Land for sale in Ottery St Mary, Devon EX11
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Property description
Town centre development/investment property opportunity, occupying central position within the popular east devon town of ottery st mary, fronting a busy thoroughfare, just off ‘The Square’, close all amenities to include Boots the Chemist and Sainsbury’s supermarket, surrounded by popular residential areas.
A substantial and versatile corner sited property, very deceptive, extending over 3 floors, with additional buildings. Plans drawn for ground floor retail outlet and offices, plus first floor flat and second floor flat, with potential opportunity to develop the roof area, generating a substantial rent roll.
Main building currently configured to provide shop, offices, and storage, with additional detached building and courtyard. Current rent roll £14,664, scope to increase to £25,920 through development of the 2 flats, potentially more should development of the roof space be pursued.
Freehold £250,000 Ref: Inv/DEV35941N
For more information about this property, please contact
Everett Masson & Furby, EX11 on +44 1404 228955 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Everett Masson & Furby, and do not constitute property particulars. Please contact Everett Masson & Furby for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.