Description
A prominent town centre freehold building with planning for a high yielding mixed use development. Freehold.
Situation - Located in the prime central area at an intersection with high levels of foot traffic, the property has all the town centre amenities and employment within walking distance. Tiverton enjoys a high level of accessibility with the A361 North Devon Link Road, M5 Junction 27 and Tiverton Parkway Station 7 Miles. Further afield, Exeter is 15 Miles and Taunton 21 Miles.
Description - A former Barclays bank building, now stripped out and ready for re-development and offering full planning permission to convert into a high yielding mixed use investment. The current proposal provides 2 commercial units, 4 studio apartments and 1 six bedroom HMO with an estimated gross anual income fully let at approximatley £105,000 plus potential solar PV savings/income. Planning reference: 25/01440/FULL. Please contact the agents for plans and supporting information.
There is also plenty of potential for other uses and development plans subject to the required consents.
Services - Mains electricity, water and drainage.
Ofcom predicted broadband services - Standard, Superfast & Ultrafast available
Local Authority: Mid Devon District Council. Tiverton Conservation Area.
Directions - What3Words: ///relax.goat.less
Google Drop Pin: https://maps.app.goo.gl/8jiGTVaUA8YkhTza9
