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

>

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

Gold Street, Tiverton, Devon, EX16
£330,000

Our Summary

  • This is currently allocated to the maisonette but for future commercial tenancies could be allocated to the shop which would widen the scope of commercial use – a café or similar perhaps (subject to planning)
  • Great investment opportunity

Description

This freehold property in Tiverton offers a rare investment opportunity with a shop and maisonette returning an annual income of £29,940. The shop, with a gross yield of 9%, is located in a prime trading area with high foot and vehicular traffic. The property has been completely renovated and features a large frontage with advertising display space, a kitchenette, storage, and a cloakroom. The maisonette, with independent private access, is arranged over three floors and offers a roof terrace, a large bathroom, and three double bedrooms. The property benefits from a current rental income of £29,940 per annum, making it an attractive investment opportunity for those looking for a high-yielding commercial property.