This mixed-use property offers a unique investment opportunity in the heart of Ilfracombe, a bustling coastal town known for its strong tourism appeal and vibrant community. Currently, the ground floor operates as a takeaway, complete with commercial kitchen equipment that remains on-site and provides an ideal foundation for a new food venture or alternative retail use.
The upper floors feature a spacious three-bedroom residence, making it suitable for both owner-occupiers and investors looking to capitalize on rental income—whether through holiday lets or long-term tenants. The layout includes a well-sized lounge and kitchen on the first floor, along with three generously sized bedrooms and a bathroom on the second floor. Gas central heating adds to the comfort of the living space, while a sunlit outdoor area presents additional appeal.
Although the property requires some modernization, this gives you the chance to enhance its value and customize it according to current market demands. With Ilfracombe's ongoing growth, driven in part by new housing developments nearby, there is potential for significant returns on investment. The location benefits from high foot traffic and proximity to local attractions such as Damien Hirst’s ‘Verity’ statue and scenic coastal walks.
Ilfracombe is becoming increasingly popular among tourists seeking its charming atmosphere, golden beaches, and various water sports facilities. The town's mix of independent shops and year-round events creates strong commercial prospects for hospitality and retail initiatives.
All mains services are connected, but prospective buyers should verify broadband capabilities before viewing. This property presents itself as an adaptable canvas for those looking to invest in a vibrant area with considerable growth potential.
