Fore Street, Ilfracombe
£395,000

An exceptional opportunity to acquire a substantial end-of-terrace freehold property arranged over four floors, combining a profitable, long-established commercial restaurant with spacious residential accommodation above.

The ground floor comprises a fully operational restaurant currently configured for 16 covers, with clear potential to expand capacity. The unit benefits from a fully equipped commercial kitchen, customer W.C., and all fixtures, fittings, and catering equipment included in the sale—offering a turnkey business opportunity. The current owners are retiring after 22 successful years of continuous trade, presenting an attractive proposition for either owner-occupiers or investors seeking a ready-to-run hospitality venture.

Above, the upper floors offer a generously proportioned four-bedroom residence, ideal for owner occupation or staff accommodation. The living space includes four large double bedrooms, a bright and airy open-plan kitchen/lounge/diner, a full four-piece family bathroom, additional three-piece shower room, a utility room, dedicated office space, and a private south-facing terrace.

Located in a high-footfall area close to Ilfracombe’s popular seafront, harbour, and town centre, this property is ideally positioned to capitalise on year-round tourist trade. Ilfracombe continues to benefit from regeneration, including the addition of a new water sports centre, while being home to the iconic ‘Verity’ statue by Damien Hirst—attracting significant visitor numbers.

With the added appeal of North Devon’s status as a designated World Surfing Reserve, this mixed-use freehold represents a rare chance to secure both a strong lifestyle proposition and a proven commercial income stream in one.

Seventy One- Restaurant
Situated on the ground floor of the property, this wonderfully presented and successfully run restaurant currently caters for 16 guests, with the potential to increase capacity if desired. Decorated to a modern standard throughout, the restaurant benefits from dual-aspect windows that flood the space with natural light, solid oak flooring, two wall-mounted gas radiator,, a bar area and space for a fridge. The layout flows seamlessly into the well-planned commercial kitchen.

The kitchen offers ample room for commercial appliances, with plenty of space for additional storage units, two stainless steel sinks, UPVC double-glazed windows for enhanced airflow and natural light, and vinyl flooring for durability and easy maintenance.

Conveniently located nearby, a customer WC includes a toilet, sink basin, wall-mounted gas radiator, obscure single glazed window for privacy, tiled flooring, and an extra storage cupboard. In addition, the property benefits from a cellar, providing excellent additional storage space—ideal for stock and supplies. This ready-to-go restaurant offers a turnkey opportunity for continued success in a stylish, well-equipped setting.

Open Plan Living Area (8.10m x 1.70m (26'7" x 5'7"))
Located on the first floor, this wonderfully presented open-plan living space combines style and comfort in a bright, welcoming layout. The lounge/dining area offers ample space for free-standing furniture and is beautifully illuminated by both a double glazed sash window and a double glazed sash bay window, which adds character and additional space. A gas feature fireplace, two wall-mounted gas radiators, and wood laminate flooring throughout enhance the warm and inviting atmosphere.

The room flows effortlessly into a modern fitted kitchen, featuring matching wall and floor units, a stainless steel sink, integrated four-ring gas hob with electric extractor fan, electric fan oven, integrated microwave, integrated dishwasher, and integrated fridge freezer. A solid wood double-glazed window provides additional natural light, and the wood laminate flooring continues for a seamless finish.

Bedroom One (3.91m x 3.48m (12'9" x 11'5"))
Bedroom One is a large double bedroom offering ample space for free-standing furniture, further enhanced by a built-in wardrobe for convenient storage. A generous UPVC double-glazed bay window provides abundant natural light, adds a touch of elegance, and frames delightful views of Capstone Hill. Additional features include a sink basin, wall-mounted gas radiator, and carpeting throughout, creating a warm and comfortable retreat.

Bedroom Two (4.09m x 3.15m (13'5" x 10'4"))
Currently used as an office/study, Bedroom Two is another spacious double bedroom offering flexibility for various uses. It provides ample space for free-standing bedroom furniture and features a charming sash bay window that brings in plenty of natural light. Finished with a wall-mounted gas radiator and wood laminate flooring throughout, this room is both functional and stylish—ideal as a guest room, home office, or additional bedroom.

Bedroom Three (4.11m x 3.15m (13'5" x 10'4" ))
Situated on the top floor, this spacious double bedroom offers ample space for free-standing furniture and enjoys a light-filled setting thanks to two feature sash windows. The room is finished with a wall-mounted gas radiator and wood laminate flooring throughout, making it a comfortable and versatile space—ideal as a primary bedroom, guest suite, or creative retreat.

Bedroom Four
Also located on the top floor, this well-proportioned double bedroom offers plenty of space for free-standing furniture. A feature sash window allows for natural light and adds character to the room, which is complete with a wall-mounted gas radiator and wood laminate flooring throughout. A versatile and comfortable space, perfect for family, guests, or a home workspace.

Office (3.91m x 1.93m (12'9" x 6'3"))
This fantastic additional space, situated on the top floor, is currently used as a home office and offers excellent flexibility to suit a variety of needs. With plenty of room for free-standing furniture, it features two large sash windows that not only flood the room with natural light but also offer picturesque views of Capstone Hill. Complete with a wall-mounted gas radiator and wood laminate flooring throughout, this room is ideal as an office, creative studio, or additional guest room.

Bathroom (3.38m x 1.73m (11'1" x 5'8"))
This fantastic family bathroom has been finished to a high modern standard, offering both style and functionality. The four-piece suite includes a shower, bath, toilet, and a sink basin with a built-in storage cupboard below for added convenience. Additional features include a UPVC double-glazed obscure window for natural light and privacy, a wall-mounted gas radiator, heated towel rail, electric extractor fan, and tile flooring throughout, creating a sleek and easy-to-maintain space ideal for family living.

Bathroom (1.93m x 1.60m (6'3" x 5'2" ))
The top floor also features a contemporary three-piece wet room, thoughtfully designed for both style and practicality. The suite includes a toilet, sink basin, and open shower area, complemented by a wall-mounted heated towel rail for added comfort. A wood double-glazed Velux window brings in natural light while maintaining privacy, and tiled flooring throughout ensures durability and easy maintenance—perfectly suited for modern living.

Utility Room (3.12m x 2.46m (10'2" x 8'0"))
This large utility room is designed for convenience, featuring matching wall and floor units for ample storage, a stainless steel sink, and space and plumbing for a washing machine along with space for a tumble dryer. A UPVC double-glazed window provides natural light, while a wall-mounted gas radiator ensures comfort. The room is finished with vinyl flooring throughout, offering durability and easy maintenance—perfect for a busy household.

Outside Space
Although this property is end-of-terrace, it boasts a unique and beautifully presented outdoor space. The highlight is a composite sun terrace, offering a low-maintenance and stylish area ideal for enjoying the outdoors. With ample space for free-standing outdoor furniture, it’s perfect for al fresco dining, relaxing in the sun, or entertaining guests. The terrace also benefits from picturesque views of Capstone Hill, making it a truly special spot to unwind.

Agent Notes
We have been informed by the vendor that gas, electric, water and drainage are all mains connected.

To comply with the property mis-descriptions act we must inform all prospective purchasers that the measurements are taken by an electronic tape measure and are provided as a guide only. We have not tested any mains services, gas or electric appliances or fixtures and fittings mentioned in these details, therefore, prospective purchasers should satisfy themselves before committing to purchase.

Directions
From our office, proceed north-east on the high street towards oxford and turn left onto Fore street, follow this road for 0.2 miles where the property will on your left hand side with the restaurant named Seventy One. We recommend to park at Ropery Car Park where the property is only a short walk away.