Property for sale

We are delighted to offer the Freehold interest of this impressive Grade II listed building occupying a central position within Bideford. The property comprises commercial premises (business unaffected) on the ground floor along with 3x self-contained flats occupying the first and second floors. All currently let, the property generates a healthy income circa £24,000pa. Having been well-maintained by the current owner, this is an excellent "turn-key" investment opportunity in the heart of the town.

The port town of Bideford offers residents a wide range of facilities including a number of locally owned and operated shops and stores, a post office, a number of banks, a medical centre, cafes, restaurants and public houses, primary and secondary schooling along with other leisure pursuits. The idyllic coast is close to hand with the quaint fishing village of Appledore and glorious sandy beach at Westward Ho! within a short drive and connected by a regular bus service. The ever-popular coastal village of Instow is also a short distance away along the Tarka Trail and is renowned for it's estuary beach and sand dunes, popular with families and dog walkers alike. Also boasting a popular delicatessen, award-winning restaurants, Yacht Club and a pedestrian ferry to Appledore in the summer months. Further tourist locations of Croyde, Woolacombe, Ilfracombe, Hartland and Bude are all within 1hrs drive.

There are also good transport links to Barnstaple, the regional centre, which provides High Street shopping, a rail link to Exeter and convenient route to the M5 motorway via the North Devon Link Road.

In brief, the property comprises a spacious commercial unit on the ground floor with a large store to the rear. There is a communal entrance off the High Street which provides access to the flats along with access to a rear courtyard.

The first floor provides access to each of the flats, with additional stairs to the top floor flat. The accommodation of each flat comprises 2 bedroom, a kitchen, lounge/diner and shower room. All well-presented throughout.

The commercial unit is currently rented (business unaffected) and each of the flats are let on assured shorthold tenancy agreements. In all generating circa £24,000pa with scope to review.

Ground Floor -

Shop - 10.30m max x 5.79m narr. to 3.52m (33'9" max x 18 -

Rear Store - 9.73m x 2.41m (31'11" x 7'10" ) -

Communal Entrance -

First Floor -

Flat 1 -

Hallway -

Kitchen - 3.32m narr. to 2.31m x 2.29m (10'10" narr. to 7'6" -

Lounge - 4.86m x 3.40m (15'11" x 11'1" ) -

Bedroom One - 4.86m x 2.64m (15'11" x 8'7" ) -

Bedroom Two - 3.82m x 2.28m (12'6" x 7'5" ) -

Shower Room -

Flat 3 -

Entrance Hall -

Lounge/Diner - 4.55m x 2.41m (14'11" x 7'10") -

Kitchen - 3.15m x 1.67m max (10'4" x 5'5" max) -

Inner Hall -

Bedroom One - 4.42m x 3.04m (14'6" x 9'11" ) -

Bedroom Two - 4.48m x 1.62m (14'8" x 5'3") -

Shower Room -

Second Floor -

Flat 2 -

Entrance Hall -

Lounge/Diner - 5.24m x 4.15m (17'2" x 13'7" ) -

Kitchen - 3.62m x 2.14m (11'10" x 7'0") -

Bedroom One - 4.79m x 3.06m (15'8" x 10'0") -

Bedroom Two - 4.78m x 3.03m (15'8" x 9'11") -

Outside - To the rear of the building is a small courtyard and outside W.C. This is accessed off the communal entrance and FLAT 3.

Vat - Payable, if applicable, at the prevailing rate.

Viewings - Viewings strictly by appointment through Phillips, Smith & Dunn. At least 24hrs notice will be required.

SERVICES - All mains connected.
TENURE - Freehold
EPC - FLAT 1: C / FLAT 2: D / FLAT 3: D
COUNCIL TAX - FLAT 1: Band A/ FLAT 2: Band A / FLAT 3: Band A
RATEABLE VALUE - Current: £5,300.00 / 1st April: £5,900.00 (Currently Benefitting from Small Business
LOCAL AUTHORITY - Torridge District Council