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Development Project - Close To Harbour For Sale

Ilfracombe, Devon, UK
Asking Price:
£350,000
Turnover:
Not applicable
Net Profit:
Not applicable

This very attractive town house benefits from planning permissions for residential conversion and redevelopment. Plans are available for inspection at Webbers Commercial. The rear section has been sold off separately for commercial restaurant/café use.
The accommodation has been stripped back to the stonework and timber uprights and beams in readiness for conversion and now provides largely open-plan accommodation, offering an ideal opportunity for a builder, developer or DIY enthusiast to complete the project to their own specification.
Now only available due to the owner's business commitments elsewhere, this desirable property occupies a sought-after position close to Ilfracombe Harbour and offers potential as a substantial private residence, holiday home or investment opportunity, subject to any necessary consents.
Planning permissions have previously been granted for the conversion of the upper floors into a substantial dwelling, with the most recent permission also including residential use of the ground floor and an extension. Subject to the approved plans and any necessary consents, the property offers the potential to create extensive residential accommodation.

Property Information

Property:

Freehold

Location:

Situated in a busy tourist trading position close to Cove public car parks, and surrounded by public houses, restaurants, and harbour-related attractions. Ilfracombe is North Devon’s largest tourist resort, benefiting from beaches, coastal walks, parklands, a golf course, and the landmark Damien Hirst statue Verity on the pier, which attracts significant visitor numbers.

Premises Details:

Attractive town house with front section retained for residential conversion. Rear section previously sold off for commercial restaurant/café use.

Planning Consent:

Planning permission was granted by North Devon Council under reference 76829 on 17th of May 2023 for the conversion of the existing two flats into a single three-bedroom apartment at first, second and third floor level together with part change of use of the ground floor to allow for Use Class E. A further planning permission was subsequently granted under reference 79009 on 6th of September 2024 for the conversion of the existing two flats into a single three-bedroom apartment, change of use of the ground floor to residential accommodation and a first-floor extension. Interested parties should satisfy themselves as to the status and ongoing validity of any planning permissions and make their own enquiries with North Devon Council.

Business Operation

Reasons for selling:

Sale due to the owner’s other business commitments elsewhere.

Trading hours:

Not trading – development project