Summary - 25-26, ST JAMES PLACE EX34 9BJ
4 bed 1 bath Apartment
Established fish & chip business with renovated 4‑bed apartment above in busy Ilfracombe spot.
Seafront, tourist‑position between harbour and seafront
A rare mixed‑use, freehold opportunity in Ilfracombe’s tourist strip: a long‑established fish and chip takeaway plus a 34‑cover licensed restaurant with a newly renovated four‑bedroom apartment above. The upper floors have been tastefully modernised into a spacious family residence with a large through lounge and a second‑floor bedroom that could take an en‑suite. The commercial units are pavement‑fronting and benefit from steady local and seasonal visitor trade.
This is being sold as a genuine retirement sale and the business can be offered fully furnished as a going concern; the apartment will be vacant on completion. Practical perks include mains services, potential small business rate relief (rateable value circa £8,700), and nearby public parkland and permit parking at Cheyne Beach car park. The property is freehold and located between the harbour and seafront, close to shops, cafes and attractions that boost summer footfall.
Buyers must note material negatives: the building lies in a high flood‑risk zone and the wider area is classified as very deprived with above‑average crime statistics. The property is in a conservation area, which can restrict external alterations and planning changes. Prospective purchasers should verify VAT position, current accounts for the business, and planning consent for intended uses.
This suits a purchaser seeking an owner‑operated seaside enterprise with residential accommodation above — particularly a retiring owner/operator, investor, or buyer open to running a hospitality business. Independent legal and planning advice is strongly recommended before offer.
Restaurant for sale in St. James Place, Ilfracombe, Devon, EX34 — £399,950 • 1 bed • 1 bath • 1802 ft²
3 bedroom terraced house for sale in St. James Place, Ilfracombe, Devon, EX34 — £250,000 • 3 bed • 1 bath • 1140 ft²
Restaurant for sale in Fore Street, Ilfracombe, EX34 — £395,000 • 4 bed • 3 bath • 1793 ft²
Commercial property for sale in Ilfracombe, Devon, EX34 — £200,000 • 1 bed • 1 bath • 831 ft²
4 bedroom end of terrace house for sale in Fore Street, Ilfracombe, EX34 — £395,000 • 4 bed • 3 bath • 631 ft²
4 bedroom terraced house for sale in The Quay, Ilfracombe, Devon, EX34 — £325,000 • 4 bed • 2 bath
