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Prime Guest House - Close To The Harbour For Sale

Ilfracombe, Devon, UK
Asking Price:
£450,000
Turnover:
£50K - £100K
Net Profit:
Available on request

This large Victorian property is believed to have been built in around 1895 and offers spacious accommodation over four floors.
There are 9 letting bedrooms plus owners self-contained second floor accommodation.
The property now trades as a guest house but for many years also incorporated as a thriving restaurant and it is considered that this use could very easily be re-instated. Indeed the ground floor offers around 1,000 sq ft of space and could be used as a licenced restaurant again as there is a large prep room and commercial kitchen beyond.
Alternatively the ground floor could revert to commercial use and would make a nice Art Gallery space for example.
Genuine retirement sale after 19 happy years, this business operates as a bed & breakfast establishment trading pre-Covid at around £70,000 per annum turnover.

Property Information

Property:

Freehold

Living Accommodation:

With 3 bed owners accommodation and 9 letting bedrooms.

Location:

In a prime tourist trading location close to Ilfracombe's picturesque harbour, Cheyne Beach and the seafront is this business which is ideally placed for passing trade. The property is located at the junction of Broad Street and The Quay, within level walking distance of car parks and the seafront.

Energy Performance Rating:
D

Contact Information

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