Under Offer

Price reduced to

£159,950

South Street, South Molton, Devon, EX36

2 bedroom retail for sale

Retail, Shop, Other Business, Investment

2 Bedrooms

Key Features

  • Town centre location
  • Busy trading position
  • No chain
  • Excellent income
  • Ideal Investment
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Lauren Jones

Whether you'd like to book a viewing, or need additional info, I'm here to help.

Property Description

In a busy trading position this 2 storey mid terrace premises has been substantially modernised by the owner and it is divided into a GROUND FLOOR LOCK UP SHOP with a SELF CONTAINED 2 BEDROOM FLAT over. Both units are currently let and produce a gross RENTAL INCOME OF £12,250 per annum. (full details of the existing leases are available to potential buyers)

On the ground floor there is a large retail shop with a 9ft 5" window frontage and the unit has a 38ft depth. Behind the shop unit there are 2 rooms and a ground floor cloakroom.

On the first floor there is a good sized kitchen, spacious lounge with bay window, a bathroom with walk in shower and two good sized bedrooms. The flat also has the benefit of a outside terrace area accessed through bedroom 2.

South Molton is a popular and busy market town with an excellent range of amenities which include various shops, a supermarket, bank, a post office, health centre and schools for all age ranges. Well known for its weekly markets and specialist shops the town stands just off the A361 (North Devon link road) which provides a quick route to the regional centre of Barnstaple (12 miles) and the M5 and National rail links at Tiverton (25 miles).

Key Information

Tenure:

Freehold

EPC:

E

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