Guide price

£399,950

Broad Street, South Molton, EX36

Retail for sale

Retail, Shop

Key Features

  • Prime town centre shop
  • Purpose built in the 1960’s
  • Retail space over two floors
  • Would suit an owner occupier or an investor
  • Circa 4,500 sq ft in total
  • Great opportunity purchase
  • Upper floors may convert to 4 apartments subject planning permission
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Tony Foster

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Property Description

LOCATION
In the heart of South Molton next to the George Hotel and a few yards from the ever popular Pannier Market, this shop is in a prime pitch. The town has a population in excess of 5,000 inhabitants and serves the surrounding rural hinterland. It is readily accessible via the North Devon Link Road to Junction 27 of the M5 motorway, where there is a main rail station at Parkway with access to London. Barnstaple the region’s main commercial town is around 10 miles away to the North and South Molton is on the southern fringe of Exmoor National Park.

THE PROPERTY
This property was built as new in the 1960's with a steel frame on two floors, the ground and first floor are used for retail with three further rooms on the second floor at the front, ideally suitable as offices or private accommodation. The property has been owned by the same family for many years and was originally a TV store.
The property has been let in recent years to a charity shop. The premises are now vacant.
The property will suit an investor or could suit as retail premises, offices or even as a mini supermarket express store.
In all this is a large purpose built retail store offering around 4,500 sq ft over three floors.

AGENTS NOTE
To the rear is a large garage and car park area with plans drawn up to develop into 4 cottages. A copy of the proposed residential development plans are available upon request.
This is subject to obtaining planning permission.

Key Information

Tenure:

Freehold

VIEWING:

Strictly by appointment through the selling agents.

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