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Property

Ilfracombe, Devon

£140,000

2 bedrooms | 1 bathrooms | 4 reception rooms
  • Investment Opportunity
  • High Street Location
  • Ground Floor Shop
  • Maisonette Two Bed Flat - Let

Freehold commercial premises situated in the centre of Ilfracombe in a prime location on the High Street. This provides an ideal investment opportunity or owner occupier with the benefit of retail on the ground floor and an attractive living accommodation on the first and second floor.The ground floor retail area is a lock up shop providing 318 sq ft. The apartment on the first and second floors provides a separate rear entrance leading into a spacious two bedroom flat with lounge, bathroom, kitchen and dining room. Gas central heating and fully double glazed. Recently re-carpeted and re-decorated. The premises are situated in a busy High Street location in the centre of the popular coastal town of Ilfracombe. Ilfracombe is North Devon's largest tourist resort having a population of approx. 10,500 inhabitants boost with the influx of tourists. The town has an attractive promenade, the Landmark Theatre, Harbour and municipal gardens. Recent inward investment include the Co-op supermarket on the sea front and a Tesco supermarket on the outskirts of the town.

THE ACCOMMODATION

The accommodation briefly comprises: -

GROUND FLOOR LOCK-UP SHOP

INTERNAL WIDTH 4.14m x DEPTH 3.05m (13' 7" x 10' 0"). With step up to:

MID SECTION
INTERNAL WIDTH 3.6m x DEPTH 4.95m (11'10 x 16'3 ). With access to the rear.
OFFICE AREA
5.4m x 2.64m ( 17'9 x 8'8). With access to:
PREPARATION AREA
2.13m x 1.7m (7' x 5'7)
WALK-IN STORE
3.05m x 1.68m (10' x 5'6)
STAFF CLOAKROOM
With low level flush WC and wash hand basin.

RATEABLE VALUE (Commercial Area)

We have been advised that the premises has a rateable value of £3,050.

FLAT

Separate entrance into:

DINING ROOM

5.12m x 2.35m (16' 10" x 7' 9")
Delightful room with light from ceiling, wood panelled walls.

KITCHEN

3.50m x 2.95m (11' 6" x 9' 8")

BATHROOM

Bath with shower over, WC

LOUNGE

4.14m x 3.35m (13' 7" x 11' )
Outlook to front.

BEDROOM ONE

4.24m x 3.25m (13' 11" x 10' 8")
Plus mezzanine with steep stairs.

BEDROOM TWO

3.85m x 2.77m (12' 8" x 9' 1")
Double room, outlook to the rear.

Ground Floor Shop

The ground floor shop is let at a current annual rental of £3,500 per annum. The flat is currently let at £525 pcm.

VIEWING

Viewings of the premises are strictly by appointment through John Smale & Co.