18 Market Pl - Storefront Retail/Residential FOR SALE


Bideford, DEV EX39 2DR
$450,000 USD
18 Market Pl, Bideford, DEV for Sale
$450,000 USD
Storefront Retail/Residential - FOR SALE
1/21
null | Request Cap Rate

18 Market Pl
Bideford, DEV EX39 2DR


HIGHLIGHTS

  • Surrounded by established retailers
  • Includes 2 flats let on AST's
  • Offered with vacant possession

OVERVIEW

Substantial commercial freehold located opposite the pannier market, accommodation arranged over 4 floors with ground floor (approx. 868 sq. ft.) and lower ground floor (approx. 468 sq. ft.) office space. First and second floor 2 bedroom flats both currently tenanted at £700 and £695 PCM and both recently refurbished. Offering potential for additional accommodation with now lapsed planning permission for loft conversion and land to the rear.<br /><br />Ground Floor<br /><br />Office - 31' x 28' (9.45m x 8.53m)<br />Recessed front door, shop frontage and window, 2 windows to rear taking in views over Bideford town down to the Torridge estuary, solid oak floor boards with natural oil finish, 5 radiators, Cloakroom with close coupled w/c, wash hand basin, recessed sink area, storage cupboard, wall mounted gas fired combination boiler servicing both ground and lower ground floor. Triple glazed windows to the rear elevation.<br /><br />Lobby<br />Window to front stairs down to:<br /><br />Lower Ground Floor<br /><br />Office - 26' 7'' x 17' 8'' (8.1m x 5.38m)<br />Converted by the current owners to a very high standard with a low environmental impact, earth rendered walls, under floor heating with solid slate floor, double glazed window and 2 doors taking in the view down to the Torridge Estuary.<br /><br />Kitchen - 11' 1'' x 5' 4'' (3.38m x 1.63m)<br />With a good range of bespoke fitted solid ash wall and base units and work surfaces, inset stainless steel sink, integrated fridge, washer drier, dishwasher and microwave oven, extractor fan, solid slate tiled floor.<br /><br />Shower Room - 9' 8'' x 6' 3'' (2.95m x 1.91m)<br />Close coupled w/c, wash hand basin and vanity unit, shower tray (awaiting shower unit to be fitted). Solid slate tiled floor, under stairs cupboard, extractor.<br /><br />Separate Entrance<br />Accessed from Market Place, communal hall and stairs leading to first and second floor flats. On the second floor landing there is an access into the large attic space which has had planning to convert into a 2 bedroom flat with roof terrace which has now lapsed.<br /><br />First Floor Flat<br />With Triple glazing to the rear elevation<br /><br />Entrance hall<br />Front door, entrance phone system.<br /><br />Living Room - 15' 8'' x 12' 8'' (4.77m x 3.86m)<br />2 windows to front elevation, radiator.<br /><br />Kitchen - 11' 10'' x 8' 2'' (3.61m x 2.49m)<br />With a good range of matching wall and base units with roll top work surfaces, recently installed wall mounted gas fired combination boiler, radiator, triple glazed window to rear taking in views over the Torridge estuary.<br /><br />Bedroom 1 - 16' 8'' x 9' 4'' (5.08m x 2.84m)<br />Radiator<br /><br />Bedroom 2 - 12' 2'' x 9' 6'' (3.71m x 2.89m)<br />Triple glazed window, radiator<br /><br />Shower Room - 11' 3'' x 5' 2'' (3.43m x 1.57m)<br />Superbly fitted with large shower cubicle with rain shower, wash basin and close coupled WC, Mirror fronted bathroom cabinet, heated towel rail, spotlights<br /><br />Second Floor Flat<br />With triple glazing to the rear elevation<br /><br />Entrance hall<br />Area and hooks for coats etc.Leading to Inner Hall - useful airing cupboard with shelves and mini radiator<br /><br />Living Room - 21' 4'' x 13' 0'' (6.50m x 3.96m)<br />This is a marvelous space spanning across the building. Fitted carpets. Thermally lined natural coloured curtains and wooden venetian blind. <br /><br />Kitchen - 9' 2'' x 10' 3'' (2.79m x 3.12m)<br />Locally hand made kitchen with plenty of fitted cupboards and drawers. Stunning pietre worktop. Appliances include: new A-rated Bosh washing machine, tumble drier and dishwasher, A rated fridge freezer with wine rack; built in oven, hob and extractor. Triple glazed window to rear taking in views over the Torridge estuary.<br /><br />Bedroom 1 - 20' 9'' x 10' 1'' (6.32m x 3.07m)<br />Large double bedroom with carpets and thermally lined natural coloured curtains, stainless steel curtain pole.<br /><br />Bedroom 2 - 11' 3'' x 9' 4'' (3.43m x 2.84m)<br />Double bedroom with carpets and thermally lined cream curtains, stainless steel curtain pole. Triple glazed window to rear taking in views over the Torridge estuary.<br /><br />Shower Room<br />Gorgeous bathroom with Walk in shower, with rain dance showerhead, smart wall hung WC and matching sink. Ash floor and matching venetian blind. Mirrored bathroom cabinet. Triple glazed window.<br /><br />Outside - 39' 4'' x 39' 4'' (12m x 12m)<br />To the rear of the property is a square of land which is unused at the moment but offer potential for redevelopment subject to the relevant planning consents.<br /><br />Tenure<br />The property is FreeholdThe two flats are let on Assured shorthold tenancies at Rents of £695 and £700The offices will come with Vacant Possession<br /><br />Tenure: Freehold

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$337 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,650 SF

ZONING

-

APN/PARCEL ID

DN390472

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