Shop for sale
Property description & features
- Tenure: Freehold
- DETAILED PLANS AVAILABLE SHOWING A FUTURE DEVELOPMENT OF 9 RESIDENTIAL UNITS AND 1 SHOP
- Prime town centre shop
- Purpose built in the 1960’s
- Retail space over two floors
- Would suit an owner occupier or an investor
- Circa 4,500 sq ft in total
- Great opportunity purchase
In the heart of South Molton next to the George Hotel and a few yards from the ever popular Pannier Market, this shop is in a prime pitch. The town has a population in excess of 5,000 inhabitants and serves the surrounding rural hinterland. It is readily accessible via the North Devon Link Road to Junction 27 of the M5 motorway, where there is a main rail station at Parkway with access to London. Barnstaple the region’s main commercial town is around 10 miles away to the North and South Molton is on the southern fringe of Exmoor National Park.
THE PROPERTY
This property was built as new in the 1960's with a steel frame on two floors, the ground and first floor are used for retail with three further rooms on the second floor at the front, ideally suitable as offices or private accommodation. The property has been owned by the same family for many years and was originally a TV store.
The property has been let in recent years to a charity shop. The premises are now vacant.
The property will suit an investor or could suit as retail premises, offices or even as a mini supermarket express store.
In all this is a large purpose built retail store offering around 4,500 sq ft over three floors.
AGENTS NOTE
To the rear is a large garage and car park area with plans drawn up to develop into 4 cottages. A copy of the proposed residential development plans are available upon request.
This is subject to obtaining planning permission.
From our Webbers offices in South Molton, the premises are directly across the road next to the George Hotel on one side and Spar on the other.
Rooms
SERVICES AND UTILITIES
Mains electricity, water and drainage.
We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
VIEWING
Strictly by appointment through the selling agents.
RATEABLE VALUE
£21,500 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.
WANT TO KNOW MORE?
We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding.
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*DISCLAIMER
Property reference BAR240229. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Webbers - South Molton.
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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