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Mixed-use property with shop and two flats

Newton Abbot, TQ12 - Get Access

Description

The building is approximately 2,447 sq ft gross internal over ground, first and second floors, with a loft above. The ground floor shop is let to Wellbeing in Action, a registered charity, on a periodic tenancy at a rent presently below market to reflect the tenant's charitable status. Let on a periodic year to year tenancy. Notice has been served to the tenant and the shop will be vacant upon completion. Flat 1 on the first floor is let on an assured periodic tenancy at £600 per calendar month. Flat 2 on the second floor is available with vacant possession. Two further parts of the building are vacant. The rear offices at the rear of the property has its own access from the rear and do not form part of the charity's lease. They are currently being used for temporary storage. They comprise two rooms with a kitchenette and w.c. and would potentially suit letting as a self-contained office suite at an estimated rent £350 per calendar month. On the first floor, the bedsit has its own kitchen area (sink, water heater and base cupboards) and w.c. but no shower. Fitted out with one, it could potentially let at around £500 per calendar month, or alternatively it could be let as a small self-contained office at approximately £250 per calendar month. Ground floor: Shop, office suite to the rear. First floor: 1 bedroom flat comprising living room/kitchen, bedroom, bathroom. Studio/bedsit comprising living room with kitchenette, separate w.c. and was hand basin, there is currently no shower. Second floor: 2 bedroom flat comprising living room with kitchen, 2 bedrooms, bathroom.