£395,000

Retail premises for sale

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£395,000

(£113.57/sq. ft)

Retail premises for sale

12 High Street, Cullompton, Devon EX15

3,478 sq. ft

Available immediately

Local area information

Property location

Nearby amenities

  • St Andrew's Primary School 0.1 miles
  • Willowbank Primary School 0.4 miles
  • Tiverton Parkway 4.4 miles
  • Whimple 6.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Cullompton to find out more about the local area.

Features and description

  • Substantial commercial property
  • Town centre location
  • 3,478 sq ft (323.12 sq m)
  • Development opportunity (STC)
  • Rear parking
Substantial commercial property

Town centre location

3,478 sq ft (323.12 sq m)

Rear parking

Development opportunity (STC)

12 High Street has a prominent position in the centre of Cullompton. This bustling town is popular with independent occupiers including hair and beauty, café, restaurants, retail and professional services. There are also weekly street markets and fortnightly farmers markets.

Cullompton has good transport links, located on Junction 27 of the M5 motorway is around 12 miles to Exeter and 19 miles to Taunton. There are regular bus routes, and pay and display parking. Tiverton Parkway Rail Station on the London Paddington line is just 6 miles away.

12 High Street, Cullompton comprises a ground floor retail / office suite occupied by a hair and beauty operator and two floors of office space above currently vacant as well as 50% of the rear car park shared with the neighbouring property at Number 10 High Street, accessed vis a side alleyway.

This property was a former gentleman's residence and has retained many period features including ornate staircase, feature fireplaces, picture rails and ceiling roses. There is also a impressive stained glass window featuring the motto and initials of the former owners.

The ground floor is accessed via the main entrance on the High Street and also has rear access from the car park. The space comprises 5 treatment rooms, a lobby, large reception area and hair salon to the rear. There is a shower room with WC, an additional WC and kitchen.

The first and second floors are accessed via a side entrance or through the main reception of the ground floor unit, until recently these units have been occupied by one tenant for office use.

This property would lend itself to residential conversion subject to necessary consents.

The owners have purchased new kitchens, baths and WCs for the upper floors which are included in this sale.

The roof has been recently refurbished with new felt, battens and loft insulation.

Accommodation
Ground = Hair and Beauty Occupier: 1,245 sq ft (115.70 sq m)
First Floor = Vacant: 1,125 sq ft (104.52 sq m)
Second Floor = Vacant: 1,108 sq ft (102.9 sqm)
Total: 3,478 sq ft (323.12 sq M)

Tenure
The ground floor suite is currently let to a hair and beauty salon. More details on this lease by request.

Planning
It is understood that this property has planning consent for office and retail use under Class E.

Planning permission has been submitted for conversion of the first and second floors into four 2 bedroom flats. Information regarding this planning permission can be found on the Mid Devon Planning Website.

Services
The property is served by mains electric, water and drainage. Gas is connected to the ground floor only.

Proposal
The property is offered for sale Freehold, at a guide price of £395,000 Please contact agent for further details.
Agent for further details.

VAT is applicable to this sale.

Each party to bear their own legal costs in the transaction.

The EPC can be provided on request.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Devon
  4. East Devon
  5. Cullompton
  6. High Street