51 Boutport Street

MIXED COMMERCIAL & RESIDENTIAL INVESTMENT/DEVELOPMENT FOR SALE BARNSTAPLE DEVON

51 BOUTPORT STREET

BARNSTAPLE, NORTH DEVON EX31 1SH

PRICE: OIRO £200,000 FREEHOLD

¨     Town centre location

¨     Shop unit with 2 flats above

¨     Further development potential

DESCRIPTION

Located in the centre of Barnstaple opposite the Scott multi-screen cinema complex, 51 Boutport Street sits amongst a variety of local traders. The property comprises a ground floor of c.1300 sq ft, which may offer conversion potential to the rear (subject to planning permission). The upper floor comprises a 2- bedroom flat and a 1-bedroom flat, both with separate and independent access of the shop unit. To the rear is a garden of around 2470 sq ft (270 sq m) which may, subject to planning permission, offer scope for further development.

COMMERCIAL

Ground floor shop extending to c.1300 sq ft (120 sq m) comprising retail, storage, kitchen and WC facilities. It is felt the rear of the shop may have development potential.

RESIDENTIAL

Separately accessed from a side entrance:

FLAT 2

2-bedroom first floor flat with kitchen and bathroom.

FLAT 1

1-bedroom first floor flat with kitchen and bathroom.

OUTSIDE

To the rear is an extensive garden/back land with possible development potential.

RATES/COUNCIL TAX

Rateable Value: £13,000. Both flats Band A.

EPC RATING

Shop: C. Flat 1: D. Flat 2: C.

THE PROPOSAL

Our clients are inviting offers based upon £200,000. It should be noted that the flats were previously let on assured shorthold tenancies. The whole to be sold with vacant possession.

TERMS

All parties will be responsible for their own legal fees.