Investment Properties for sale in Totnes

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Prominent Investment in Primary Town Centre Location

Totnes, Devon, England

  • Freehold Price: £335,000
Seller Reference: CD-90176
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: CD-90176
Request Details
Business Description
An imposing 17th Century building located in the heart of the historic South Devon town of Totnes. A former WHSmith store, the property occupies a prominent and highly visible trading position on the busiest stretch of the town's main shopping street.

The property is being sold with or without the benefit of the family run gift and greetings card shop 'All the Best' which occupies the ground floor. If required, this long-established business can be sold as a going concern and trading accounts are available upon request, alternatively the ground floor shop premises can be acquired vacant.

The first fist floor is primarily leased to a long-established, reliable tenants who operate a picture framing business. The annual rental income is £10,320, the lease expires on 9 October 2021.

The remaining upper parts are arranged as office and storage rooms, but there may be potential for residential development of the upper floors, subject to planning permission.

Watch the walk-through video here - https://youtu.be/GGMtkqqcc4o
An imposing 17th Century building located in the heart of the historic South Devon town of Totnes. A former WHSmith store, the property occupies a prominent and highly visible trading position on the busiest stretch of the town's main shopping street.

The property is being sold with or without the benefit of the family run gift and greetings card shop 'All the Best' which occupies the ground floor. If required, this long-established business can be sold as a going concern and trading accounts are available upon request, alternatively the ground floor shop premises can be acquired vacant.

The first fist floor is primarily leased to a long-established, reliable tenants who operate a picture framing business. The annual rental income is £10,320, the lease expires on 9 October 2021.

The remaining upper parts are arranged as office and storage rooms, but there may be potential for residential development of the upper floors, subject to planning permission.

Watch the walk-through video here - https://youtu.be/GGMtkqqcc4o

• Our Ref: CD-90176
• 4 Storey, Grade 2 Listed Building
• Net Internal Area approximately 2,000 sq ft
• Ground Floor Retail Space approximately 700 sq ft
• Available with or without Gift & Greetings Card Business
• Rental Income from First Floor, Let at £10,320 pax
• High Footfall location in Tourist Hotspot
• Highly sought-after location
• Development Potential
• FH Price: £335,000 Guide Price
Tenure:
Freehold
Location Details:
Totnes
Listed by:
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