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£270,000

(£132.02/sq. ft)

Retail premises for sale
West Street, Okehampton EX20

    • 2,045 sq. ft

Under offer
Available immediately
Freehold
Added on 17/06/2025

About this property

  • Close to the town centre

  • Established Business In Situ

  • No chain

  • Development Potential

  • Train links to Exeter

  • 6 Bedroom accommodation

Description

A rare opportunity to acquire a successful and long running business located in Okehampton, nestled on the Northern fringe of Dartmoor. There is an existing business that is trading as a successful news agency with shop and paper round. All of which are generating a good turnover (details can be provided).
There is also accommodation, storage and a double garage. The living space offers potential for conversion into flats or equally could be refurbished to create a lovely over work accommodation.

Tenure: Freehold

Description

The property offers circa 200sqm of commercial and living space. Overall the property has benefitted from a variety of building work in recent years. It could do with a general refurbishment or would require some larger works should a conversion be considered.
Equally the property still runs as a successful newsagents and would suit an owner occupier.

Shop Floor

Currently a news agency. With a variety of rooms currently offering:
Shop space 7.4m x 4.3m, Rear store room 5.2m x 4.7m, rooms to rear 3.8m x 3.3m and 3.3m x 3.3m.

First Floor

Accessed from an internal staircase to the rear of the shop and with access from London Close.

Kitchen/Diner (2.6m x 4.6m)

Bedroom 1 (4.3m x 4.4m)

Bedroom 2 (3.1m x 4.2m)

Bathroom

Second Floor

Offering the following:
Bedroom 3: 4.5m x 2.5m, bedroom 4: 4.6m x 4.4m, bedroom 5: 2.8m x 2.5m, bedroom 6: 5m x 2.8m.

Outside

There is pedestrian and vehicular access to the side and to a double garage. There is limited courtyard space.

Agents Note

The property is being sold either as a going concern with a purchase price of £220,000 for the building and £50,000 for the business. Accounts for the business and paper round are available by request. All stock will be at valuation.
For details on the accounts please email

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Monthly repayment

£1,350 per month

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