3 bedroom commercial property for sale

SOUTH MOLTON, Devon

Sold STC £170,000

Property Description

Full description

Tenure: Freehold

Retail Shop Unit with Three Bedroomed Flat Above
Separate Entrance to Flat
Good High Street Position with High Foot Fall
Large Retail Floor Area with Further Storage Rooms
Cellar and Large Rear Courtyard
Potential for Further Extension STPP
Large Three Bedroomed Flat with Kitchen / Diner
Large Reception Lounge with Bay Window to Front Aspect
Good Rental Income Potential
EPC Rating F

Property ref: 121_1029_4011044

Retail Shop 
6.71m x 4.65m (22' x 15' 3")
Large Floor Area with Front to Ceiling, Bay Window Frontage. Changing Room with access to rear rooms.

Further Retail Area 
4.55m x 3.38m (14' 11" x 11' 1")
Further Shop Area. Window to Rear Aspect, Changing Booths with Stairs down to

Storage Room 
5.44m x 3.25m (17' 10" x 10' 8")
A large Storage Area with separate walk in cupboard. Leads to

Utility Room 
3.15m x 2.49m (10' 4" x 8' 2")
With Kitchen Units and Sink. Rear Door leading to

Enclosed Courtyard 
Large Enclosed Space with plenty of potential for Extension STPP. Small Outside Toilet can also be found to the Rear of the Courtyard. The cellar is accessed via steps providing more storage still.

Flat Entrance 
Accessed via New Road the Flat has a separate entrance with wide corridor providing ground floor storage. Storage cupboard and stairs to first floor.

Bedroom One 
3.28m x 3.05m (10' 9" x 10')
Double Bedroom with Window to Side Aspect

Bedroom Two 
2.82m x 2.64m (9' 3" x 8' 8")
Double Bedroom with Storage Cupboard

Bedroom Three 
2.99m x 3.64m (9' 10" x 11' 11")
Currently an open space this room could be easily closed off by adding a partition wall or curtain. Currently would suit an office or a further reception room space.

Landing 
3.17m x 3.04m (10' 5" x 10')
A large open area with access to all further rooms.

WC 
WC and Wash Hand Basin.

Reception Lounge 
4.52m x 3.53m (14' 10" x 11' 7")
Large Room with Large Bay Window to Front Aspect giving plenty of light to the room. Feature fireplace with High ceilings.

Bathroom 
1.96m x 1.62m (6' 5" x 5' 4")
Tiled Room with Bathroom Suite and Shower Over.

Kitchen / Breakfast Room 
4.88m x 3.56m (16' x 11' 8")
Kitchen Units with Space for White Goods. Large Window to Rear with space for Dining/Breakfast Table and Seating Area. Cupboard housing hot water tank.

Property Facts 
Vendor Position - No Chain
Approx. Total Floor Area - 1968 SqFt

Income Figures
Three Bedroom Flat - Currently Advertised for Let. Has been achieving £495.00 PCB previously.
Retail Shop - Currently let out on a month by month basis to a charity shop. Projection of Potential Rental Income £5500.00 PA.
Potential Return £11440.00 PA @ Purchase Price of £175,000 = 6.53% Return

More information from this agent

Nearest station

  • King's Nympton (6.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

John Smale & Co, Barnstaple

5 Cross Street, Barnstaple, EX31 1BA

01271 604000 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

John Smale & Co, Barnstaple

5 Cross Street, Barnstaple, EX31 1BA

01271 604000 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • King's Nympton (6.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

John Smale & Co, Barnstaple

5 Cross Street, Barnstaple, EX31 1BA

01271 604000 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 4011044. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by John Smale & Co, Barnstaple. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.