Commercial Property for sale

Fore Street, Totnes

Offers in Region of £850,000

Property Description

Full description

Tenure: Freehold

LOCATION
A rare opportunity to acquire a substantial mixed commercial and residential investment property in this sought after historic town in an excellent location.

DESCRIPTION
The residential accommodation has recently been the subject of considerable updating and modernisation to ensure compliance with current safety/fire regulations.

ACCOMMODATION
The accommodation briefly comprises:

Ground floor retail shop unit 63.58m² (684 sq ft) approx.
(taken from Business Rating list)

Side self-contained entrance to residential Ground floor rear apartment - a large studio unit nearing completion First Floor
Landing with communal walk-in cupboard containing washing machine and tumble dryer.

Apartments 2, 3, 1, 4 - all bedsits (not inspected) each containing bed sitting room with kitchenette, bathroom/wc.
Apartment 5 - 1 bedroom, lounge kitchen, bathroom.

Second Floor
Apartment 6 - 2 bedrooms, lounge, kitchen, bathroom.

SERVICES
We have not carried out any tests on the services and are therefore unable to comment on their condition or adequacy.

TERMS
Tenancy Schedule
Ground floor Shop
Lease details awaited currently holding over £17,600 pa

Estimated rental on completion:
Apartment 1 Bedsit £525pcm or £6,300pa
Apartment 2 Bedsit £400pcm or £4,800pa
Apartment 3 Bedsit £400pcm or £4,800pa
Apartment 4 Bedsit £400pcm or £4,800pa
Apartment 5 1 bed flat £525pcm or £6,300pa
Apartment 6 2 bed flat £650pcm or £7,800pa
Total inc. £52,400

VAT
All figures quoted are exclusive of VAT whether chargeable or not. Interested parties are recommended to establish VAT implications before entering into any agreement.

LEGAL COSTS
Each party to be responsible for their own legal costs incurred.

VIEWING
Viewing by appointment only please WAYCOTTS COMMERCIAL 01803 403060


More information from this agent

Nearest station

  • Totnes (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Waycotts, Torquay

The White House 42/44 The Terrace Torquay TQ1 1DE

01803 367067 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

  • Totnes (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Waycotts, Torquay

The White House 42/44 The Terrace Torquay TQ1 1DE

01803 367067 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 100863005211. 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 Waycotts, Torquay. 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.

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