Mixed Residential/Commercial Grade II Listed Investment
Mixed Residential/Commercial Grade II Listed Investment
Overview
Description
Within a short walk of the town square by the Museum and close to all High Street shops and Rock Park, this property is ideally placed for access to all amenities. Litchdon Street is a historic street which has old alms houses, many character buildings and this property is directly opposite the rear of the Imperial Hotel.
THE PROPERTY
Two Grade II Listed commercial mid-terraced premises arranged as two shops, a central store room and two residential letting units behind and over the main shops. There is a central communal yard and to the rear is a small end terraced cottage.
At the time of our inspection on the 2nd of April 2024 only one residential unit and one shop was let but the potential rental income is as follows:
8 Litchdon Street – £560 pcm (commercial, currently vacant)
9 Litchdon Street – £850 pcm (residential, currently vacant)
9a Litchdon Street – £875 pcm (residential, currently vacant)
10 Litchdon Street – £210 pcm (commercial, tenanted)
10a Litchdon Street – 800 pcm (residential, tenanted)
Store Room – £100 pcm (commercial, used by the owners)
Potential annual gross income of £40,740 when fully let.
The owners of the property are actively looking to have the whole property occupied.
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is this In administrative/receivership:
Is stock included:
Listed By:
Similar Listings
Located in the heart of town, opposite the Vicarage, this wonderful old building has since 1962 been used as both residential and commercial accommodation (Built in 1889 and offers approximately 3,680 sq ft of mixed residential and commercial space)....
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 p...
A ground floor double fronted shop premises offering about 400 sq ft of retail space plus access to a rear yard with two store rooms and a staff cloakroom. The property is ideal for a variety of retail uses or even offices, subject to any necessary p...
We strongly recommend that you must view this property to appreciate the standard of modernisation that the building has undergone in recent years. The owner has arranged the first floor into two spacious boutique en-suite bed & breakfast rooms,...
This large, centrally located site with an extensive range of 2 storey buildings and parking. May also be suitable for a variety of alternative residential / commercial schemes, subject to planning. Planning was granted by West Devon Borough Council ...
FOR SALE BY ONLINE AUCTION AUCTION ENDS FRIDAY 31ST OF MAY 2024 AT 12 NOON. PROPOSAL The property will be offered for sale by online auction with a price guide in excess of £225,000. All offers will be considered beforehand. THE PROPERTY Grade II Li...