Block of flats for sale in Ottery St Mary, Devon EX11
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Property description
Substantial freehold investment property opportunity with additional land and buildings offering potential development site subject to obtaining planning permissions/consents.
Centrally positioned within the popular east devon town of ottery st mary, lying just off the main ‘Square’, surrounded by other businesses and residential areas, the town being within easy reach of exeter, and popular coastal destinations.
A substantial site, host to several buildings, includes substantial main building, extending over 3 floors, currently trading as a newsagent with the upper floors not currently utilised. To the rear, accessed from the main street, additional 2 storey vacant building, plus outbuildings, all within enclosed walled garden area offering numerous opportunities.
Commercial Lease currently in place in respect of the newsagent only, currently producing rental income of £10,488 per annum, subject to 3 yearly reviews and being linked to rpi. Remaining elements of the site unused.
Freehold £195,000 Ref: Inv/DEV36166N
For more information about this property, please contact
Everett Masson & Furby, EX11 on +44 1404 228955 * (local rate)
Disclaimer
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.
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