Investment Properties for sale in Barnstaple

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 We were searching for a retirement business opportunity and we found it on 

Mr & Mrs Neville (Sept 2013)
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Freehold Price: £295,000 Price Reduced
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Business Description
In a busy town centre location is this mid-terrace commercial property.

To the ground floor there is a retail area of approximately 640 sq ft with two floors over. The upper floors are approached from a separate ground floor lobby and staircase, on the first floor there is a two bedroom self-contained apartment and to the second floor a one bedroom self contained apartment.

Potential Rent Role: £24,500 per annum.

The ground floor is currently let out to the RSPCA Charity on a one month rolling lease at a rental of £12,000 pa.

The first floor is let on a shorthold tenancy agreement and has been let at a rent of £550 pcm.

The second floor was vacant at the time of our inspection (December 2015) but has been let in the past at a rental of £495 pcm.
Tenure: Freehold

Location Details:

Located on Joy Street which connects Boutport Street to the High Street. Nearby traders include TK Maxx, Barclays bank, Banburys Department Store, Poundland etc.

Listed by: Webbers Property
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