High Street, Ilfracombe, Devon, EX34 3 bed terraced house for sale

>

High Street, Ilfracombe, Devon, EX34 3 bed terraced house for sale

High Street, Ilfracombe, Devon, EX34
£125,000

Our Summary

  • Offered with full vacant possession, this mixed-use property presents a unique and exciting development opportunity in its current form
  • Both the commercial and residential elements have previously been let separately, but are now vacant and require comprehensive refurbishment
  • The property is currently in a poor state of repair; however, planning permission has been granted under application number 79555 for a thoughtfully designed redevelopment scheme
  • This is a fantastic opportunity for investors, developers, or owner-occupiers to add significant value through refurbishment and conversion, with planning already in place
  • Early viewing is highly recommended to appreciate the full potential of this project
  • Council Tax: A (Rateable value £8,500) Likely to change if planning permission work is carried out
  • Currently in need of comprehensive refurbishment – ideal blank canvas for investors or developers
  • Planning permission granted (Application No
  • Significant development potential with opportunity to add value through refurbishment and conversion

Description

This mixed-use property is being offered with full vacant possession, presenting a unique development opportunity. The existing building has a ground floor retail unit with a mezzanine level and storeroom, as well as a three-bedroom maisonette above. Although the property is in a poor state of repair, planning permission has been granted for a redevelopment scheme, which allows for a lock-up shop, one-bedroom flat, and a two/three-bedroom maisonette. The property requires comprehensive refurbishment and conversion, offering a chance for investors, developers, or owner-occupiers to add significant value. With planning already in place, early viewing is highly recommended to appreciate the full potential of this project.