13 bedroom house for sale

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13 bedroom house for sale

St. James Place, Ilfracombe, Devon, EX34
£650,000

Our Summary

  • THE BUSINESSAvailable as a thriving youth hostel or could revert easily back to a bed & breakfast establishment or alternatively as Air B&B/possible conversion of the upper floors into three apartments, subject to planning
  • The ground floor could be used for catering, retail or even as an art gallery, again subject to any necessary planning

Description

Located in a prime tourist spot in a popular resort, this large end-terraced property is ideally positioned for taking advantage of the tourist trade, with close proximity to the pier and beaches. The property has been improved with a new boiler heating system and re-decoration since the current owners acquired it three years ago. It has operated as a youth hostel, generating an income of around £120,000 per annum, and could be converted back to a bed and breakfast or used as Air B&B, subject to planning. The ground floor could be used for catering, retail, or an art gallery, with the possibility of converting the upper floors into three apartments. The property is being sold as a thriving business and every assistance will be provided for a smooth takeover.
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