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Investment Highlights

  • Prime location near Ilfracombe harbour, beaches, and tourist hotspots
  • Ideal owner-operator or lifestyle investment
  • Unique top-floor apartment with mezzanine and exposed beams

Executive Summary

Prime mixed-use freehold investment and lifestyle opportunity located in the heart of Ilfracombe, just moments from the harbour and main tourist areas.
The property comprises a highly rated, fully licensed 16-cover restaurant on the ground floor, currently operating as a successful business with strong reputation and scope to increase trading hours and turnover.
The upper floors provide two boutique en-suite letting rooms, ideal for B&B or short-term accommodation, alongside a stunning top-floor open-plan apartment featuring exposed beams and a mezzanine bedroom.
The building has been extensively modernised throughout and is offered as a going concern, making it ideal for owner-operators or investors seeking a hospitality-led asset with multiple income streams.
Positioned in a high footfall tourist location with close proximity to beaches, harbour, and parking facilities, the property benefits from consistent seasonal demand and strong year-round appeal.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Property Size
475 sq ft
Costar Property Class
B
Year Built
1990
Price
£375,000
Price per sq ft
£789.47
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Plot ratio
1.09
Total Plot Size
0.01 ac

Amenities

  • Restaurant
  • Storage Space
  • Smoke Detector

Nearby Major Retailers

Lidl
Morrisons
Co-op
Spar
  • Listing ID: 39870195

  • Date on Market: 23/03/2026

  • Last Updated:

  • Address: 20 St. James Pl, Ilfracombe EX34 9BJ

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