Property description
Property Description
This particular property in Bridge Street offers a lot of scope for those seeking a "lifestyle" change or a home with an income. In total the property offers five different income streams with the following properties falling within the freehold title.
Shop 1, currently being run as a successful newsagents with two storage rooms to the rear and a WC.
Apartment, accessed from the side of the property via wooden double doors. Living room, kitchen, two bedrooms and bathroom. Some modernisation is required.
Main house, kitchen/breakfast room, living room, four bedrooms and two bathrooms.
Annexe, a one bedroom cottage with living room, kitchen, bathroom, bedroom.
Shop 2, a self contained unit currently run as a small computer shop.
To the rear of the property there is a useful outbuilding that is currently used as a store for the newsagents. There are also courtyard gardens, a lawned garden and off road parking to the rear.
At present the current owner run the business themselves, whilst the remainder of the units are currently let with rents received of £21,000 per annum. There is a lot of scope with this particular property and an appointment to view is highly recommended.
Location
Set in the heart of Hatherleigh the property benefits from having an enviable trading position within the town. Within the town centre there is a mixture of thatched cottages and other retail units that include a post office, several public houses, a co-op mini market and other smaller traders. The market town of Hatherleigh is a bustling and vibrant market town and was mentioned in the Domesday Book and received a charter from Henry III in 1220 to hold a market every Tuesday, which it does to this day with a poultry and other stock market. Supporting an active community is a good selection of shops, a post office, a school, churches and pubs and a recently built community centre. Okehampton, on the A30 dual carriageway, one of the gateways to Dartmoor, it lies 7 miles to the south and provides a wide range of facilities and shops along with a choice of supermarkets including a Waitrose. Here there is secondary education that caters up to the age of eighteen. The Cathedral City of Exeter is less than 30 minutes by car from Okehampton.
To arrange an appointment to view this property call Godfrey Short & Squire on 01837 54504.
Shop 1
Currently run as a successful newsagents
Shop 1
37'9 (11.5m) Max x 23'0 (7m) Max. Bay windows displays to the front with glazed door to shop. Currently racked with relevant machinery in place for the current business. Counter area with door to rear storage/office rooms.
Shop 1
Shop 1
Store Room 1
9'2 (2.8m) x 6'11 (2.1m). With high level worktop for sorting of daily newspapers etc. Two rear aspect windows. Door to WC and to rear store room/office.
WC
With low level WC and wash hand basin.
Store Room/Office
9'10 (3m) x 12'2 (3.7m). Currently used as office space and storage. Connecting door to apartment stairwell. Door to rear courtyard.
Shop 2
16'5 (5m) Approx x 8'10 (2.7m). Front and side door. Front aspect bay window. Additional storage room to the rear. (Shop 2 is painted with a blue bay window).
Storage Room
13'1 (4m) x 10'6 (3.2m). Currently divided into two areas. One for general storage (housing oil fired boiler), the other for the shop. This particular outbuilding does offer scope for additional residential accommodation (subject to relevant planning).
Residential Accommodation
Apartment
A self contained apartment accessed from the courtyard. This would also make a useful owners accommodation as it can be accessed from the main shop if desired. The apartment does require some modernisation.
Entrance Hall
With turning staircase to first floor. Doors lead to.
Kitchen
12'10 (3.9m) x 9'10 (3m). Range of units comprising base cupboards, drawers and eye level work top surface with inset sink unit. Space for appliances. Airing cupboard. Side aspect window.
Bathroom
Matching suite comprising panelled bath, close coupled WC and wash basin. Window.
Living Room
15'5 (4.7m) x 12'2 (3.7m). Dual aspect to the front, TV point. Door to rear hall.
Rear Hall
With doors to.
Bedroom 1
9'6 (2.9m) x 8'10 (2.7m). Front aspect window, double wardrobe.
Bedroom 2
9'6 (2.9m) x 7'3 (2.2m). Rear aspect window.
Main House
Accessed from the courtyard via a covered porch.
Kitchen/Breakfast Room
14'5 (4.4m) x 9'2 (2.8m). Range of modern units comprising base cupboards, drawers and eye level units. Roll edge work top surface with tiled surround and inset sink unit. Tiled floor. Inset cooker, hob and extractor. Door to living room.
Living Room
18'8 (5.7m) Max x 13'1 (4m) Max. Side aspect window and french doors to courtyard. Radiator. Door to rear hall.
Rear Hall
Stairs to first floor landing.
First Floor Landing
Side aspect window, doors to.
Bedroom 2
13'1 (4m) x 9'2 (2.8m). Front aspect window, radiator and storage.
Bedroom 3
12'6 (3.8m) x 6'11 (2.1m). Front aspect window, radiator and storage.
Bedroom 1
14'1 (4.3m) x 10'10 (3.3m). Front aspect window and radiator.
Bedroom 4
12'6 (3.8m) x 8'10 (2.7m). Side aspect window and radiator.
Bathroom
Modern matching suite comprising panelled bath with shower over, close coupled WC and pedestal wash basin. Obscure glazed window and radiator.
Shower Room
Modern matching suite comprising shower cubicle, close coupled WC and wash basin. Obscure glazed window, radiator.
Annexe
Accessed via covered porch. Front door to.
Kitchen/Breakfast Room
12'6 (3.8m) x 11'6 (3.5m). Range of modern matching units comprising base cupboards, drawers and eye level units. Roll edge work top surface with tiled surround and inset sink unit. Space for numerous appliances. Side and rear aspect windows. Stairs to first floor.
Living Room
17'1 (5.2m) x 14'1 (4.3m). A triple aspect room with radiator, TV point. Open plan to hallway.
Hallway
Storage cupboard. Doors to.
Bedroom 1
8'10 (2.7m) x 10'2 (3.1m). Built in wardrobe. Radiator and window.
Bathroom
Matching suite comprising panelled bath with tiled surround and shower over, close coupled WC and pedestal wash basin with tiled surround. Obscure glazed window and radiator.
Outside
The property can be approached via a rear access where upon 2/3 parking spaces can be found. There is additional access between the two shops via timber doors. This leads onto a cobbled path. From here there is access to the rear of the shops, the main house, annexe, apartment and gardens.
Garden
A fully enclosed area (currently shared by the annexe and main house). Its mainly laid to lawn with established beds.
Directly to the rear of the main house there is a raised decked area. To the side of the store room there is an area of cobbled courtyard that houses the oil tank.
Agents Note
Trade fixtures, equipment, land and buildings (with exception of personal belongings) will be included within the purchase price. Retail stock will be at valuation. The property is offered as a freehold premises. For business rates and council tax enquiries please contact West Devon Borough Council. All viewings are to be accompanied by Godfrey Short & Squire.
EPC
For the energy assessments on each property please contact the selling agent.
Property Features :
- A large premises offering flexibilty
- Income potential
- 4 bed main house
- 1 bed flat
- 2 Bed annexe