Other
Church Street
Ilfracombe, Devon, EX34
Property details
About this property
DESCRIPTION:
A very rare opportunity to purchase a mixed use freehold property in a desirable part of Devon. Future opportunities for various development, subject to all necessary consents. There is an opportunity for the incoming purchaser to seek change of use for the commercial element to residential. Prospective purchasers must rely solely on their own enquiries.
ACCOMMODATION:
The property is arranged over four floors. Circa 4,590 square feet The ground floor and lower ground floor formerly used as a restaurant of A3 use. The residential accommodation over the first, second and third floors levels are extensive with private access from Wilder Road, sold with a separate garage and land shown in page 9 of the buyer information pack access from Horne Road. Sold with vacant possession.
LOCATION:
Ilfracombe is a seaside resort and civil parish on the North Devon coast, England, with a small harbour surrounded by cliffs. The parish stretches along the coast from the 'Coastguard Cottages' in Hele Bay toward the east and 4 miles (6 km) along the Torrs to Lee Bay toward the west. The resort is hilly and the highest point within the parish boundary is 'Hore Down Gate', 2 miles (3 km) inland and 860 feet (270 m) above sea level
VIEWING:
By appointment only.
TENURE:
Freehold.
Auction information
Fees & charges explained
This property is being sold via Connect RealTime®, meaning the buyer and seller are expected to complete within 90 days from the date the offer is accepted and contracts are issued (the “Reservation Period”). By registering interest, your details may be shared with the agent, Connect UK Sales Ltd, to progress the transaction. Buyers should carry out all necessary due diligence prior to submitting an offer, including reviewing the Buyer Information Pack and, if applicable, confirming mortgage suitability with their lender.
Once an offer has been accepted, the buyer is required to sign a Reservation Agreement and pay a non-refundable Reservation Fee of 2%+VAT of the purchase price, subject to a minimum of £8,000+VAT (Unless otherwise stated in the Buyer Information Pack). This fee is payable in addition to the purchase price. The reservation fee must be paid by cleared funds within 5 hours of the conclusion of bidding or acceptance of an offer. Connect UK Sales Ltd will issue the Reservation Agreement and confirm the agreed Reservation Period once the fee has been recieved. All parties are expected to use reasonable endeavours to proceed to exchange and complete within the specified period.
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