Commercial property for sale in Ottery St Mary, Devon EX11
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Property description
Mixed freehold investment property opportunity, popular and developing east devon town which continues to expand, within easy reach of exeter. Occupying valuable ottery st mary town centre location, situated on The Square, considered one of the best trading positions in the town, surrounded by other popular businesses, short walk from car parks and residential areas, new developments having been constructed.
Occupying a deceptive substantial site, comprising large retail unit and smaller inter-connecting retail unit (currently let as one), outbuildings, yard area, and parking. Self-contained 2 double bedroom flat above to include kitchen/diner, sitting room, shower room, cloakroom and attic room which lends itself to conversion. Additional spacious 2 double bedroom detached house complete with kitchen, sitting/dining room, bathroom and cloakroom together with patio area and car parking space.
All aspects of the site currently let, shop producing £12,250 per annum, flat £6,600 per annum, and house £10,800 per annum. Current total rent roll amounting to £29,650 per annum, potential to increase, the residential rents considered favourable, rental property in the town always in demand.
Freehold £495,000 Ref: INV35876N
For more information about this property, please contact
Everett Masson & Furby, EX11 on +44 1404 228955 * (local rate)
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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.