Lynmouth Street, Lynmouth, Devon, EX35

LOCATION
In a prime tourist holiday hotspot that attracts thousands of tourists every year. This pedestrianised thoroughfare is lined with independent retailers, gift shops and eateries connecting the top of the street down to the harbour.
This is the main shopping street in Lynmouth and is car-free, allowing pedestrians to freely explore the shops and cafes. The village stands where the East and West Lyn Rivers meet and meander down to the sea.

THE PROPERTY
This is a mid-terraced commercial shop with living quarters over. Freehold properties of this nature rarely become available in Lynmouth. Offered for sale as a 4 bedroom apartment in need of modernisation above a self-contained lock-up shop of about 680 sq ft plus stock rooms above the rear retail area, shop and stock rooms. The shop is now vacant but was previously let at a rental price of £916.67 pcm. The vacant apartment is approached from the rear at first floor level via a shared pedestrian pathway via Granny's Lane and benefits from a large patio with decking and a conservatory. There are sea glimpses across the rooftops from the upper floor bedrooms.

SERVICES
All mains connected. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting https://checker.ofcom.org.uk

VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.

VIEWING
Strictly by appointment through the selling agents.

RATEABLE VALUE
£9,900 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.
Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.

COUNCIL TAX BAND
A

LEGAL ADVICE
We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.

PLANNING
It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyer’s responsibility.