2 bed Flat For Sale £170,000
Retail space on Fore Street with accommodation above which has been partially renovated requiring completion. Kingsbridge town centre and private parking space.
Description
An interesting opportunity to purchase a small commercial unit on Fore Street Kingsbridge in a grade ii listed building with partly renovated accommodation above. The property comprises;
First floor Flat:
Entrance door into ground floor. Door to office space, and shower room.
Stairs lead to first floor with further room, WC and open plan living space with beautiful bay window.
The kitchen is fully fitted and brand new and includes oven, hob and extractor.
Shop:
Ground floor retail premises. Large main display window and good footfall. Previously used as a Letting agency, and benefits from small kitchenette area and WC.
Rateable value - £6200 with £0 business rates to pay with business rates relief.
The property also has a private parking space.
The accommodation requires refurbishment to be completed to current building regulations and requires building completion certificate. Once completed this accommodation could offer a rental potential. The commercial space below was previously achieving £7000 pa.
The property also has a private parking space.
We are advised by the current owner that the property is freehold, with the second floor flat above owned on a leasehold basis.
As such, the freehold has a 3/4 liability for the main structure and 1/4 liability for the roof.
Services:
Mains water, sewerage and electric
EPC;
Flat rating - E
Shop rating - C
Council Tax:
Tbc
Description
An interesting opportunity to purchase a small commercial unit on Fore Street Kingsbridge in a grade ii listed building with partly renovated accommodation above. The property comprises;
First floor Flat:
Entrance door into ground floor. Door to office space, and shower room.
Stairs lead to first floor with further room, WC and open plan living space with beautiful bay window.
The kitchen is fully fitted and brand new and includes oven, hob and extractor.
Shop:
Ground floor retail premises. Large main display window and good footfall. Previously used as a Letting agency, and benefits from small kitchenette area and WC.
Rateable value - £6200 with £0 business rates to pay with business rates relief.
The property also has a private parking space.
The accommodation requires refurbishment to be completed to current building regulations and requires building completion certificate. Once completed this accommodation could offer a rental potential. The commercial space below was previously achieving £7000 pa.
The property also has a private parking space.
We are advised by the current owner that the property is freehold, with the second floor flat above owned on a leasehold basis.
As such, the freehold has a 3/4 liability for the main structure and 1/4 liability for the roof.
Services:
Mains water, sewerage and electric
EPC;
Flat rating - E
Shop rating - C
Council Tax:
Tbc
