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What a fantastic investment opportunity to be had in this semi commercial freehold property.
Divided into two distinct areas where the ground floor currently enjoys A3 planning consent and consists of a shop front, prep and store room. For decades this part of the building has been run as a successful fish and chip shop but now the time has come for the owners to move on. The current owners are looking to sell the overall building as one and as such do not intend to sell the business as a going concern. That being said there is nothing to stop you from setting up your very own food outlet once purchased.
There is however much more than just the shop front to the building. Accessed from the alley way to the side is a rather impressive three bedroom two storey maisonette above. With over 1000 square feet of accommodation it’s not small either and is very well kept. Overall this represents a great opportunity for someone to earn an income whilst living on site.
If that’s not your thing other options could include applying for a change of use and turning it all into one large family home. Another option would be to divide the building up into flats or as a house of multiple occupancy.
To the rear of the property there is a very good sized South facing garden, outbuildings of various sizes and a much larger than average garage. All of this can be accessed via a private driveway to the rear which in turn provides plenty of off road parking. The building has been well maintained over the years meaning the new owners can move straight in.
In practical terms the property is conveniently located a short skip from the town square where all your grocery needs can be satisfied. Like most of Great Torrington the cottage is on the fringes of Torrington Commons, 365 acres of countryside allowing for miles of scenic walks with access to the locally renowned Tarka trail, a footpath / cycle way mainly built on the bed of a disused railway where the gradients are gentle. It winds its way following the course of the river Torridge as far North as Ilfracombe or going inland South towards Meeth.
The vendor informs us that the property is of brick construction under a slate roof. Your surveyor or conveyancer may be able to clarify further following their investigations. The property is serviced by gas fired central and water heating. Mains electric, water and drainage are connected.
Broadband: Superfast speeds are available up to 150mbps (information taken from the Ofcom checker)
Mobile phone: Coverage available onsite. (See Ofcom checker for further information)
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Contact our Torrington office today to book your free valuation or expert consultation.
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