OVERVIEW

An attractive early 1900's 'mixed use' investment property set within a conservation area just off the town square. The ground floor is currently vacant and requires refurbishment work. The first floor is let under an AST and produces a yield of £5,940 pa gross. We believe the potential total yield if approx. £12,000 once improvements have been carried out. The shop front and main door were recently replaced as per conservation area standards. There may be potential for a change of use of the ground floor and basement areas to residential accommodation subject to planning permission.

Tenure

Freehold

GROUND FLOOR

SHOP 23' 8" x 15' 3" (7.23m x 4.66m) SHOP FRIDGE AREA 15' 1" x 5' 6" (4.60m x 1.70m) SHOP PREPARATION ROOM 16' 10" x 11' 1" (5.15m x 3.40m) With staircase to basement, door to toilet and door to: RECEPTION ROOM 11' 11" x 11' 7" (3.64m x 3.54m) With connecting door to hallway leading to first floor.

BASEMENT

AREA ONE 14' 4" x 10' 9" (4.37m x 3.29m) AREA TWO 11' 6" x 8' 11" (3.51m x 2.74m) Incorporating a modern hot water tank for the whole property situated beneath the basement staircase.

OUTSIDE

The property benefits onto the local churchyard and at the rear of the property is a small single storey outbuilding for storage.

FLAT ACCOMMODATION

Access via external door to side of shop leading to hallway. Radiator, staircase to first floor.

FIRST FLOOR

Radiator, staircase to second floor and doors to: BEDROOM 12' 4" x 11' 5" (3.77m x 3.50m) With window and radiator. LIVING ROOM 15' 8" x 12' 9" (4.80m x 3.91m) With window and radiator. BATHROOM 9' 1" x 4' 11" (2.78m x 1.50m) With bath, wash basin, shower cubicle with electric shower unit fitted, radiator, obscured glazed window. BEDROOM 12' 10" x 8' 9" (3.92m x 2.67m) Window and radiator. KITCHEN 11' 2" x 8' 0" (3.42m x 2.44m) With window, radiator, basic kitchen units. TOILET Toilet, wash basin, radiator, obscured glazed window.

SECOND FLOOR / LOFT AREA

ROOM ONE 21' 3" x 12' 1" (6.48m x 3.70m) With Velux style window and connecting door to: ROOM TWO 12' 7" x 9' 10" (3.85m x 3.02m) With Velux style window.

VIEWINGS

There will be regular viewing sessions in the lead up to the auction. Please telephone Auction House Devon and Cornwall T: 01392 455928 to arrange a viewing.

SOLICITORS

Helda Roberts & Co, 58 - 60 The Square, Chagford, Devon, TQ13 8AE Attn: David Floyd - Walker T: 01647 433161 E: heldaroberts@chagford.biz

FULL DETAILS

Photographs, room dimensions, floor plans and area measurements (when available) are included within our full details online at www.auctionhouse.co.uk. All published information is to aid identification of the property and is not to scale.

Energy Efficiency Rating (EPC)

Current Rating Flat - 53 / Band E, Shop - 82 / Band D

Local Authority

West Devon Borough Council

Additional Fees

Administration Charge - £600 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.