55 Boutport Street, Barnstaple, Devon, EX31 1SH
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Read more Read moreA Grade II listed mixed-use property located in a town centre, comprising a ground floor commercial unit and a spacious one-bedroom flat above, with planning permission to extend. The property is arranged over two floors and is situated in a vibrant commercial area, opposite a cinema and surrounded by various national retailers, independent businesses, cafés, and leisure establishments. The commercial unit has previously been used as a takeaway and a hairdresser, with an anticipated rental income of £15,000 per annum. The flat was previously rented at £750 per calendar month. The power supply to both the commercial unit and the flat has been separated onto individual meters, and the commercial unit benefits from a newly installed three-phase electricity supply. Planning approval has been granted for the conversion of the loft to create additional living space, along with the installation of dormer windows and internal layout changes. The property is held on a freehold tenure, with a potential combined rental value of £24,000 per annum.
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