Freehold Retail Investment for Auction Tiverton EX16

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Auction date: Thu, 21/11/2024 - 10:00

Guide Price £395,000. A mid-terraced building of traditonal construction arranged over ground, first and second floors. LET untol 2033. Producing £40,000 per annum. The building was recently refurbished and is arranged as retail and ancillary accommodation at ground floor level and additional ancillary accommodation at first and second floor levels. The upper floors may offer future alternative use potential, subject to obtaining the necessary consents. The second floor is currently derelict & is subject to a schedule of condition. Externally there is a small parking area to the rear. Tiverton is an historic market town and the administritive centre for Mid Devon lying approximately 14 miles north of Exeter, 21 miles south west of Taunton and 68 miles south west of Bristol. The town can be accessed via the A396 and A361, which links with the M5 motorway at junction 27 approximately 6 miles to the east. 

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