Shop for sale in Broad Street, South Molton, EX36

Key features

DETAILED PLANS AVAILABLE SHOWING A FUTURE DEVELOPMENT OF 9 RESIDENTIAL UNITS AND 1 SHOP
Prime town centre shop
Purpose built in the 1960’s
Retail space over two floors
Would suit an owner occupier or an investor
Circa 4,500 sq ft in total
Great opportunity purchase

Description

LOCATION
In the heart of South Molton next to the George Hotel and a few yards from the ever popular Pannier Market, this shop is in a prime pitch. The town has a population in excess of 5,000 inhabitants and serves the surrounding rural hinterland. It is readily accessible via the North Devon Link Road to Junction 27 of the M5 motorway, where there is a main rail station at Parkway with access to London. Barnstaple the region’s main commercial town is around 10 miles away to the North and South Molton is on the southern fringe of Exmoor National Park.

THE PROPERTY
This property was built as new in the 1960's with a steel frame on two floors, the ground and first floor are used for retail with three further rooms on the second floor at the front, ideally suitable as offices or private accommodation. The property has been owned by the same family for many years and was originally a TV store.
The property has been let in recent years to a charity shop. The premises are now vacant.
The property will suit an investor or could suit as retail premises, offices or even as a mini supermarket express store.
In all this is a large purpose built retail store offering around 4,500 sq ft over three floors.

AGENTS NOTE
To the rear is a large garage and car park area with plans drawn up to develop into 4 cottages. A copy of the proposed residential development plans are available upon request.
This is subject to obtaining planning permission.
From our Webbers offices in South Molton, the premises are directly across the road next to the George Hotel on one side and Spar on the other.

SERVICES AND UTILITIES

Mains electricity, water and drainage. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting

VAT

We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.

VIEWING

Strictly by appointment through the selling agents.

RATEABLE VALUE

£21,500 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.

WEBBERS DO NOT JUST SELL HOUSES

Established over 40 years ago our dedicated specialist Commercial Department deals in the sale and letting of all types of commercial property including Guest Houses, Hotels, Restaurants, Pubs, Holiday Complexes, General Businesses, Post Offices, Retail Businesses of all kinds, Shops, Offices, Investments and Industrial Premises. If this property does not suit visit our web site or call our office on .

WANT TO KNOW MORE?

We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding.

Brochures

Particulars

About the agent

Webbers Property Services, South Molton

The Square, South Molton, Devon, EX36 3AQ

South Molton is a bustling market town, set in the foothills of Exmoor National Park and it is only 12 miles from the regional centre of Barnstaple. With a long history and once the centre for the local wool trade, the town now provides a complete range of amenities including a supermarket, a post office, a health centres, a cottage hospital, a wide selection of independent shops and a twice weekly local market.

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