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Freehold Empty Retail Premises For Sale

Exmouth, Devon, UK
Asking Price:
£495,000
Turnover:
Available on request
Net Profit:
Available on request

Rare freehold empty retail premises with accommodation and outbuildings, valuable exmouth town centre trading position, overs lucrative development and investment opportunity. Sought after position, fronting 'the strand' with its popular piazza, estuary views to the rear from the upper floors, surrounded by popular businesses, includes high street banks, catering establishments and the cinema, close residential areas, new residential developments and seafront.

Very deceptive spacious 4 storey property and substantial overall site, particularly versatile, offering numerous options to new owners. Currently provides ground retail premises with storage, vast self-contained owner's accommodation extending over 3 floors above, approaching 2,000 square feet, enjoying far reaching estuary views. Additional enclosed inner rear courtyard, 2 storey rear barn, enclosed rear garden and single garage enjoying valuable rear access.

Property in the same family hands in excess of 40 years, ripe for development in line with neighbouring properties subject to obtaining the necessary planning permissions. Scope to convert accommodation to flats, extend existing building, develop barn and/or construct new building to the rear to provide additional accommodation units which can attract substantial sale prices in view of location and views as has been seen nearby with the construction of a new apartment block.

Freehold £495,000ref: e/inv/dev34925n

Property Information

Property:

Freehold

Living Accommodation:

Accommodation Included.

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