Guide price
£325,000
Property for saleFore Street, Tiverton EX16
Just added
Freehold
About this property
Prime Town Centre Freehold
Excellent High Yielding Investment Potential
Currently 3938 Sq Ft
Full Planning for Mixed Use Development
Potential Multiple Unit Income Stream
Building Stripped Out to Shell
Excellent M5 & Tiverton Parkway Access
Exeter 15 Miles
Council Tax/Business Rates tbc
Freehold
A prominent town centre freehold building with planning for a high yielding mixed use development. Freehold.
Situation
Located in the prime central area at an intersection with high levels of foot traffic, the property has all the town centre amenities and employment within walking distance. Tiverton enjoys a high level of accessibility with the A361 North Devon Link Road, M5 Junction 27 and Tiverton Parkway Station 7 Miles. Further afield, Exeter is 15 Miles and Taunton 21 Miles.
Description
A former Barclays bank building, now stripped out and ready for re-development and offering full planning permission to convert into a high yielding mixed use investment. The current proposal provides 2 commercial units, 4 studio apartments and 1 six bedroom HMO with an estimated gross anual income fully let at approximatley £105,000 plus potential solar pv savings/income. Planning reference: 25/01440/full. Please contact the agents for plans and supporting information.
There is also plenty of potential for other uses and development plans subject to the required consents.
Services
Mains electricity, water and drainage.
Ofcom predicted broadband services - Standard, Superfast & Ultrafast available
Local Authority: Mid Devon District Council. Tiverton Conservation Area.
Directions
What3Words: ///relax.goat.less
Google Drop Pin:
Situation
Located in the prime central area at an intersection with high levels of foot traffic, the property has all the town centre amenities and employment within walking distance. Tiverton enjoys a high level of accessibility with the A361 North Devon Link Road, M5 Junction 27 and Tiverton Parkway Station 7 Miles. Further afield, Exeter is 15 Miles and Taunton 21 Miles.
Description
A former Barclays bank building, now stripped out and ready for re-development and offering full planning permission to convert into a high yielding mixed use investment. The current proposal provides 2 commercial units, 4 studio apartments and 1 six bedroom HMO with an estimated gross anual income fully let at approximatley £105,000 plus potential solar pv savings/income. Planning reference: 25/01440/full. Please contact the agents for plans and supporting information.
There is also plenty of potential for other uses and development plans subject to the required consents.
Services
Mains electricity, water and drainage.
Ofcom predicted broadband services - Standard, Superfast & Ultrafast available
Local Authority: Mid Devon District Council. Tiverton Conservation Area.
Directions
What3Words: ///relax.goat.less
Google Drop Pin:
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Monthly repayment
£1,625 per month
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