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Bovey Tracey
A well located Investment Opportunity comprising a tenanted Ground Floor Shop with 2 Bedroom Flat over with vacant possession

Investment opportunity in sought after Moorland Town

Offers in the region of £164,950

Size approx. 409sq.ft. (38sq.m.)


Key features

    • Prominent and well located Retail / Resdiential Investment premises
    • Comprising Ground floor Retail Unit with self contained 2 Bed flat over
    • Retail premises let on the remainder of a 6 year lease at £5,200 pax
    • 2 Bedroom flat over let on recent AST agreement at £695 pcm
    • Total gross income of £13,540 per annum showing nearly 8.25% gross return

Description

An opportunity to acquire this well-located Investment Premises comprising a ground floor Retail premises recently let on a new 6-year lease, and a self-contained 2 bedroomed flat over which will be vacant on completion.  This either allows a purchaser to occupy the flat, or an investor to let the flat.  The premises are in a prominent location in the centre of Bovey Tracey, a popular Moorland town.

Property Address

4 Station Road, Bovey Tracey, Devon, TQ13 9AL  [Ref: 0542]

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