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St. James Place, Ilfracombe, Devon, EX34 13 bed house for sale
St. James Place, Ilfracombe, Devon, EX34
£549,000
St. James Place, Ilfracombe, Devon, EX34
£549,000
Our Summary
- THE BUSINESSAvailable as a thriving independent 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
This large, end-terrace property is situated in a prime tourist spot, between the seafront and harbour of a popular resort, and is ideal for taking advantage of the tourist trade. The property has been much improved by the current owners, who have installed a new boiler heating system and re-decorated throughout. It has operated as a youth hostel, generating an annual income of around £120,000, with 13 bedrooms that can accommodate up to 45 guests. The property also has a private car park for four vehicles and is located in a conservation area. The business is available as a thriving independent hostel, or could be easily converted back to a bed and breakfast establishment or into three apartments, subject to planning permission. The ground floor could also be used for catering, retail, or as an art gallery, with full details of the business operation available upon request.