Gold Street, Tiverton, Devon, EX16 Mixed use for sale

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Gold Street, Tiverton, Devon, EX16 Mixed use for sale

Gold Street, Tiverton, Devon, EX16
£295,000

Our Summary

  • This would make a great tea garden or similar (subject to planning)
  • The property offers a potential rental income of approx

Description

This freehold shop and maisonette is located in the heart of Tiverton's town centre, offering a perfect trading position with high foot and vehicular traffic. The ground floor shop unit is approximately 100 square meters, with a kitchenette and storage in the basement, and a spacious garden at the rear. The shop has been fully renovated and features a large frontage with plenty of advertising display space. The maisonette above is a spacious four-bedroom property over three floors, with a roof terrace and access to the garden. The property offers a potential rental income of approximately £24,000 per annum, with a yield of almost 6.8%. The shop has a current rental income of £12,500 and the maisonette has a current rental income of £995 per month. The property is in excellent condition and is being sold freehold.
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