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Town Centre Shop With Flat And Bedsit For Sale

Barnstaple, Devon
Asking Price:
£220,000
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

The property has a return frontage from Boutport Street to the High Street and is in a strategic location, ideal for passing trade. The ground floor premises offer approximately 330 sq ft on the retails space with double fronted windows and to the rear a stock room of some 98 sq ft plus access to an inner hallway. Beyond that there are three storage rooms 839 sq ft. This rear single storey extension has potential to convert to cottages subject to planning permission. The upper floor above the main shop comprises of one 1 bedroom self-contained apartment and one 1-bed sit. In the past the apartment has been let on a short-term tenancy agreement of £450 per calendar month and the shop at £350 per calendar month. The whole premises will be offered with vacant possession and is considered ideal for owner’s accommodation or acquisition by an investor.

Property information

Property:

Freehold

Living Accommodation:

The upper floors comprise of a one bedroom apartment and one bed-sit.

Location:

Located at the Northern end of the High Street on the junction of Boutport Street and the High Street, close to Mermaid Cross. The premises are in a most strategic position being seen by passing traffic on one of the main approach roads into the town centre. Nearby traders include Iceland and a few yards away via the High Street is Primark. Barnstaple is North Devon's regional centre having a population in the region of 35,000 inhabitants, boosted during the summer months with an influx of tourists. It serves as the main regional retail centre for the surrounding rural hinterland with a population in excess of 130,000 inhabitants. The town is therefore North Devon's main commercial centre and attracts many thousands of tourists and shoppers throughout the year.

Energy Performance Rating:
C

Contact Information

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