Auction Lot: Substantial Development Opportunity, Dartmouth, Devon, Devon

• FH Price: £600,000 Guide Price
Occupying a prominent end-of-terrace position in the centre of Dartmouth, this substantial three-storey mixed-use property presents an excellent opportunity for redevelopment or investment. The ground floor comprises a retail unit with ancillary storage, a self-contained garage workshop, a carport, and additional storage buildings. The upper floors are currently configured to provide two apartments, accessed via a shared entrance from Mayor’s Avenue. One of the flats (Flat 2) is in poor condition and has been identified as structurally unsound in parts.

Planning approval (Ref: 1308/24/POD, granted April 2024) has been secured for the internal reconfiguration of the upper floors to create four self-contained residential apartments. The property extends to approximately 0.09 acres (0.04 hectares).

Location
Dartmouth is a highly sought-after historic town located on the western bank of the River Dart, within an Area of Outstanding Natural Beauty. Famed for its charming narrow streets, vibrant arts scene, and independent shops, the town enjoys a strong local and seasonal visitor economy. Dartmouth is also home to the Britannia Royal Naval College and hosts the annual Port of Dartmouth Royal Regatta, drawing large numbers of visitors each year.

The property itself is positioned off Mayor’s Avenue, a key location just 150 metres from both Dartmouth Harbour and the popular Foss Street. Nearby amenities include Dartmouth Museum, The Sail Loft public house and restaurant, and the Flavel Arts Centre.

Transport links are excellent, with access via the B3205 (Mayor’s Avenue), which connects to the A379 and A3122, providing routes to Kingsbridge, Torbay, Exeter and the A38. The mainline railway station at Totnes (approximately 15 miles away) offers direct services to Exeter St Davids and London Paddington.