Broad Street, Ilfracombe, Devon

Development project
Rare opportunity to acquire residence close to the harbour and cove
Substantial town house
With views of the harbour from the rear
Planning to convert upper floors to 3 bedroom spacious residential home
All stripped back and ready to commence work
Ideal builder/DIY project
With future income potential

LOCATION
In a busy tourist trading position, the subject premises are located at the junction of Fore Street and Broad Street. The property is close to the Ropery Road and Cove public car parks and is within the vicinity of public houses, restaurants and within only a few yards walking distance of the harbour and Ilfracombe Pier. The resort is North Devon's largest tourist centre, offering a host of facilities including beaches, parklands, attractive coastal walks and on the outskirts of town is a popular golf course. The world renowned artist Damien Hirst has given on loan to the town a statue called 'Verity' which is located on the pier and has attracted many more day visitors to the area.

THE PROPERTY
This very attractive town house now has residential planning for converting the front part into accommodation. Plans are available for inspection at Webbers Commercial. The rear section has been sold off privately for commercial restaurant/cafe usage. The accommodation has been stripped back to stonework and timber uprights and beams in readiness for conversion, all now open plan and ideal to commence fitting out. Now only available due to other business commitments elsewhere the owner has now decided to sell this desirable piece of real estate close to the busy harbour. It is ideal as a builders/DIY project for private use as a private residence or potential holiday home with income generating potential. This property offers the potential for six bedrooms, with six rooms above ground floor level that can be converted into bedrooms. Additionally, there are two rooms on the ground floor with residential planning permission, and approval to build an extension for an additional bedroom. This makes it a potential six bedroom house with the option to extend further.

PLANNING
For planning history quote reference 76829 on the North Devon District Council Planning Portal. Planning was approved on the 17th of May 2023 for the conversion of the existing two flats to a single three bedroom apartment at first, second and third floor and part change of use of ground floor to allow for Use Class E. Commercial use on the ground floor, suitable for a variety of trades, subject to any necessary planning consent. See also 79009 Conversion of existing two flats to single three bedroom apartment at first, second and third floor; with change of use of ground floor to residential as previously approved and extension to create first floor incidental to the approved single three bedroom apartment.

SERVICES
Mains electricity, water and drainage. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting https://checker.ofcom.org.uk

VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.

VIEWING
Strictly by appointment through the selling agents.

RATEABLE VALUE   
To be re-assessed.

COUNCIL TAX BAND               
TBA

LEGAL ADVICE
We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.

PLANNING
It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyer's responsibility.

From our Webbers Ilfracombe office by foot proceed left into the High Street, right along and at the second main traffic lights turn left. Proceed all the way down Fore Street and between the Lifeboat station is a covered pedestrian walkway. The subject premises is on your left and fronts onto Broad Street.