Item 1 of 5

59 Mill Street, Bideford, EX39 2JT

£95,000

Mixed Use

Available

About this Property

StatusAvailable

Guide Price£95,000

Auction MethodTraditional

Property TypeMixed Use

Description

A freehold mixed-use investment property located in the town centre of Bideford, comprising a ground floor mobile phone retail unit and upper residential accommodation. The commercial space is currently let to A1 Comms Ltd on a 5-year lease with a rental income of £8,250 per annum. The residential portion is let on an Assured Shorthold Tenancy basis, generating a rental income of £525 per calendar month. The property features a main retail area with an office and cloakroom/WC, along with a private flat entrance, kitchen/breakfast room, living room, two bedrooms, and a bathroom/WC across the upper floors. The property is situated on Mill Street, a well-established commercial and residential area with good access to local amenities and transport links. The Energy Performance Certificate (EPC) ratings are B for the commercial unit and D for the residential unit.

Location

More Information

TenureFreehold

Planning Authority

Torridge LPA

Torridge District Council

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