Lot 44: FREEHOLD MIXED USE PROPERTY

A prominent four storey property situated in the heart of this popular coastal town close to local shopping and other amenities. Currently arranged as a ground floor shop with three self-contained flats occupying the upper floors, the property would now benefit from some updating and modernisation.

The property will likely appeal to investors looking to add or start their portfolio, speculators considering individual resale of the units post improvement works and developers who will no doubt spot the potential, subject to all the necessary consents being obtainable, to create a greater number of flats following sub division of the residential units.

Ground Floor

Commercial

Shop floor, walk in store cupboard, kitchen area and W.C.

Residential

Communal ground floor front access leading to flats.

First Floor

Communal bin store.

Flat One

Entrance hall, living room, kitchen, two bedrooms and bathroom with W.C.

Second Floor

Flat Two

Entrance hall, kitchen/living room, three bedrooms and bathroom with W.C.

Third Floor

Flat Three

Entrance hall, living room, kitchen, three bedrooms, bathroom (no W.C.) and cloakroom with W.C.

Outside

Yard to rear.

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

North Devon Council. Tel: 01271 388288. Website: northdevon.gov.uk

Videos

Communal Area
Flat 1
Flat 2
Flat 3

Freehold with Vacant Possession

Residential EPC: E
Commercial EPC: D