North Street, Ashburton, Newton Abbot

- PROPERTY TYPE
Semi-Detached
- BEDROOMS
3
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Current Gross Income £25,800 per annum
- Mixed Use Freehold Investment Property
- Imposing Listed Building
- Town Centre Location
Description
Kings Bridge House is an attractive Grade II listed period property arranged over three floors on a prominent site in the corner of North Street by the bridge leading to the town car park.
It includes two retail shops on the ground floor currently let on 1954 Landlord and Tenant Act leases to an antiques business at a combined rent of £13,800 per annum. We have not had sight of the leases at the time of preparing these particulars. However we understand that the lease of the right hand shop is dated 16 October 2017 and was assigned to the current tenant on 1 July 2019. the end date was June 2022 and the tenant is holding-over.
The first floor consists of several offices/consulting rooms let on a 1954 Landlord and Tenant Act Lease to a chiropractors at a rent of £6600 per annum from March 2021 for a term of 6 years.
The second floor consists of a residential flat with three bedrooms let on an Assured Shorthold Tenancy from 25 September 2012 at a rent of £379.40 every four weeks, with the current rent (as advised by the owner) being £450 pcm.
There is no outside space and the rear of the building backs onto the River Ashburn which meanders its way through the town centre.
Please note, the floor plan is for is for general guidance and is not to scale and has been prepared with limited access to parts of the building. Basically you can't rely on it to be accurate but it does give an idea of the general layout.
Tenure: Freehold
Shop Premises
Occupying the ground floor with a good window display frontage to North Street. Originally two shops (separate entrance doors from North Street). An internal doorway connects the two sides. There is a small kitchen and WC off the rear.
First Floor Hall
Reception area for the chiropractors. With doors off to the treatment rooms/offices. there is a small kitchen and a WC
Second Floor
Self-contained flat with Hall, Living Room 13' x10', Kitchen 8'8" x 6'8", Bedroom 1 14'2" x 9'6", Bedroom 2 11'x 10', Bedroom 3 9'8" x 6'9" and Bathroom/WC.
General Information
Tenure - Freehold, subject to the leases and AST
Services- Mains electricity, water and drainage. Gas not connected.
Viewing - Telephone our offices or email
Y
FLOOR PLAN : Please note, the floor plan is for general guidance and is not to scale and has been prepared with limited access to parts of the building. Basically you can't rely on it to be accurate but it does give an idea of the general layout.
Brochures
Brochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
North Street, Ashburton, Newton Abbot
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Visit our security centre to find out moreDisclaimer - Property reference RS1326. 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 Howard Douglas, Ashburton. 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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