King Street, South Molton, Devon, EX36

Mixed use investment property that has been updated. Prominent town centre position with return frontage. Ground floor shop & three bedroomed maisonette.


The premises comprises a mixed use building spread over 3 floors. On the ground floor is the shop and on the first and second floors the three bedroomed maisonette. The well placed shop benefits from an open plan retail/office area, and separate WC. There is a separate entrance to the shop. From the hallway area there is access through to a lobby area where there are white goods and a rear door leading to the courtyard garden. The shop is serviced by mains gas, water and drainage. The residential maisonette has its own private entrance from King Street entering in to the entrance hall with stairs rising to the first floor. There is also the option to securely separate the accommodation from the retail space at the bottom of the stairs. The accommodation is immaculately presented having been refurbished throughout and comprises a spacious living room with Sash windows and a feature fireplace. A spacious fitted kitchen completes the first floor. The kitchen has a range of wall and base units, worktop, stainless steel sink and drainer, space and plumbing for a dishwasher. Integrated electric oven and electric hob and an integrated fridge. There is a utility cupboard housing the washing machine and tumble dryer. On the second floor there is a beautiful galleried landing and the three bedrooms can be found. Bedrooms one and two enjoy views over the town and surrounding countryside. Completing the accommodation is the modern shower room comprising a vanity unit with wash hand basin, WC, heated towel rail and walk in shower.
For layout and approximate room measurement please see the enclosed floorplan.

OUTSIDE
To the rear of the property is an enclosed private walled garden. This comprises a paved area, raised decking and raised flower beds.

TERMS
The property is available for sale freehold at a guide price of £250,000. We are advised the property is not registered for VAT, therefore VAT will not be payable on the purchase price.

BUSINESS RATES & COUNCIL TAX
The premises have a current rateable value of £4,550 per annum. Interested parties should make their own enquiries with the Local Authority to ascertain the rates payable. 100% Small Business Rates Relief is available to some occupiers where rateable values are less than £12,000 per annum. The residential maisonette is within Council Tax Band A.

SERVICES & OUTGOINGS
We understand that mains water, gas and electricity are connected to the property.

ADDITIONAL INFORMATION
Broadband: Superfast Fibre Broadband is available—highest available download speed 79-80 Mbps, highest available upload speed 19-20 Mbps. (based on Openreach data).
Mobile Coverage: Limited available via Three, O2, and VODAFONE. For an indication of specific speeds and supply or coverage in the area we recommend contacting your own provider. (Based on Ofcom data).
Flooding: The Maisonette is in an area at a VERY LOW RISK from River/Sea water and LOW RISK from Surface Water flooding (defined as the chance of flooding each year as less than 0.1%). (Gov UK data).
Construction Type: Stone & Render

The bustling market town of South Molton is well situated within North Devon, enjoying easy access from the A361 link road and providing a good range of local services, including shops, recreational facilities and primary and secondary schooling. The larger centre of Barnstaple to the north west affords an extensive range of commercial, recreational and educational facilities, befitting those of an important regional hub and including both local and national high street shops, banks, restaurants, public houses, a leisure centre, cinema and theatre. South Molton is surrounded by picturesque North Devon countryside which provides a wealth of outdoor activities including walking, horse riding, cycling, sea, coarse and game fishing, and golf courses at High Bullen, Libbaton, Portmore and Saunton. To the north the Exmoor National Park offers beautiful moorland scenery with many foot and bridle paths, whilst the stunning North Devon coast is easily accessible, with popular sandy beaches at Instow, Saunton Sands, Croyde Bay, Putsborough and Woolacombe.