Lynton, EX35 6HW

A unique opportunity to acquire one of North Devon's most established mixed use properties, offering over 125 years of continuous trading together with exceptional lifestyle and investment potential.

Occupying a prominent position in the heart of Lynton, this substantial Victorian freehold comprises an impressive art gallery arranged over three floors, together with two self contained apartments and further development potential, subject to the necessary consents.

The gallery extends to approximately 1,615 sq ft and enjoys around 40 ft of prominent double fronted display frontage onto one of the village's busiest thoroughfares, providing outstanding visibility and passing trade. Internally, the flexible accommodation comprises a series of interconnecting gallery spaces, reception area, framing workshop, stores, kitchenette and bathroom, making it suitable for a wide range of commercial uses.

The lower ground floor offers exciting scope to create a further self contained apartment, subject to the necessary consents, presenting an opportunity to enhance the property's already impressive income potential.

Above the gallery are two well presented self contained apartments, each with independent access via a generous south facing terrace overlooking the village. Burlington offers a spacious sitting room, kitchen and dining room, double bedroom, bathroom, cloakroom and a further versatile room with potential as a study or occasional bedroom. The Loft comprises a sitting room, kitchen and dining room, two bedrooms, bathroom and an additional flexible room ideal as a home office, hobby room or occasional bedroom.

The apartments are ideally suited to the thriving holiday letting market, providing an excellent opportunity to generate substantial additional income alongside the commercial premises. Alternatively, they could provide owner's accommodation whilst continuing to produce rental income, creating multiple revenue streams from a single freehold investment.

The sale includes the freehold property together with furniture within the apartments. The established gallery business, including artwork, stock, website, eBay shop, limited company, fixtures, fittings and extensive goodwill, is available by separate negotiation, offering purchasers the opportunity to acquire a genuine turnkey business or simply invest in a landmark mixed use property with exceptional flexibility and income potential.

To the rear of the property is a generous south facing terrace, elevated above the public car park and accessed via a short flight of steps. Enjoying pleasant views across the lower village, this attractive outdoor space provides an ideal seating area for the apartments and benefits from independent access to the residential accommodation.

Agents Notes

Material Information: Freehold mixed use property comprising a ground floor commercial gallery with residential accommodation above. Constructed of stone and brick under a clay tiled roof. Mains electricity, water and drainage are connected. There is no mains gas and the property is heated by electric heating. The commercial gallery has a current Rateable Value of £4,400 (effective 1 April 2026). The vendor advises the current business rates liability is approximately £2,600 per annum following Small Business Rate Relief. The holiday letting flats are separately assessed and currently benefit from 100% Small Business Rate Relief, according to the vendor. No council tax is currently payable whilst the property remains assessed for business rates. The property is situated within the Lynton Conservation Area and is identified by the Environment Agency as being at very low flood risk. Ultrafast broadband is available in the area, subject to provider, and mobile coverage varies by network. Buyers should satisfy themselves regarding business rates, eligibility for relief, planning matters and the property's suitability for their intended use.