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45-47, Fore Street, Kingsbridge, Devon, TQ7

£650,000

£353.45 per sq ft

Business rates & charges may apply

Stratton Creber Commercial, Plymouth
SIZE AVAILABLE

1,839 sq ft

171 sq m

SECTOR

High street retail property for sale

Plans
1

Key features

  • Quality Mixed use investment opportunity
  • Prime location in Kingsbridge Town Centre
  • Two well-proportioned retail units let to a great covenant until 2033
  • Two spacious well-presented first floor flats
  • Communal rear courtyard utilized by all occupiers
  • Total combined income £49,000 per annum.
  • Freehold asking price £650,000 reflecting a blended net yield of 7.10% after purchaser costs.

Description

An excellent opportunity to acquire this superb well-proportioned mixed-use investment located in a prime position in the centre of Kingsbridge town. The two ground floor retail units are occupied by Oxfam with two sizeable residential flats above, a one-bedroom flat and an exceptionally good size two bedroom with accommodation arranged over two levels. The flats are accessed via a communal passageway which runs in between both retail units. To the rear of the properties there is a large courtyard area which is utilized by both the shop and flat occupiers. We are advised by our clients that a new roof was installed in 2021.

Energy Performance Certificates

EPC CertificateEPC Certificate

Brochures

45-47, Fore Street, Kingsbridge, Devon, TQ7

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ivybridge Station9.4 miles

About Stratton Creber Commercial, Plymouth

The Old Harbour Office, Guys Quay, Sutton Harbour, Plymouth, PL4 0ES

Stratton Creber Commercial provides a full range of services in commercial property across the South West from offices in Exeter, Plymouth and Truro

We are an independent firm with strong local roots, offering a wide range of professional services to the commercial property sector.

We offer a straightforward, personal and honest approach to meeting the needs of our clients, including investors, developers, occupiers and lenders.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 4869FH. 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 Stratton Creber Commercial, Plymouth. 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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