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59 High St 4,144 SF Retail Building Ilfracombe EX34 9QB $403,986 ($97.49/SF) 7.80% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Town connects with the South-West England motorway, the M5
  • Potential to use residential area as letting accommodation and increase revenue
  • The property is located on the high street within walking distance to the sea front

EXECUTIVE SUMMARY

Comprises public house/restaurant with function room and staff/letting accommodation.
Vacant possession with purchase price of £300,000.

ATTACHMENTS

59 High Street

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
4,144 SF
Year Built
1900
Price
$403,986
Price Per SF
$97.49
Cap Rate
7.80%
NOI
$31,511
Tenancy
Single
Building Height
5 Stories
Building FAR
1.00
Lot Size
0.10 AC
Frontage
29’ on High Street

AMENITIES

  • Restaurant
  • Storage Space

NEARBY MAJOR RETAILERS

Co-op
Morrisons
Lidl
  • Listing ID: 34971010

  • Date on Market: 2/28/2025

  • Last Updated:

  • Address: 59 High St, Ilfracombe EX34 9QB

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