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High Street, Crediton, EX17 Property for sale
High Street, Crediton, EX17
£285,000
High Street, Crediton, EX17
£285,000
Our Summary
- The first floor is used for ancillary storage purposes only, and the majority of this is vacant and in need of updating
- This area has had no recent refurbishment and we consider the use of this area would be limited to storage only given the restricted head height without further works being done
- We have assumed that it is in a similar condition to the remainder of the upper floors and requires refurbishment
- Commercial investment opportunity
- Further development potential
- Further floors in need of updating
Description
This mid-terraced commercial building on Crediton's High Street is being sold by private treaty. The property, built in the 1800s, has a mix of original and extended features, including brick elevations, timber-framed windows, and a multi-pitched slate roof. The ground floor is currently occupied by a Costa franchise, which has a lease until 2027, and is fitted out with a large open-plan retail area, kitchen, and customer WC's. The first floor is used for storage, with the majority being vacant and in need of updating. The property also has a small yard to the rear and is situated in a conservation area. The total floor area is approximately 4,714 sq ft, and the rateable value is £25,500. The property is being sold as a freehold, with no listed status.