Ilfracombe, Devon Mixed use for sale

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Ilfracombe, Devon Mixed use for sale

Ilfracombe, Devon
£230,000

Our Summary

  • Positioned in the heart of Ilfracombe, this fully tenanted, mixed-use property presents a fantastic investment opportunity
  • With all units occupied and producing an immediate income, this is an ideal low-maintenance addition to an investor’s portfolio, offering attractive yields and scope for future capital growth
  • Early viewing is recommended to appreciate the potential this High Street property has to offer

Description

This fully tenanted mixed-use property in the heart of Ilfracombe offers a fantastic investment opportunity. The property features a retail unit on the ground floor, currently let for £300 per month, as well as two two-bedroom flats on the first and second floors, let for £360 and £500 per month respectively. The property is in generally good condition and benefits from its central location, with strong tenant appeal. The town of Ilfracombe is known for its harbour, quayside, and promenade, and is close to several sandy beaches and the Exmoor National Park. With all units occupied and producing an immediate income, this property offers attractive yields and scope for future capital growth.