Property photos
£195,000
Block of flats for sale
Ottery St Mary, Devon EX11Local area information
Property location
Nearby amenities
- Ottery St Mary Primary School 0.4 miles
- The King's School 0.6 miles
- Feniton 2.4 miles
- Whimple 3.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Ottery St. Mary to find out more about the local area.
Features and description
Substantial freehold investment property opportunity with additional land and buildings offering potential development site subject to obtaining planning permissions/consents.
Centrally positioned within the popular east devon town of ottery st mary, lying just off the main ‘Square’, surrounded by other businesses and residential areas, the town being within easy reach of exeter, and popular coastal destinations.
A substantial site, host to several buildings, includes substantial main building, extending over 3 floors, currently trading as a newsagent with the upper floors not currently utilised. To the rear, accessed from the main street, additional 2 storey vacant building, plus outbuildings, all within enclosed walled garden area offering numerous opportunities.
Commercial Lease currently in place in respect of the newsagent only, currently producing rental income of £10,488 per annum, subject to 3 yearly reviews and being linked to rpi. Remaining elements of the site unused.
Freehold £195,000 Ref: Inv/DEV36166N
Centrally positioned within the popular east devon town of ottery st mary, lying just off the main ‘Square’, surrounded by other businesses and residential areas, the town being within easy reach of exeter, and popular coastal destinations.
A substantial site, host to several buildings, includes substantial main building, extending over 3 floors, currently trading as a newsagent with the upper floors not currently utilised. To the rear, accessed from the main street, additional 2 storey vacant building, plus outbuildings, all within enclosed walled garden area offering numerous opportunities.
Commercial Lease currently in place in respect of the newsagent only, currently producing rental income of £10,488 per annum, subject to 3 yearly reviews and being linked to rpi. Remaining elements of the site unused.
Freehold £195,000 Ref: Inv/DEV36166N
More information
Listed by
Everett Masson & Furby
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