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Investment opportunity for sale in Chudleigh

5 Fore Street, Chudleigh, Newton Abbot TQ13 0HX
For sale
£240,000 Guide Price
AUCTION PROPERTY

COMMON USE CLASS: A1 Shops, B1 Business, C3 Dwelling Houses

247-property-auctions
This property is marketed by:
247 Property Auctions

Auction end 21st Jun at 12:00

Description

An attractive and sustainable  investment opportunity to acquire this characterful, two storey mid terraced mixed-use property.

Located in the heart of this vibrant town centre, convenient to nearby Exeter, the property enjoys a a prominent, high visibility, high footfall position and is currently yielding gross rents reserved of c.£24,000 per annum.

The property has accommodation across three floors with a retail shop, a hairdressing salon with residential accommodation, and 3 serviced offices.

It offers prospective purchasers maximum flexibility and options for future development, reconfiguration and uses etc subject to necessary consents.

Tenure

Freehold subject to tenancies.

Accommodation

Ground floor; Barbers Shop, retail shop, access to two bedroom maisonette.

First floor; Offices, communal kitchen, WC.

Second floor; Large Office.

Important Information

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum (if applicable), which will be available on Auction Day.

Auction Legal Pack & Finance

Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page. It is the purchaser’s responsibility to make all necessary legal, planning and finance enquiries prior to the auction.

Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve price (a figure below which the Auctioneer cannot sell the Lot during the Auction). This reserve figure cannot be higher than 10% above a single figure guide.

 


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