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Retail/Shop For Sale, Kingsbridge

Retail/Shop in Kingsbridge
Retail/Shop in Kingsbridge
Retail/Shop in Kingsbridge
Retail/Shop in Kingsbridge

Property ID: 156455

£650,000 Freehold

45-47,Fore Street, Kingsbridge, TQ7 1PG

Type Retail/Shop
Status Available
Size 1,839 sq ft

Key Features

  • Quality Mixed use investment opportunity
  • Prime location in Kingsbridge Town Centre
  • Two well-proportioned retail units let to a great covenant until 2033
  • Two spacious well-presented first floor flats
  • Communal rear courtyard utilized by all occupiers
  • Total combined income £49,000 per annum.
  • Freehold asking price £650,000 reflecting a blended net yield of 7.10% after purchaser costs.
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Description

An Excellent Opportunity To Acquire This Superb Well-proportioned Mixed-use Investment Located In A Prime Position In The Centre Of Kingsbridge Town. The Two Ground Floor Retail Units Are Occupied By Oxfam With Two Sizeable Residential Flats Above, A One-bedroom Flat And An Exceptionally Good Size Two Bedroom With Accommodation Arranged Over Two Levels. The Flats Are Accessed Via A Communal Passageway Which Runs In Between Both Retail Units. To The Rear Of The Properties There Is A Large Courtyard Area Which Is Utilized By Both The Shop And Flat Occupiers. We Are Advised By Our Clients That A New Roof Was Installed In 2021.
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Stratton Creber Commercial- Plymouth
Stratton Creber Commercial- Plymouth View all properties

Property ID: 156455

Retail/Shop For Sale, Kingsbridge
£650,000 Freehold

45-47,Fore Street, Kingsbridge, TQ7 1PG

Retail/Shop · Available · 1,839 sq ft

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Stratton Creber Commercial- Plymouth
Stratton Creber Commercial- Plymouth View all properties
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Stratton Creber Commercial- Plymouth
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