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2 bedroom terraced house for sale

Fore Street, Ivybridge

Withdrawn from Market £235,000

Property Description

Key features

  • Substantial Mixed Commercial And Residential Investment
  • Current Rent Passing 12,000 pa.
  • Self Contained Maisonette
  • Prime Location
  • Commercial EPC TBC

Full description

Tenure: Freehold

GROUND FLOOR  

RETAIL SALES SHOP 20' 9" x 36' 10" (6.34m x 11.23m) ( Maximum) Approx floor area of 66 sq m (710 sq ft). With single glazed coated aluminium shop front with open portico and twin doors leading to the retail sales area having a suspended ceiling with concealed lighting. Air conditioning unit, skylight, door to: 

LOBBY Suspended ceiling with concealed lighting. 

WC Low level WC, wash basin, extractor. 

STAFF ROOM/KITCHEN 14' 0" x 8' 9" (4.27m x 2.68m) Upvc double glazed window to rear, base unit with single drainer stainless steel sink unit over served by over sink water heater, air conditioning unit. 

STAIRWELL Giving access to an upper floor landing and with door to: 

STORE With Upvc double glazed door to exterior. 

FIRST FLOOR  

ENTRANCE HALL Upvc double glazed entrance door. 

INNER HALL With built in store cupboards, stairs rising to upper floor, gas central heating boiler, radiator. 

WC Window to rear, low level WC and wash basin, radiator. 

LOUNGE/DINER 21' 11" x 15' 10" (6.69m x 4.85m) Windows to front aspect overlooking Fore Street, radiator. 

KITCHEN 10' 8" x 8' 4" (3.27m x 2.56m) With older range of base units, Upvc double glazed window to side, door to: 

BREAKFAST ROOM 10' 9" x 5' 10" (3.28m x 1.78m) Window to side, door to: 

COMMUNAL LANDING Approached from the maisonette and also with staircase falling to the ground floor, Upvc double glazed window to side. It should be noted that there is a room beyond the landing above the shop store which is sealed off at present. 

SECOND FLOOR  

LANDING Window to rear. 

BATHROOM 9' 0" x 7' 7" (2.76m x 2.32m) Window to rear, older style bath, wash basin, radiator. 

BEDROOM 1 14' 3" x 12' 5" (4.36m x 3.81m) Window to front, radiator. 

BEDROOM 2 16' 4" x 9' 8" (5.00m x 2.96m) Window to front. 

EXTERIOR There is a rear courtyard area giving access to the shop store room which has a wrought iron staircase rising to a platform allowing access to the garden and leading to a traffic tiled flat roof leading to the entrance door f the maisonette. The courtyard is accessed via a Right of Way from Fore Street. The rear garden is steep and overgrown. 

TERMS The premises are held on a business tenancy which dates back to approximately 1989 and the current rent passing is £12,000 for the card shop and upper floor maisonette combined. The maisonette is sub let by the card shop owner on an assured shorthold basis. The lease as we understand it is on a full repairing and insuring basis and will end in June/July 2017. At this stage revised lease terms have not been finalised. 

RATEABLE VALUE The current rateable value as noted on South Hams website is stated as £17,250 but is under review as we understand it. Guidance on business rates can be found from www.voa.gov.uk. The first and second floor maisonette titled 41a is separately rated. 

LEGAL COSTS AND VAT All figures within these terms are exclusive of VAT at the prevailing rate where applicable. Each party to bear their own legal costs incurred in the transaction. 


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
11 January 2017

Floorplans

Map & Street View

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