Studio for sale

Broad Street, Ilfracombe, Devon EX34

Location
In a busy tourist trading position, the subject premises are located at the junction of Fore Street and Broad Street. The property is close to the Ropery Road and Cove public car parks and is within the vicinity of public houses, restaurants and within only a few yards walking distance of the harbour and Ilfracombe Pier. The resort is North Devon’s largest tourist centre, offering a host of facilities including beaches, parklands, attractive coastal walks and on the outskirts of town is a popular golf course. The world renowned artist Damien Hirst has given on loan to the town a statue called ‘Verity’ which is located on the pier and has attracted many more day visitors to the area.
The property

This very attractive town house benefits from planning permissions for residential conversion and redevelopment. Plans are available for inspection at Webbers Commercial. The rear section has been sold off separately for commercial restaurant/café use.
The accommodation has been stripped back to the stonework and timber uprights and beams in readiness for conversion and now provides largely open-plan accommodation, offering an ideal opportunity for a builder, developer or diy enthusiast to complete the project to their own specification.
Now only available due to the owner's business commitments elsewhere, this desirable property occupies a sought-after position close to Ilfracombe Harbour and offers potential as a substantial private residence, holiday home or investment opportunity, subject to any necessary consents.
Planning permissions have previously been granted for the conversion of the upper floors into a substantial dwelling, with the most recent permission also including residential use of the ground floor and an extension. Subject to the approved plans and any necessary consents, the property offers the potential to create extensive residential accommodation.
Planning

Planning permission was granted by North Devon Council under reference 76829 on 17th of May 2023 for the conversion of the existing two flats into a single three-bedroom apartment at first, second and third floor level together with part change of use of the ground floor to allow for Use Class E. A further planning permission was subsequently granted under reference 79009 on 6th of September 2024 for the conversion of the existing two flats into a single three-bedroom apartment, change of use of the ground floor to residential accommodation and a first-floor extension. Interested parties should satisfy themselves as to the status and ongoing validity of any planning permissions and make their own enquiries with North Devon Council.
Services

Mains electricity, water and drainage. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting
VAT

We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of hmrc.
Viewing

Strictly by appointment through the selling agents.
Rateable value

£8,300 As of April 2026, the Uniform Business Rate (ubr) multipliers are 43.2p in the pound for properties with a Rateable Value below £51,000 and 48.0p for properties at £51,000 or above. The Rateable Value has been obtained from the Valuation Office Agency at the time these details were prepared. Prospective occupiers should verify the current Rateable Value and multiplier with the Valuation Office Agency or via the website. Small Business Rate Relief (up to 100%) may apply for properties with a Rateable Value below £12,000, subject to eligibility and local authority assessment.
Council tax band
tba

legal advice

We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.
Planning

It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyer’s responsibility.
From our Webbers Ilfracombe office by foot proceed left into the High Street, right along and at the second main traffic lights turn left. Proceed all the way down Fore Street and between the Lifeboat station is a covered pedestrian walkway. The subject premises is on your left and fronts onto Broad Street.