Ford Street, Moretonhampstead

Situation

The premises are very centrally located in the centre of this popular town. Moretonhampstead itself is a bustling town approximately 12 miles to the south-west of Exeter and in the heart of the Dartmoor National Park countryside. The location has an excellent range of amenities having shops and businesses, pubs, restaurants and places of interest close to hand. The town is served by a popular primary school, has a health centre, public library, dental practice, veterinary surgery, recreation ground, outdoor heated swimming pool and sport centre to name but a few.

Description

An excellent opportunity to acquire a well-located commercial premises of approximately 480 square feet that previously operated as a local independent estate agency, although it has not been that active for the last two to three years. Ideally suited for a variety of uses — such as retail, office, or consultancy — this compact unit benefits from good town centre visibility and is located almost opposite a popular Coffee Shop and Ice Cream Parlour.

The interior would benefit from updating and improvement, providing a blank canvas for you to tailor the space to your specific business needs or for potential for a change of use subject to any necessary consents. It offers a smart investment with potential to add value.

The floors above have been separated and sold off as a Leasehold flat on a 999 year lease running from 1998. The flat is not charged any Service Charge or Ground Rent but currently pays half the cost of buildings insurance.

Outside Space

The premises have a right of way over the small area to the rear of the office which is owned by the flat above. There is a passageway leading back out to the main pavement which is owned by the property..

Services

The property has not seen regular use in the last few years but mains electric, water and drainage were connected in the past.

General Information

Current Rateable Value: £4,000 (1/4/23 to present) but may be subject to small business rates relief.

Planning Classification: Class E Commercial use.

Energy Performance Certificate: Awaiting EPC

Tenure

The property is freehold with vacant possession. The premises above constitute a Leasehold flat (999 years from 1998) that has been sold off. No service charge or ground rent is payable but they share the cost of insuring the building.

Directions

Approaching from the north, follow the A382 towards the centre of town and the premises will be found on the right hand side, with a sign saying “Moretonhampstead Estate Agency”.

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