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Guest House, Owners Accommodation & 2 Holiday Apartments For Sale

Ilfracombe, Devon, UK
Asking Price:
£695,000 Furniture / Fixtures included
Turnover:
Undisclosed
Net Profit:
Undisclosed

This substantial semi-detached Victorian residence has been a guest house for many years and now offers ten letting bedrooms, mostly en-suite, one private room with en-suite facility, a private lounge, private further bedroom and private shower room/wc for owner's use, large private lounge and at garden level, a spacious dining room and residents' bar lounge area.

The property includes a kitchen and preparation room, 18 solar panels on the roof, and re-decoration of the communal hallways and landings.

Since owning the building in 2016 some bathrooms have been upgraded, letting bedrooms have been re-decorated, outside lighting has been fitted, at the first floor half landing uPVC conservatory windows have been installed, a wireless safety fire alarm system has been fitted, plus automatic lights to communal area.

The garden and patio to the rear just outside the building has been re-laid with lawn and has a small patio area with attractive outside seating.

Within the mature gardens there is ample parking space and several car ports.

In addition, at the far end of the garden there are two semi-detached timber framed centrally heated holiday chalets overlooking a "secret walled garden" which produces a substantial letting income throughout the year.

Beyond the holiday chalets is a level lawned garden with fish pond. There are substantial basement storage rooms and workshops below the chalets for owner's use.

The garden is approached from a tree lined pathway giving access to the bottom of Church Hill and there is also pedestrian and vehicular access from Belmont Road to the main car park.
The property benefits from gas fired central heating as do the holiday chalets.

Our clients have been in residence since 2016 and have maintained the property and decorated the rooms to a good standard. We strongly recommend an internal viewing to appreciate the spacious accommodation throughout.

BUSINESS RATES
£11,000 UBR. As of April 2026, the Uniform Business Rate (UBR) multipliers are 43.2p in the pound for properties with a Rateable Value below £51,000 and 48.0p for properties at £51,000 or above.
The Rateable Value has been obtained from the Valuation Office Agency at the time these details were prepared. Prospective occupiers should verify the current Rateable Value and multiplier with the Valuation Office Agency or via the GOV.UK website.

Property Information

Property:

Freehold

Living Accommodation:

Generous owner’s accommodation including private lounge, private bedroom, and private shower room/WC, plus additional private facilities integrated within the main building.

Premises Details:

Substantial semi-detached Victorian guest house arranged over multiple floors, with extensive guest accommodation, owner’s facilities, dining areas, bar lounge, gardens, parking, and two separate holiday chalets.

Planning Consent:

Existing use as guest house and holiday accommodation. Buyers should make their own enquiries with the local planning authority.

Energy Performance Rating:
C

Business Operation

Expansion Potential:

Opportunities to further enhance income through tariff optimisation, increased promotion of the holiday chalets, and development of food and beverage offerings, subject to owner preference.

Competition / Market:

The business benefits from a strong position within Ilfracombe’s established tourism market, supported by year-round trade and multiple income streams.