COMMERCIAL

Fore Street, Tiverton

Guide Price

£325,000

PROPERTY TYPE: Commercial Property
SIZE: Ask agent

Key features

Prime Town Centre Freehold
Excellent High Yielding Investment Potential
Currently 3938 Sq Ft
Full Planning for Mixed Use Development
Potential Multiple Unit Income Stream
Building Stripped Out to Shell
Excellent M5 & Tiverton Parkway Access
Exeter 15 Miles
Council Tax/Business Rates TBC
Freehold

Description

A prominent town centre freehold building with planning for a high yielding mixed use development. Freehold.

Situation - Located in the prime central area at an intersection with high levels of foot traffic, the property has all the town centre amenities and employment within walking distance. Tiverton enjoys a high level of accessibility with the A361 North Devon Link Road, M5 Junction 27 and Tiverton Parkway Station 7 Miles. Further afield, Exeter is 15 Miles and Taunton 21 Miles.

Description - A former Barclays bank building, now stripped out and ready for re-development and offering full planning permission to convert into a high yielding mixed use investment. The current proposal provides 2 commercial units, 4 studio apartments and 1 six bedroom HMO with an estimated gross anual income fully let at approximatley £105,000 plus potential solar PV savings/income. Planning reference: 25/01440/FULL. Please contact the agents for plans and supporting information.

There is also plenty of potential for other uses and development plans subject to the required consents.

Services - Mains electricity, water and drainage.
Ofcom predicted broadband services - Standard, Superfast & Ultrafast available
Local Authority: Mid Devon District Council. Tiverton Conservation Area.

Directions - What3Words: ///relax.goat.less
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Brochures

Fore Street, Tiverton

Approximate location

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NEAREST STATIONS

Tiverton Parkway Station5.7 miles

About Stags, Tiverton

19 Bampton Street, Tiverton, EX16 6AA

Industry affiliations:

Stags' Tiverton office is in Bampton Street, one of Tiverton's busiest shopping thoroughfares and is a short distance from Tiverton's redeveloped Pannier Market, which offers parking and regular markets that are popular with locals and visitors alike.

Stags has been a dynamic influence on the West Country property market for over 150 years and is acknowledged as the leading firm of chartered surveyors and auctioneers in the West Country with over 25 offices and locations across Cornwall, Devon, Somerset and Dorset. We take great pride in the trust placed in our name and our reputation.

Stags offers the security of using an exceptional professional service with qualified chartered surveyors and dedicated property experts, who are able to give individual advice on a wide range of residential issues. We take pride in our in-depth knowledge of the West Country, as well as the regional property markets and are armed with a network of invaluable personal contacts, which enables us to deliver an impressive package of skills.

Notes

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Disclaimer - Property reference 34802002. 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 Stags, Tiverton. 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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Fore Street, Tiverton

Key features

Description