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Former B&B With Ongoing Council Accommodation Use For Sale

Tiverton, Devon, UK
Asking Price:
£49,950
Turnover:
Undisclosed
Net Profit:
Undisclosed

Tiverton is the largest town in Mid Devon and occupies an increasingly important position within the county, benefiting from excellent road, rail and regional transport links. The town is situated approximately 14 miles North-East of Exeter and is strategically positioned close to the M5 motorway at Junction 27, providing direct access to the wider regional and national road network.

The A361 North Devon Link Road provides a direct route from Tiverton towards Barnstaple and North Devon, while the A396 provides links south towards Exeter and the wider Devon road network. Exeter is approximately a 20–25 minute drive, with Taunton around 25 miles to the north-east and Barnstaple approximately 25 miles to the north-west.

Tiverton itself provides a comprehensive range of retail, leisure, professional and commercial facilities and serves a wide surrounding rural catchment. Its combination of proximity to Exeter, direct motorway access, North Devon connectivity and mainline rail services makes it an attractive location for both businesses and occupiers seeking accessibility across Devon and the wider South West.

Our Ref: CD-20204
Versatile leasehold opportunity in Tiverton
Former B&B with ground floor bar/ restaurant space
1-bed managers flat with converted garage rooms
10 letting rooms all currently accommodating council tenants
Consistent turnover of £150,000+ PA
Large rear patio and car park
Potential to revert back to B&B or retain lucrative council relationship
EPC rating D

  • LH Price: £49,950
  • Rent: £42,000 per annum

Property Information

Property:

Leasehold