Lynton, EX35 6HW

An excellent opportunity to acquire a truly versatile property set in the heart of Lynton, combining commercial and residential accommodation with far-reaching countryside and town views.

At street level, the property benefits from a prominent shop frontage with its own independent entrance, offering excellent scope for a variety of commercial uses. This visible position ensures strong passing trade and makes it an attractive prospect for those wishing to establish or expand a business in the town.

The main residential accommodation is arranged as a spacious three-bedroom maisonette spanning the first and second floors. A welcoming entrance hall provides useful storage and leads to the main living areas. The first floor features a well-presented kitchen with a range of units, character beams and exposed floorboards, opening through to a bright lounge where a large bay window frames impressive views across Lynton and the surrounding countryside. A utility room, separate WC and family bathroom are also found on this level. Upstairs, three well-proportioned bedrooms provide comfortable family living, two with front-facing sash windows and the principal bedroom positioned to the rear with far-reaching outlooks.

At lower ground floor level, with its own private entrance, lies a self-contained two-bedroom apartment. This well-appointed accommodation offers an open-plan lounge and kitchen with island unit and integrated appliances, two bedrooms and a modern bathroom. An enclosed courtyard garden enhances the appeal, making it equally suitable for long-term letting, multi-generational living or use as a holiday home.

Altogether, this property presents a rare blend of lifestyle and investment potential. With income prospects from both the shop and the apartment, alongside spacious family accommodation above, it provides excellent flexibility. Whether as a permanent home with business premises, a mixed-use investment portfolio, or a combination of private living and income generation, this property offers exceptional opportunity in one of North Devon’s most sought-after coastal towns.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.

An excellent opportunity to acquire a versatile property set in the heart of Lynton, offering a combination of commercial and residential accommodation with far-reaching countryside and town views.

At street level the property benefits from a shop frontage with its own independent entrance, providing scope for a variety of commercial uses in this prominent position.

The main residential accommodation is arranged as a spacious three-bedroom maisonette set over the first and second floors. A welcoming entrance hall provides useful storage and stairs rising to the main living space. The first floor features a well-presented kitchen with a range of units, exposed floorboards and character beams, flowing seamlessly into a bright lounge. A large bay window frames impressive views across Lynton and beyond. A utility room, separate WC and a family bathroom complete this level. On the second floor, three bedrooms are found, two enjoying sash windows to the front and the principal bedroom positioned to the rear with countryside outlooks. A useful airing cupboard with immersion heater is also provided.

At lower ground level, with its own entrance, is a self-contained two-bedroom apartment. The accommodation includes an open-plan lounge and kitchen with island unit, fitted appliances and space for white goods. Two bedrooms, a bathroom with modern suite and an enclosed courtyard garden add to the appeal. This area is ideally suited for letting, multi-generational living, or as a holiday home.

Altogether the property offers a rare combination of investment potential and lifestyle opportunity. With income prospects from both the shop and apartment, coupled with the spacious maisonette above, this is a property that could serve as both a home and a business base, or provide a valuable rental portfolio addition in one of North Devon’s most sought-after coastal towns.

Agents Notes

This property comprises both commercial and residential elements and is offered as a single lot. The commercial element is recorded as a Shop or Showroom. Title numbers DN285262 (freehold) and DN299882 (leasehold) are noted, however we understand the occupational lease has now expired and the unit is vacant. The shop is located in a prominent town-centre position within the Lynton Conservation Area under Devon Local Authority. Flood risk is categorised as very low. Broadband availability is shown as basic, superfast and ultrafast, with speeds up to 1800 Mbps. No planning history is recorded. Council Tax Band A is listed in the data pack, though as a commercial unit business rates and the rateable value will apply instead. The residential element (UPRN 100040268755) is recorded as a flat/maisonette with a floor area of approximately 871 sq ft (81 sq m). It is arranged as a maisonette over the first and second floors together with a self-contained lower ground floor flat. It falls within Council Tax Band A with an annual cost of £1,676. Flood risk is categorised as very low. Broadband availability is the same as above. The property has an EPC rating of G (12), D (64) & B (49) No planning history is recorded.