Retail property (high street) for sale
Property description & features
- Tenure: Leasehold (998 years remaining)
- Lock Up Commercial Shop unit
- 10 Year Build Safe Warranty
- Central location
- High specification finish
- Investment opportunity
- Potential rental income £800 pcm or £9600 p.a.
- Potential gross yield excess 7%
An exceptionally smart shop unit situated in the centre of the town; Gold Street is often referred to as Tivertons "cafe quarter", offering an individual and boutique shopping experience.
The development has been completed by the well regarded "Challenges Properties Ltd" who have a reputation for high quality and attention to detail.
The build of Tamara Court has been carefully considered, time being taken to select the right eco-friendly materials and construction techniques resulting in a thermally efficient building throughout.
The shop unit is triple glazed, measures 52m² and is situated in an excellent trading area.
The historic town of Tiverton has plenty to offer and is very well placed for excellent transport links, with a mainline train station at Tiverton Parkway alongside Junction 27 of the M5 motorway. Exeter is found further south, with an international and internal Airport.
Build Warranty:
Each property will be sold with a 10 year 'BuildSafe' building warranty. Further information can be supplied upon request.
Potential Rental Income:
£800 pcm or £9600 p.a.
Services:
Mains electricity, water, and drainage.
Tenure:
If purchased individually each property will be held on a 999 year lease. On completion of the final sale, the freehold will be transferred to the residents.
Business Rates:
TBC
Local Authority:
Mid Devon District Council -[use Contact Agent Button]
Property information from this agent
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Energy Performance data and Internal floor area
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