78 Fore Street, Kingsbridge 2 bed flat for sale

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78 Fore Street, Kingsbridge 2 bed flat for sale

78 Fore Street, Kingsbridge
£160,000

Our Summary

  • The property is accessed from the alley and the entrance door enters to the ground floor hallway with access to one room which has potential to be a bedroom or office (all subject to planning) and a further access to a potential shower room
  • Stairs lead to first floor with further potential bedroom (subject to planning), WC and open plan living space with beautiful bay window
  • Planning was previously approved for a 2 bedroom flat but that planning would need to reinstated
  • The accommodation requires refurbishment to be completed subject to planning permission and building regulations
  • Once completed this accommodation could offer a rental potential

Description

This property is a unique opportunity to purchase a small commercial unit on Fore Street in Kingsbridge, a charming market town in the South Hams, an Area of Outstanding Natural Beauty. The property is located in a Grade II listed building and offers partly renovated accommodation above a commercial shop. The first floor features a potential bedroom or office, a shower room, and an open-plan living space with a beautiful bay window. The kitchen is fully fitted and brand new. The ground floor retail premises has a large main display window and good footfall, with a small kitchenette area and WC. The property also has a private parking space to the rear. The accommodation requires refurbishment, subject to planning permission and building regulations, and has the potential to offer rental income. The commercial space below was previously achieving £7,000 per annum. The property is freehold, with the second floor owned on a leasehold basis, and has a 3/4 liability for the main structure and 1/4 liability for the roof.
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