High Street, Crediton, EX17 Property for sale

>

High Street, Crediton, EX17 Property for sale

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, constructed in the 1800s, features brick elevations, timber framed windows, and a multi-pitched slate roof. The ground floor is occupied by a Costa Coffee franchise, which is fitted out with a large open-plan retail area, serving counter, and kitchen/staff area. The first floor is used for storage, with a restricted ceiling height in one area, and the second floor is inaccessible due to a removed staircase. The property has a small yard to the rear and fronts the pavement, with no parking included. The lease, which expires in 2027, may continue subject to terms and conditions.