Lot 57: COMMERCIAL INVESTMENT WITH TWO VACANT FLATS

A substantial five storey property situated within the popular town of Tiverton and arranged as a ground floor commercial unit, currently trading as nail salon, together with two well proportioned self-contained flats on the upper floors and a basement flat (sold on a long lease).

The property requires some improvement works and individuals may consider enlarging the living space of flat two by utilising the attic rooms, subject to all the necessary consents being obtainable.

Commercial

Ground Floor

Shop floor and separately accessed treatment room, kitchenette and W.C.

Tenancy

Holding over under the terms of a commercial lease from 18th December 2018 at a current rental of £4,000 per annum.

Residential

Flat 1

First Floor

Kitchen, living room and bedroom with walk in wardrobe. Shower room with W.C.

Flat 2

Second Floor

Kitchen, living room, bedroom and bathroom with W.C.

Third Floor

Landing and two attic rooms

Basement

Self-contained flat independently accessed.

Tenure (Basement Flat)

Sold on a 999 year lease from 8th November 2010. Further details will be available in the legal documentation, available to download from the Clive Emson website.

Local Planning Authority

Mid Devon District Council. Tel: 01884 255255. Website: middevon.gov.uk.

Freehold with Part Vacant Possession

Residential EPC: E
Commercial EPC: E

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