4 bedroom commercial property for sale

High Street, Bideford, Devon, EX39

Under Offer £235,000

Property Description

Full description

35 HIGH STREET is centrally located to Bideford town, being at the top of Bideford High Street close to all amenities. There is a communal entrance and stairs to first and second floor with individual doors to each apartment. The ground floor apartment also benefits from a fully enclosed garden. The property is currently run by the owners and brings in a rent roll of 19,080 per annum, showing just over an 8% return. The property comprises four apartments all being let on a six month assured shorthold tenancy.

The town of Bideford offers a full range of shops, amenities and facilities as well as further recreational facilities within the villages of Westward Ho! with its championship golf course and long sandy beach. Other places of interest in the locality include yachting and sailing within the river estuary at Instow and the nearby Tarka Trail well known for its cycling and walking as well as numerous other places of interest. Barnstaple the regions main town is situated approximately 7 miles distance which in turn gives access to the M5 motorway at Junction 27 (Tiverton).

THE ACCOMMODATION & RENT ROLL AS FOLLOWS
APARTMENT ONE
Let at 500.00 pcm, equating to 6,000 pa. This apartment also has a fully enclosed garden for its own use.
APARTMENT TWO
Let at 260,00 pcm, equating to 3,120 pa.
APARTMENT THREE
Let at 450.00 pcm, equating to 5,400 pa.
APARTMENT FOUR
Let at 380.00 pcm equating to 4,560 pa.
As a whole the property brings in an income of 19,080, which shows a yield of just over 8%.

APARTMENT ONE: ENTRANCE HALL with UNDERSTAIRS SHOWER ROOM with shower, low level wc and wash hand basin. Also leading from the hallway through into the:-
LOUNGE 15'10 x 13'10 (4.82m x 4.21m)
BEDROOM ONE 13'10 x 8'11 (4.21m x 2.72m)
BEDROOM TWO 12'2 x 7' (3.71m x 2.13m) which has access into the GARDEN/COURTYARD AREA leading through into the
KITCHEN 11'4 X 9'6 (3.45m X 2.90m)
SECOND LOUNGE 11'11 x 11'8 (3.63m x 3.56m) which also has access to the GARDEN/COURTYARD AREA.

Leading on up the hallway to:-
APARTMENT TWO: ENTRANCE DOOR leading into
SINGLE BEDROOM 8'8 x 7'4 (2.64m x 2.23m) which also leads through into SHOWER ROOM 3'6 x 2'1 (1.07m x 0.63m) comprising shower and a low level wc and wash hand basin.
KITCHEN/LOUNGE 13'1 x 11'2 (3.99m x 3.41m)

APARTMENT THREE
KITCHEN/LOUNGE AREA 14'4 x 11'6 (4.37m x 3.51)
BEDROOM ONE 12'5 x 10'8 (3.79m x 3.25m)
BATHROOM 10'2 x 4'5 (3.10m x 1.35m) comprising bath, low level wc and wash hand basin.
BEDROOM TWO 9'6 x 8'11 (2.90m x 2.72m)

APARTMENT FOUR
BATHROOM 6'1 X 5'1 (1.85m x 1.55m) three piece suite comprising corner bath, low level wc, wash hand basin.
KITCHEN/DINING ROOM 14' x 10'5 (4.27m x 3.18m)
LOUNGE AREA 15'6 x 10'6 into the bay window (4.72m x 3.20m)
BEDROOM 10'5 x 9'5 (3.18m x 2.87m)

SERVICES
All Mains Services are connected.

COUNCIL TAX
All Apartments are Band A 1,24.08 2016/2017

EPC RATING To be confirmed

DIRECTIONS
From Bideford Quay proceed up the main High Street, at the top of the High Street No. 35 will be seen as the last property on your left hand side before reaching the church.








Nearest station

  • Barnstaple (7.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Cowlings Estate Agents, Bideford, North Devon

Prospect Place, 23 The Quay, Bideford, North Devon, EX39 2EZ

01237 720004 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

  • Barnstaple (7.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Cowlings Estate Agents, Bideford, North Devon

Prospect Place, 23 The Quay, Bideford, North Devon, EX39 2EZ

01237 720004 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.

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