78 Fore Street, Kingsbridge
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Investment opportunity
- Potential 8-9% yield
- Potential to renovate accomodation into 2 bedroom flat
- Open plan living space
- Retail space with large display window
- Town centre location
- Parking space
Description
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 of a first floor property and a commercial shop.
First Floor Accommodation:
The property is accessed from the alley and the entrance door enters to the ground floor hallway with access to one room which has potential to be a bedroom or office (all subject to planning) and a further access to a potential shower room.
Stairs lead to first floor with further potential bedroom (subject to planning), WC and open plan living space with beautiful bay window.
The kitchen is fully fitted and brand new and includes oven, hob and extractor.
Planning was previously approved for a 2 bedroom flat but that planning would need to reinstated. The expired plans for this are available so any potential buyer can view.
Ground Floor Premises:
Ground floor retail premises with large main display window and good footfall. Previously used as a Letting Agency, and benefits from small kitchenette area and WC.
Rateable value - £5900 with £0 business rates to pay with business rates relief.
The property also has a private parking space to the rear.
The accommodation requires refurbishment to be completed subject to planning permission and building regulations. Once completed this accommodation could offer a rental potential. The commercial space below was previously achieving £7000 PA.
We are advised by the current owner that the property is freehold, with the second floor property 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 & Further Information:
Tenure: Freehold with second floor owned on a leasehold basis.
Services: Mains Water, Sewerage and Electric Heating.
EPC: Shop rating - C
Accommodation Rating - E
Council Tax: TBC
Broadband Speeds: Superfast Available with speeds up to 80Mbps (Openreach)
Brochures
Brochure 1Brochure 2- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- LISTED PROPERTYA property designated as being of architectural or historical interest, with additional obligations imposed upon the owner.Read more about listed properties in our glossary page.
- Listed
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Off street
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- No wheelchair access
78 Fore Street, Kingsbridge
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Ivybridge Station9.3 miles
About the agent
Kingsbridge Estate Agents Ltd, Kingsbridge
107 Fore Street, Kingsbridge, TQ7 1AB
The property specialists for Kingsbridge and surrounding villages.
Making the customer at the heart of everything we do, our priority is to provide a tailor-made service to each of our clients, delivering exceptional standards and exceeding your expectations.
With over 12 years working within the property sector, Kingsbridge Estate Agents brings a fresh approach to the sector. With honest house appraisals (no overvalued, unsold properties here), clear and upfront fe
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference S996051. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Kingsbridge Estate Agents Ltd, Kingsbridge. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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