This rare opportunity presents a freehold development site in a prime location, just 100 meters from Ilfracombe's High Street and opposite the famous Tunnel Beaches. The site has already been partially developed, with a house already built, and planning permission in place for eight apartments. The property has a lift and parking for one space per apartment, and there is potential to add an extra floor to increase the number of apartments to ten, subject to planning permission. The site has been operating as a Bed and Breakfast, utilizing 12 of the 20 rooms, and has all mains services connected. The property is situated in a vibrant town with a range of amenities, including shops, schools, a health centre, and a picturesque seafront and harbour. With no Section 106 payments required, the development can start immediately, subject to notifying building control.