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50 High St 788 SF Retail Building Ilfracombe EX34 9QB $86,605 ($109.91/SF)



INVESTMENT HIGHLIGHTS
- Prominent High Street location
- Neighboured by convenience stores, restaurants and bars
- Large public car park opposite property
EXECUTIVE SUMMARY
LOCATION
In the ever popular coastal resort of Ilfracombe, often referred to as the 'Jewel in the crown of the North Devon coastline', the premises are located in the busy High Street with a prominent frontage. The town has a population of about 11,000 inhabitants and new housing estates are being developed on the southern fringe. There are excellent tourist facilities including the picturesque harbour, numerous beaches, pretty parklands, an indoor swimming pool and a golf course.
THE PREMISES
Formerly trading as a butchers now for sale with vacant possession and no ongoing chain.
Would be ideal for owner occupier, investor or developer.
The ground floor comprises of an empty shop with store room behind and walk in cold store.
Upstairs are three rooms, a staff room/kitchen, refrigerator room, a further store room, rear lobby, staff cloakroom and two walk in cupboards. There is a small enclosed rear yard.
AGENTS NOTE
The first floor has a limited head height of 6'2".
LEGAL ADVICE
We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.
PLANNING
It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyer’s responsibility.
BUSINESS RATES
£5,700 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.
Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
SERVICES AND UTILITIES
Mains electricity, water and drainage. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting From the Webbers office in Ilfracombe turn right and the premises are within 25 yards on the same side of the street, at a traffic crossing opposite Ilfracombe Book Shop.
In the ever popular coastal resort of Ilfracombe, often referred to as the 'Jewel in the crown of the North Devon coastline', the premises are located in the busy High Street with a prominent frontage. The town has a population of about 11,000 inhabitants and new housing estates are being developed on the southern fringe. There are excellent tourist facilities including the picturesque harbour, numerous beaches, pretty parklands, an indoor swimming pool and a golf course.
THE PREMISES
Formerly trading as a butchers now for sale with vacant possession and no ongoing chain.
Would be ideal for owner occupier, investor or developer.
The ground floor comprises of an empty shop with store room behind and walk in cold store.
Upstairs are three rooms, a staff room/kitchen, refrigerator room, a further store room, rear lobby, staff cloakroom and two walk in cupboards. There is a small enclosed rear yard.
AGENTS NOTE
The first floor has a limited head height of 6'2".
LEGAL ADVICE
We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.
PLANNING
It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyer’s responsibility.
BUSINESS RATES
£5,700 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.
Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
SERVICES AND UTILITIES
Mains electricity, water and drainage. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting From the Webbers office in Ilfracombe turn right and the premises are within 25 yards on the same side of the street, at a traffic crossing opposite Ilfracombe Book Shop.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
788 SF
Building Class
B
Year Built
1920
Price
$86,605
Price Per SF
$109.91
Tenancy
Single
Building Height
2 Stories
Building FAR
1.17
Lot Size
0.02 AC
Frontage
17’ on High Street
AMENITIES
- Signage
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NEARBY MAJOR RETAILERS
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50 High St
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