Kingsbridge

Prime Freehold Development Opportunity. Potential for up to 6 Residential Units & 1 Commercial Unit (STP). Total Gross Internal Area Approx. 294m2 (3,165 sq ft).

The property occupies a prominent position on Fore Street, one of the principal streets within Kingsbridge town centre. Fore Street forms part of the main high street, surrounded by a mix of independent retailers, professional offices and residential dwellings.   This is a highly desirable South Hams location offering strong investment prospects and excellent amenities. The area is popular with professionals, downsizers and second homeowners, making it a prime spot for future residential conversion or mixed-use development. This attractive period freehold property is arranged over ground, first and second floors and is currently let in its entirety to a local solicitor’s firm.The premises include ground and upper floor office accommodation as well as a self-contained one-bedroom flat located on the second floor. Subject to planning, it is believed the building could be converted into either 6 flats and a commercial unit or four flats, a 2–3-bedroom cottage and a commercial unit on the ground floor fronting the high street.  The property is currently let on a commercial lease expiring March 2027. We have been informed however, that the current tenant would be willing to surrender the lease early, as they have sourced alternative offices.