Property for sale

5 Fore Street, Topsham, Exeter, Devon EX3

Investment or occupation opportunity comprising retail unit on the ground floor plus separate 2-bed maisonette

Prominent trading position in popular and affluent town on edge of Exeter

Well-maintained and well-presented building

Offered vacant, but previously let to two tenants with total rental income of £33,500 p.a.

Garden area to the rear

Topsham is a small town on the edge of the city of Exeter and overlooking the River Exe estuary. It has a resident population of circa 5,000 and is situated about 4 miles from Exeter served by a regular bus and train service.

The town is both an affluent residential area and a popular visitor destination with a range of independent retailers, pubs, restaurants and a museum.
There is on street parking and two pay-and-display car parks close by.

The property comprises a Grade II Listed three storey mid-terraced building arranged as a ground floor retail unit plus maisonette on first and second floors (separately-accessed but with shared lobby).
The ground floor shop is currently let to a local business which trades as a laundry, but will be offered with vacant possession.

The maisonette is well-appointed and comprises two double bedrooms, two bathrooms, living room and kitchen, plus basement storage.
The property includes an enclosed rear garden which has a gate giving access from the public car park to the rear.

VAT is not chargeable to the purchase price.

Each party to bear their own legal costs in the transaction.

Shop: D (85)
Maisonette: D (57)