£110,000
Restaurant for saleHigh Street, Ilfracombe, Devon EX34
Leasehold
About this property
Established income stream with tenant in situ until 2027
Flexible layout over two floors, ideal for café or retail
Prime High Street location
Let at £15,000 p.a.
Lease expires 2027
Strong investment income
Ideal café or retail
Future owner-occupier potential
Positioned in the heart of Ilfracombe’s High Street, this spacious commercial property offers a rare opportunity for investors seeking strong rental income and future capital growth. With a secure lease in place generating £15,000 per annum until 2027, this asset delivers immediate income with the flexibility for lease renewal or owner-occupier use thereafter.
The property spans both ground and first floors, featuring generous internal space ideal for a range of commercial ventures. Previously Costa Coffee were operating as a café, the unit is well suited for hospitality or retail use. A large front-facing double-glazed windows provide excellent visibility and natural light, enhancing the building’s appeal to tenants and customers alike. Currently let under a 10-year agreement at £15,000 per annum, expiring in 2027
Ilfracombe is an historic Victorian seaside resort and provides shopping facilities as well as other amenities such as Banks, Library, Post Office, Schools and Cinema etc. There are a number of attractions within walking distance including Damien Hirst's now famous Verity statue situated on the Harbour, the award-winning Ilfracombe Aquarium, the unique Tunnels Beaches and many more. You will find numerous events and festivals throughout the year, many based on the quayside at the historic harbour and at the prestigious Landmark Theatre on the seafront. There are many fine and award winning beaches close by, from secluded coves to the wide stretches of golden sand with crashing surf. For a unique beach experience visit 'The Tunnels' in Ilfracombe, holders of a blue flag and seaside award or Hele Bay, to the east of the town, also award winners, for good bathing and rock pool exploring. Putsborough, Woolacombe and Croyde are within easy motoring distance, whilst North Devon's regional centre of Barnstaple is approximately 20 minutes driving time.
Directions
Next door to our office on Ilfracombe High Street
The property spans both ground and first floors, featuring generous internal space ideal for a range of commercial ventures. Previously Costa Coffee were operating as a café, the unit is well suited for hospitality or retail use. A large front-facing double-glazed windows provide excellent visibility and natural light, enhancing the building’s appeal to tenants and customers alike. Currently let under a 10-year agreement at £15,000 per annum, expiring in 2027
Ilfracombe is an historic Victorian seaside resort and provides shopping facilities as well as other amenities such as Banks, Library, Post Office, Schools and Cinema etc. There are a number of attractions within walking distance including Damien Hirst's now famous Verity statue situated on the Harbour, the award-winning Ilfracombe Aquarium, the unique Tunnels Beaches and many more. You will find numerous events and festivals throughout the year, many based on the quayside at the historic harbour and at the prestigious Landmark Theatre on the seafront. There are many fine and award winning beaches close by, from secluded coves to the wide stretches of golden sand with crashing surf. For a unique beach experience visit 'The Tunnels' in Ilfracombe, holders of a blue flag and seaside award or Hele Bay, to the east of the town, also award winners, for good bathing and rock pool exploring. Putsborough, Woolacombe and Croyde are within easy motoring distance, whilst North Devon's regional centre of Barnstaple is approximately 20 minutes driving time.
Directions
Next door to our office on Ilfracombe High Street
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