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Bovey Tracey: Well-located premises in Bovey Tracey comprising Ground Floor Shop, a self-contained 2 bedroom Flat over, and a large Workshop to the rear. Ideal Investment or suitable for Residential Development (STP)

Offers in excess of £325,000

Size approx. 1322sq.ft. (122.8sq.m.)


Key features

    • Freehold Investment premises with development potential
    • Ideal owner occupation
    • Central location in busy Moorland Town

Description

These substantial premises are located in the centre of Bovey Tracey in convenient and prominent location almost directly opposite the main town centre car park.  The premises comprise a sizable retail unit on the ground floor with an Office / Storage area and kitchen with toilet to the rear.  On the first floor is a substantial 2-bedroom self-contained flat which is currently tenanted on an AST agreement.  To the rear is a detached Workshop building with separate access from a rear courtyard area and service lane, and currently used in connection with the retail business, but suitable for a range of alternative uses including the possibility of Residential conversion, subject to planning consent.  The retail unit and workshop will be provided with vacant possession on completion due to the current owner’s retirement, and would be suitable for either owner occupation, letting the existing accommodation to increase the rental income achieved, or for re-development to include the conversion of the rear workshop into a single residential unit, subject to the necessary planning consent and building regulations approval.

 

Property Address

No 1 and No 1a Station Road, Bovey Tracey, Devon, TQ13 9AL  [Ref: 0401]

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