East Street, South Molton, Devon, EX36

Ground floor double fronted retail premises, former shop located in prominent town centre position with return.


In the centre of South Molton, 2 East Street is a double fronted shop, providing a great investment opportunity. The accommodation is on ground floor level and had been well maintained by the current occupiers, therefore a blank canvas for future occupiers. The shop is double fronted and benefits from high ceilings and large bay windows providing additional light sources. There is a storage cupboard with wash hand basin and shelving.
TERMS The property is available for sale freehold at a guide price of £55,000. We are advised the property is not registered for VAT, therefore VAT will not be payable on the purchase price.
BUSINESS RATES & COUNCIL TAX The premises have a current rateable value of £5,700 per annum. Interested parties should make their own enquiries with the Local Authority to ascertain the rates payable. 100% Small Business Rates Relief is available to some occupiers where rateable values are less than £12,000 per annum. North Devon Council— Council Tax Band B.

Services
Mains electricity, water and drainage are connected to the property.

The bustling market town of South Molton is well situated within North Devon, enjoying easy access from the A361 link road and providing a good range of local services, including shops, recreational facilities and primary and secondary schooling. The larger centre of Barnstaple to the north west affords an extensive range of commercial, recreational and educational facilities, befitting those of an important regional hub and including both local and national high street shops, post office, restaurants, public houses, a leisure centre, cinema and theatre. South Molton is surrounded by picturesque North Devon countryside which provides a wealth of outdoor activities including walking, horse riding, cycling, sea, coarse and game fishing, and golf courses at High Bullen, Libbaton, Portmore and Saunton. To the north the Exmoor National Park offers beautiful moorland scenery with many foot and bridle paths, whilst the stunning North Devon coast is easily accessible, with popular sandy beaches at Instow, Saunton Sands, Croyde Bay, Putsborough and Woolacombe.