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11 bedroom house for sale
Larkstone Terrace, Ilfracombe, Devon, EX34
£625,000
Larkstone Terrace, Ilfracombe, Devon, EX34
£625,000
Our Summary
- This is a highly desirable business with sound profits and scope to increase further
- The business is for sale fully furnished and equipped excluding personal items as a guest house but could equally be converted to flats (subject to planning permission) or used for multiple family occupation
Description
This six-story Victorian townhouse, built in 1869, is a well-established guest house situated in an elevated position overlooking the harbour, pier, and Hillsborough Nature Reserve in Ilfracombe, Devon. The property has been successfully run as a small hotel/guest house for 21 years, with the current owners having refurbished it to a high standard throughout. The guest house has six bedrooms, each with stunning sea views, and a private suite for the owners. The property is fully furnished and equipped, excluding personal items, and is being sold as a genuine retirement sale. The business generates a turnover of around £85,000 per annum and has excellent reviews on TripAdvisor. The property also has the potential to be converted into flats or used for multiple family occupation, subject to planning permission.