Investment Properties for sale in Barnstaple

View the "Mixed Commercial and Residential Investment Opportunity" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

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Imran Ahmed (Nov 2014)
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Freehold Price: £325,000 Price Reduced
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Business Description
Ground floor shop let at £14,000 per annum, first floor office circa 536 sq ft, second floor spacious 2 bedroom apartment and to the top floor two store rooms, currently vacant. Sound investment.

The premises comprise of a ground floor shop of approximate measurements 59'8" maximum depth x 23'2" maximum width. The upper floors are accessed from a side entrance hall and provides a communal staircase and, to the first floor, a self-contained office.

To the second floor there is a two bedroom self-contained spacious apartment and, to the top floor, two spacious rooms considered for further conversion to an apartment, subject to obtaining the usual planning consents.

This mixed residential and commercial investment opportunity has the possibility of providing an income. If all floors are fully let, subject to all necessary consents and conversions, the income would be in the region of £24,000 per annum.
Tenure: Freehold

Location Details:
The premises occupy a busy town centre trading position located at the southern end of Boutport Street, close to the junction with the main High Street. The premises adjoin Youing's toy shop on one side and a hairdressers on the other and are close to the Royal and Fortescue Hotel. The premises have a long frontage on to Boutport Street and the benefit of a separate staircase to the upper floors.

Listed by: Webbers Property
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