Shop for sale
Property description & features
- Ground floor double fronted retail premises
- Town centre location
In the centre of South Molton, 2 East Street is a double fronted shop, providing a great investment opportunity. The accommodation is on ground floor level and had been well maintained by the current occupiers, therefore a blank canvas for future occupiers. The shop is double fronted and benefits from high ceilings and large bay windows providing additional light sources. There is a storage cupboard with wash hand basin and shelving.
TERMS The property is available for sale freehold at a guide price of £55,000. We are advised the property is not registered for VAT, therefore VAT will not be payable on the purchase price.
BUSINESS RATES & COUNCIL TAX The premises have a current rateable value of £5,700 per annum. Interested parties should make their own enquiries with the Local Authority to ascertain the rates payable. 100% Small Business Rates Relief is available to some occupiers where rateable values are less than £12,000 per annum. North Devon Council— Council Tax Band B.
The bustling market town of South Molton is well situated within North Devon, enjoying easy access from the A361 link road and providing a good range of local services, including shops, recreational facilities and primary and secondary schooling. The larger centre of Barnstaple to the north west affords an extensive range of commercial, recreational and educational facilities, befitting those of an important regional hub and including both local and national high street shops, post office, restaurants, public houses, a leisure centre, cinema and theatre. South Molton is surrounded by picturesque North Devon countryside which provides a wealth of outdoor activities including walking, horse riding, cycling, sea, coarse and game fishing, and golf courses at High Bullen, Libbaton, Portmore and Saunton. To the north the Exmoor National Park offers beautiful moorland scenery with many foot and bridle paths, whilst the stunning North Devon coast is easily accessible, with popular sandy beaches at Instow, Saunton Sands, Croyde Bay, Putsborough and Woolacombe.
Rooms
SERVICES
Mains electricity, water and drainage are connected to the property.
BUSINESS RATES & COUNCIL TAX
The premises have a current rateable value of £5,700 per annum. Interested parties should make their own enquiries with the Local Authority to ascertain the rates payable. 100% Small Business Rates Relief is available to some occupiers where rateable values are less than £12,000 per annum. North Devon Council— Council Tax Band B. East Street Devon Rental Ltd have a 999 year lease for which £466.12 in paid for annual buildings insurance, this will be transferable upon on the sale.
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Property reference STM240078. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Greenslade Taylor Hunt - South Molton.
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Broadband availability and predicted speed
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Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
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Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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