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South Street, South Molton

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

SIZE

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TENURE
Describes 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

  • House & Café For Sale
  • Investment Opportunity
  • Three Bedrooms
  • Enclosed Rear Garden
  • Spacious Accommodation
  • 360 Virtual Tour Available

Description

ABOUT THE PROPERTY

72 South Street provides an attractive opportunity to acquire a spacious commercial café/shop, operating as Avo Café with the current occupants happy to continue under their lease, together with a deceptively spacious three bedroomed house located above and adjoining to the rear. The property also benefits from a good sized rear enclosed garden with side access. Potential gross combined Return on Investment (RHI) of 7.7% per annum. The shop comprises a large space with two roadside windows, kitchen area, storage and cloakroom. Formerly a door linked to the house from the shop (currently sealed) The property is within a prominent position on South Street in South Molton.

The house has undergone significant refurbishment over the years and is well presented throughout. With a separate access from the alleyway, the house comprises, private entrance hallway, large living room and a kitchen/dining room with adjoining conservatory leading out to the enclosed rear garden. The first floor provides three bedrooms, family bathroom. Adjoining the third bedroom is a large attic store space which may provide potential.

The property is sold Freehold. For layout and approximate room measurements please see the enclosed floorplan & Virtual Tour.

THE AREA

72 is located in a prominent position in South Street close to the town centre and main car park. South Molton itself offers an excellent range of everyday services including shops, schools, restaurants, together with a Sainsbury's supermarket, health centre, recreational facilities and cottage hospital.

SERVICES & OUTGOINGS

- The shop is connected to mains water & electricity.

- The flat benefits from mains water, electricity & gas.

- Mains drainage connected to both.

- North Devon Council - Rateable Value - (2023-Present) £5,500 per annum which qualifies for Small Business Rates Relief

- Retail zone A & B as shop/premises. Special rating code 409G - Cafés.

- 72 (House) North Devon Council - Tax Band B (Approx. £1,956 per annum)

- Tenure - Freehold

- EPC 72 (House) Band D (Shop) TBC

Internet & Mobile - Visit OFCOM

DIRECTIONS

From South Molton, head south on South Street and number 72 (AVO Café) is on the right hand side.

DIGITAL MEDIA LINKS

What3Words Location - ///soda.scanning.jousting

VIRTUAL TOUR AVAILABLE

IMPORTANT NOTICE

These sale particulars have been prepared as a general guide. They must not be relied upon as statements of fact. We have not carried out a detailed survey, nor tested the services, heating systems, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings. If there are points which are of particular importance to you, please make contact prior to viewing the property. To the best of our ability we try to represent the property accurately and honestly. A purchaser must make sure they are satisfied with the property before agreeing to proceed.

A Property Information Questionnaire & Title Register are available to prospective purchasers before committing to proceed with a purchase. We are not legal experts, and you must seek and be guided by your own legal advice. Talk to us if there are any questions or concerns relating to the property.

COPYRIGHT © 2025 MICHAEL ADEY PROPERTY

Council Tax Band: B (North Devon Council)
Tenure: Freehold

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.
Band: B
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.
Private garden,Rear garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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South Street, South Molton

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About Michael Adey Property, South Molton

106 East Street, South Molton, EX36 3DB
Industry affiliations:Industry affiliation logo 0

Welcome to Michael Adey Property - Estate Agent based in North Devon

Are you looking to buy or rent property in North Devon, West Somerset or Exmoor National Park? If so, I can help.

I have gained extensive experience helping clients to sell and find homes in the towns and villages, the coastal and rural communities of this wonderful part of the world, in which I have lived my whole life.

So whether you are relocating, investing or looking to buy a second home, I can support you with specialist knowledge and advice on this area's residential property market - from its flats and houses through to unique homes and smallholdings.

Michael Adey Property brings a fresh dynamic concept to property agency, allying modern marketing methods to the traditional values of expert local knowledge and experience, so you can maximise the value of your property.

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Disclaimer - Property reference RS0573. 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 Michael Adey Property, South Molton. 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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