Barnstaple, Devon
£140,000
- Town Centre Freehold Investment Opportunity
- Two Lock Up Vacant Retail Units
- Generally well presented throughout
- Two First Floor Flats sold away on long leasehold basis
- Ideal Investment or for Business Owner Occupation
Tenure: Freehold
An excellent investment opportunity to acquire this two storey mid terrace character commercial property briefly comprising two self-contained lock-up retail units being located along a thriving trading street within the heart of Barnstaple’s Town Centre.
You will be also acquiring the Freehold to the whole of the building with the two, first floor flats being sold away on a long leasehold basis. Investors will be drawn to the reversionary interest timescale of the leases due to ever-diminishing years of the leases (refer to legal pack fro further information).
Barnstaple is the main town of North Devon and possibly the oldest borough in the United Kingdom and offers a real attraction to new investment and opportunity with lots of ongoing regeneration.
Accommodation Ground Floor
No 18: Open Plan retail area, office room, storage room. utility area, WC - 55.76sqm (600 SqFt). Trading Area of 81 sqm (878 SqFt).
No 19: Open Plan retail area, utility area, WC - 81sqm (878 SqFt).
FIrst Floor
Two flats sold away on a long leasehold basis