbm have a financial interest in the property.
Energy performance certificates (EPC) are available upon request. The ratings are as follows:-
122 High Street - C
123 High Street - C
124 High Street - C
125/126 High Street - B
127 High Street - C
128 High Street - B
Fully let investment
prime location in popular tourist town
Rental income £32,996 pax
Shops let to A wide range of local businesses
Car park included
There are seven flats above which are sold off on leases with 94 years remaining at ground rents of £100 each. There is also nominal income from an electricity sub station.
The shops and flats have front and rear access.
There is a car park to the rear accessed from Springfield Road.
Location
The property is situated in the popular tourist resort of Ilfracombe in North Devon, a short distance from the harbour. The town has a population of about 11,000 inhabitants which is boosted in the summer months with the influx of tourists.
The resort is North Devon's largest tourist centre, offering a host of facilities including beaches, parklands, attractive costal walks and on the outskirts of town is a popular gold course. The world-renowned artist Damien Hirst has given on loan to the town a statue called "Verity" which is located on the pier and has attracted many more day visitors to the area. The town has also built a reputation as an arts centre and catering venue and indeed there are now several art galleries in the resort.
Each party to bear their own legal costs.
Strictly by appointment through vdbm on or our joint sole agent Webbers on .
Please note the Directors of vdbm have a financial interest in the property.
Energy performance certificates (EPC) are available upon request. The ratings are as follows:-
122 High Street - C
123 High Street - C
124 High Street - C
125/126 High Street - B
127 High Street - C
128 High Street - B
Fully let investment
prime location in popular tourist town
Rental income £32,996 pax
Shops let to A wide range of local businesses
Car park included
More information
Listed by
VDBM, Middlesex
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