78 Fore Street, Kingsbridge
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- 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
- Investment opportunity
- Potential 8-9% yield
- Potential to renovate accomodation into 2 bedroom flat
- Open plan living space
- Retail space with large display window
- Town centre location
- Parking space
Description
The Location:
The sought after market town of Kingsbridge is located at the head of the estuary in the beautiful South Hams, an 'Area of Outstanding Natural Beauty'. There is a fantastic range of local and independent shops, restaurants, pubs, two supermarkets, a cinema, a leisure centre with swimming pool, medical centre and community hospital.
The Property:
An interesting opportunity to purchase a small commercial unit on Fore Street Kingsbridge in a Grade II listed building with partly renovated accommodation above. The property comprises of a first floor property and a commercial shop.
First Floor Accommodation:
The property is accessed from the alley and the entrance door enters to the ground floor hallway with access to one room which has potential to be a bedroom or office (all subject to planning) and a further access to a potential shower room.
Stairs lead to first floor with further potential bedroom (subject to planning), WC and open plan living space with beautiful bay window.
The kitchen is fully fitted and brand new and includes oven, hob and extractor.
Planning was previously approved for a 2 bedroom flat but that planning would need to reinstated. The expired plans for this are available so any potential buyer can view.
Ground Floor Premises:
Ground floor retail premises with large main display window and good footfall. Previously used as a Letting Agency, and benefits from small kitchenette area and WC.
Rateable value - £5900 with £0 business rates to pay with business rates relief.
The property also has a private parking space to the rear.
The accommodation requires refurbishment to be completed subject to planning permission and building regulations. Once completed this accommodation could offer a rental potential. The commercial space below was previously achieving £7000 PA.
We are advised by the current owner that the property is freehold, with the second floor property above owned on a leasehold basis.
As such, the freehold has a 3/4 liability for the main structure and 1/4 liability for the roof.
Services & Further Information:
Tenure: Freehold with second floor owned on a leasehold basis.
Services: Mains Water, Sewerage and Electric Heating.
EPC: Shop rating - C
Accommodation Rating - E
Council Tax: TBC
Broadband Speeds: Superfast Available with speeds up to 80Mbps (Openreach)
Brochures
Brochure 1Brochure 2Brochure 3- 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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- LISTED PROPERTYA property designated as being of architectural or historical interest, with additional obligations imposed upon the owner.Read more about listed properties in our glossary page.
- Listed
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Off street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- No wheelchair access
78 Fore Street, Kingsbridge
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About Kingsbridge Estate Agents Ltd, Kingsbridge
107 Fore Street, Kingsbridge, TQ7 1AB
The property specialists for Kingsbridge and surrounding villages.
Making the customer at the heart of everything we do, our priority is to provide a tailor-made service to each of our clients, delivering exceptional standards and exceeding your expectations.
With over 12 years working within the property sector, Kingsbridge Estate Agents brings a fresh approach to the sector. With honest house appraisals (no overvalued, unsold properties here), clear and upfront fees (no surprise charges to be found) and a genuine love for the property sector and South Hams, by choosing us you will be rewarded with a company who make every stage of your property process clear and simple.
What's more, we conduct ourselves to a high standard being members of the main trade bodies within our industry, including Association of Residential Letting Agents (ARLA).
Our office is run by a close-knit team of locals who will be able to tell you about the nearby schools, best place for a flat white and the quieter beaches with year-round dog walking. So not only will you be provided with our excellent knowledge of the local property market, we can give our clients a real sense of the local community and how beautiful this area of Devon is. Love here. Live here
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Visit our security centre to find out moreDisclaimer - Property reference S996051. 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 Kingsbridge Estate Agents Ltd, Kingsbridge. 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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