Investment For Sale, Ottery St. Mary, Devon

Ottery St Mary is a busy East Devon town easily accessed from the A30 linking with the M5 motorway. The city of Exeter is approximately 12 miles to the west accessed via the A30.

The town centre has a strong independent presence including Estate Agents, pubs, cafes and retail units together with Sainsburys supermarket.
Ottery St Mary has a population of approximately 7,700 and a large rural catchment and has seen a number of new residential developments over recent years.

There is on street parking and short and long stay car parks in the town centre as well as a regular bus service linking East Devon to Exeter.

Town Centre Mixed Use Investment

Popular East Devon Town Centre Mixed Use Investment

Two Lock Up Shop Units, Two One Bedroom Flat, One Two Bedroom Flat

One Sold Off Flat On Long Lease

Current Rent: £27,400 P.a.

Full Rental Income Once Fully Let: £37,900 P.a.

Ottery St Mary Is A Busy East Devon Town Easily Accessed From The A30 Linking With The M5 Motorway. The City Of Exeter Is Approximately 12 Miles To The West Accessed Via The A30.

The Town Centre Has A Strong Independent Presence Including Estate Agents, Pubs, Cafes And Retail Units Together With Sainsburys Supermarket.
Ottery St Mary Has A Population Of Approximately 7,700 And A Large Rural Catchment And Has Seen A Number Of New Residential Developments Over Recent Years.

There Is On Street Parking And Short And Long Stay Car Parks In The Town Centre As Well As A Regular Bus Service Linking East Devon To Exeter.

The Property Comprises A Principal Two-storey Mid Terraced Building With Additional Converted Attic Space. The Property Provides Two Ground Floor Retail Units (14 And 14a) Historically Created By Sub Dividing A Large Unit One Of Which (no 14) Includes Rear Storage And Loading From Hind Street.

There Are Two Self-contained Flats Accessed Via Mill Street, 14b Which Has Been Sold Off And 14c. The Other Two Self-contained Flats Being Numbers 8 And 9 Hind Street Are Accessed Separately To The Rear. The Flats Are Of A Basic Specification And In Need Of Some Updating And Compromise Two, One Bedroom Flats And One, Two Bedroom Flat. Two Of The Flats Are Heated By Electric Night Storage Heaters And The Other Gas Fired Central Heating.

Shop Unit 14 Mill Street Is Currently Vacant (on The Market With Scc) And Compromises A Main Sales Area, Lower Level Ancillary Stores, Staff/ Office Accommodation And A Steel Roller Shutter Door Providing Loading Facilities From Hind Street. 14a Mill Street Is Arrange As A Travel Agents And Compromises A Main Sales Area, Storage And Staff Facilities.

Vat Is Not Applicable To This Sale.

Each Party To Bear Their Own Legal Costs In The Transaction.

Shop (4 Mill Street): D/98
Shop (14a Mill Street): B/44
Flat (14c Mill Street): E/41
Flat (8 Hind Street): E/54
Flat (9 Hind Street): D/67

See Details.

See Details.