Initial price	£449,950
13/03/24	£400,000
14/03/24	£399,995
Price Change	-11.10%

Located in the picturesque town of Ilfracombe, this property is ideally situated for passing trade, with nearby car parks and an art gallery adjoining the property. The property has undergone significant modernization and now consists of two spacious boutique en-suite bed & breakfast rooms on the first floor, a self-contained 16-seater licensed restaurant on the ground floor, and a high-ceilinged open plan living space with timber-framed mezzanine bedroom on the top floor. The property has a strong reputation for serving superb modern British food and has established itself as a sophisticated dining destination. With a current turnover just below the VAT level of £85,000, there is vast scope to increase revenue through the upper floors, which could be used as a B&B/holiday let or private accommodation.