Studio flat for sale
Devon, EX34
studio Flat
Property photos
+11
Property description
LOCATION
Enviable and eye catching location facing west along Ilfracombe seafront in the heart of this popular thriving resort. The property overlooks the promenade, Capstone pleasure gardens, the crazy golf course and is within easy reach of the harbour and all holiday amenities.
THE PROPERTY
This large Victorian property is currently arranged as three units. On the ground floor is the busy restaurant with seating for 24 customers inside and with 32 customers outside as well as having a fully equipped kitchen and store room behind.
The luxuriously appointed apartments have their own entrance doors which can be accessed from an internal communal lobby to the side of the property.
The first floor provides a modernised gas centrally heated 2 bedroom apartment, all on one level.
The two upper floors provide a spacious modernised 3 bedroom maisonette with gas central heating and is well presented throughout.
There are views of the esplanade and sea beyond at Wildersmouth Beach the sunsets are spectacular!
To the rear of the first floor is a patio bordering Capstone Hill gardens.
The apartments can be used as at present for owners' accommodation plus an annexe or alternatively could be used as owners' accommodation and as a potential holiday let providing a supplementary income. Parking is available for one vehicle.
The ground floor may also convert to apartments subject to planning permission if required.
Alternatively there is opportunity to rent out the ground floor as a commercial units with the potential rent of £15,000 per annum as well as income by letting one apartment as a holiday let and living in the spacious maisonette on the upper floors.
Viewing of this property is highly recommended.
THE BUSINESS
A well respected restaurant with a loyal local and tourist customer base.
Takings circa £159,500 per annum (NET OF VAT), accounts to genuine buyers only.
Visit the business website:
Enviable and eye catching location facing west along Ilfracombe seafront in the heart of this popular thriving resort. The property overlooks the promenade, Capstone pleasure gardens, the crazy golf course and is within easy reach of the harbour and all holiday amenities.
THE PROPERTY
This large Victorian property is currently arranged as three units. On the ground floor is the busy restaurant with seating for 24 customers inside and with 32 customers outside as well as having a fully equipped kitchen and store room behind.
The luxuriously appointed apartments have their own entrance doors which can be accessed from an internal communal lobby to the side of the property.
The first floor provides a modernised gas centrally heated 2 bedroom apartment, all on one level.
The two upper floors provide a spacious modernised 3 bedroom maisonette with gas central heating and is well presented throughout.
There are views of the esplanade and sea beyond at Wildersmouth Beach the sunsets are spectacular!
To the rear of the first floor is a patio bordering Capstone Hill gardens.
The apartments can be used as at present for owners' accommodation plus an annexe or alternatively could be used as owners' accommodation and as a potential holiday let providing a supplementary income. Parking is available for one vehicle.
The ground floor may also convert to apartments subject to planning permission if required.
Alternatively there is opportunity to rent out the ground floor as a commercial units with the potential rent of £15,000 per annum as well as income by letting one apartment as a holiday let and living in the spacious maisonette on the upper floors.
Viewing of this property is highly recommended.
THE BUSINESS
A well respected restaurant with a loyal local and tourist customer base.
Takings circa £159,500 per annum (NET OF VAT), accounts to genuine buyers only.
Visit the business website:
Interested in this property?
Council tax
First listed
Over a month agoDevon, EX34
Marketed by
Webbers - Ilfracombe 48 High Street Ilfracombe EX34 9QBPlacebuzz mortgage repayment calculator
Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Devon, EX34 - Streetview
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