Lot 137: VACANT MIXED COMMERCIAL AND RESIDENTIAL PROPERTY WITH DEVELOPMENT POTENTIAL

Sold £161,000

A deceptively large mixed commercial and residential building located in the heart of the popular market town of Ottery St Mary. Originally two units, a terraced property to the front and “The Old Village Hall” to the rear, both are now integrated. It comprises a large ground floor commercial premises, previously a convenience store, whilst occupying the front portion of the first floor is a self-contained two-bedroom flat requiring updating with access from Tar Lane. To the rear of the building’s first floor is a vacant store room.

The property is likely to appeal to mixed use investors and owner occupiers as well as those who may separate the two components for re-sale or re-develop the existing building (particularly the store room), subject to all necessary consents being obtainable.

Commercial

Ground Floor

Extensive floorspace with rear storage, kitchenette, cloakroom W.C., lobby with stairs to first floor and access to Tar Lane.

Rear First Floor

Large storeroom with office.

Residential

Front of First Floor

Living room, kitchen, bathroom and two bedrooms.

Outside

External steps to roof terrace giving access to first floor flat and store.

Auctioneer’s Note

For information relating to the commercial element’s rateable value and other available data go to www.gov.uk/correct-your-business-rates and enter the postcode for the property into the appropriate search field.

Local Planning Authority

East Devon District Council. Tel: 01395 516551. Website: eastdevon.gov.uk.

Freehold with Vacant Possession

Residential EPC: E
Commercial EPC: D