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Property for sale
50 Fore Street, Devon, EX16 6LD
£395,000
50 Fore Street, Devon, EX16 6LD
£395,000
Our Summary
- 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
- Online Auction on Thursday, 21 November 2024
Description
The property is a mid-terraced building in Tiverton, a historic market town in Mid Devon, with a mix of retail and ancillary accommodation over three floors. The ground floor is currently used for retail, while the first and second floors offer additional ancillary space, with potential for alternative use subject to necessary consents. The building was recently refurbished and is occupied by a company that has taken over several stores from Edinburgh Woollen Mill, with a reported turnover of £27.42 million and pre-tax profit of £100,000. The property is located on Fore Street, a prime shopping thoroughfare in the town centre, near other notable occupiers such as WH Smith and Boots.