2 bed Flat For Sale £265,000
Shop & Apartment, Ilfracombe, Devon, EX34

LOCATION
The premises are located on the right hand side of St. James Place, a busy pedestrian and vehicular thoroughfare and connects the seafront to the harbour in the popular resort of Ilfracombe.
The town is quite rightly recognised as the holiday centre of North Devon and provides a host of amenities including beaches, tennis courts, parklands and on the outskirts of town there is a golf course.
The property is within level walking distance of the seafront as well as the picturesque harbour and adjoins The Ocean Backpackers on one side and a takeaway on the other. Recent inward investment into the town by the Council includes a new water sports centre at Larkstone Beach due to be open in April 2023.
The town has a population of around 11,000 inhabitants which is boosted throughout the year with the influx of tourists.

THE PREMISES
The property comprises of a ground floor coffee shop, providing a bar servery and store with inner room for private functions and cloakroom off. This coffee shop has most recently been let out on a short term lease at a rental of £6,000 per annum providing a useful investment income. (PLEASE NOTE: The tenants of the café have now given notice and therefore the property will be available with vacant possession). The upper floors has been modernised to a high standard and now offer at the first floor half landing a bathroom/WC and off the main landing an open plan lounge/diner with fully fitted kitchen with breakfast bar and built in fridge freezer, cooker and gas hob with extractor over and access to a sun deck. Upstairs on the second floor are two bedrooms one with en-suite shower room/WC. The apartment has gas fired radiator central heating. The current owners have used the apartment for holiday lets but this is a fine home.

AGENTS NOTE
The top floors are currently being ran as a successful holiday apartment and therefore if such an arrangement were to be continued by an investor the property can be sold with all furniture subject to an agreeable price. The apartment has been let as a holiday let and managed by the owners and Marsden’s letting agency. This arrangement could be utilised by a new owner.