7 Queen Street South Molton, Devon 7 Queen Street An attractive mixed Commercial/Residential investment opportunity comprising a ground floor retail unit enjoying an excellent town centre position, together with two first floor flats (2 beds & 1 bed) and South Molton, Devon EX36 3BJ one second floor flat (2 beds) A361 North Devon link road 1.7 miles; Barnstaple 12 miles; Tiverton 19 miles; Exeter 33 miles Guide Price £285,000

Description South Molton is a popular market town well follows:- and stairwell. 7 Queen Street represents an excellent positioned within North Devon with an For approximate room measurements please First Floor Flat 1 estimated population of about 5,000 commercial/residential leasehold investment refer to the attached floor plan. Entrance Hall opportunity enjoying an outstanding position residents. The town serves a large rural The Ground Floor Retail Unit Kitchen/Living Room the kitchen area within the town centre, close to the central catchment area, providing an excellent range of everyday services including shops, well This has a prominent wide shop window contains a range of fitted base cupboard and square. The property provides an attractive fronting onto Queen Street and King Street drawer units with work surfaces over and and versatile mix of commercial and regarded primary and secondary schools, restaurants and banks, together with a with a window return also facing Barnstaple matching wall cupboards. Inset single drainer residential letting units which, despite now Street. The Retail Space provides approx. sink with mixer tap and inset four ring ceramic requiring some updating in parts, may have Sainsbury’s supermarket, health centres, recreational facilities and a cottage hospital. 54 sq. m (581 sq. ft.) NIA and has fluorescent hob with built-in oven. Space and plumbing the potential to create rental returns in the lighting, electric panel heaters and a built-in for washing machine, part tiled walls and wall The A361 North Devon link road is within easy range of £20,000-£23,000 per annum. shelved cupboard. An archway to the rear mounted electric panel heater. Opening driving distance providing quick access to the On the ground floor is a lock-up retail unit with leads to a small Kitchen Area containing a through to a… larger regional centre of Barnstaple as well as a prominent shop front, whilst on the first and fitted base cupboard with a stainless steel Tiverton and the M5 motorway (Junction 27). Inner Hall second floors are three self-contained sink and electric water heater. Cloakroom Mainline intercity rail links are available at Bedroom with wall mounted electric panel residential flats (2 x two beds and 1 x one containing a wall mounted wash hand basin Tiverton Parkway (London Paddington heater. bed) sharing a separate entrance and with hot water heater and two cubicles each approx. 2 hours) with international airports at Shower Room containing a corner shower communal stairwell. with low level WC. Door out to rear. Exeter and Bristol. cubicle, vanity wash hand basin with Situation The Residential Flats Accommodation cupboard under and close coupled WC. Wall The property occupies a prominent position The flats benefit from a separate shared mounted Dimplex electric fan heater and The accommodation, which is arranged over close to the Square on the juncture of Queen access leading to the rear of the property with ceiling extractor fan. Street, King Street and Barnstaple Street. three floors, may be further described as steps up to a first floor communal entrance

First Floor Flat 2 and radiator.

Entrance Hall opening to an… Town & Country Planning 7 Queen Street Inner Hall It is understood that the current use of the Kitchen/Dining Room containing a range of ground floor retail unit is A2 (Financial and

fitted base cupboard and drawer units with Professional Services) specific to the previous work surfaces over and further matching wall occupier. We understand that under Permitted

cupboards. Inset 1½ bowl single drainer sink Development legislation it may be possible to with mixer tap and inset four ring ceramic hob change this use to A1 (Shops) without with built-in oven below. Part tiled walls and planning consent being required. Subject to radiator. Steps up and door into… satisfying the relevant conditions in the Living Room enjoying views towards the Permitted Development legislation it may also town square. Radiator. be possible to change to A3 use (Restaurants Bedroom 1 double aspect enjoying views and Cafes), although prospective purchasers along Barnstaple Street and King Street should make their own enquiries of the North towards the town square. Radiator. Devon Council Planning Department regarding this and/or any other planning Bedroom 2 Built-in cupboard containing the matters. Vaillant wall mounted gas boiler for central heating and domestic hot water. Radiator Tenure Shower Room with part tiled walls, The property is available leasehold for sale by containing a corner shower cubicle, vanity private treaty. It is understood that the wash hand basin with mixer tap and cupboard premises benefit from the remainder of a 999 under, and close coupled WC. Radiator and year lease which commenced in 2003. extractor fan. Services & Outgoings Second Floor Flat 3 Mains electricity, water and gas supplies are Entrance Hall understood to be connected to the property. Main Hall with access hatch to roof space. Drainage to mains system. The flats are Kitchen with double aspect, containing a subject to local council tax together with the range of fitted base cupboard and drawer usual service and environmental charges. The retail unit has a current rateable value of Retail Unit units with work surfaces over, breakfast bar and matching wall cupboards. Inset 1½ bowl £4,300. single drainer sink with mixer tap and inset Directions four ring electric hob with built-in oven below. From the Agent’s office in the Square in South Part tiled walls, radiator and wall mounted Molton continue in a westerly direction along Glow Worm gas boiler for central heating and King Street whereupon the property will be domestic hot water. seen on the opposite side of the road, Living Room a spacious room with a denoted by the agent’s For Sale board. radiator. Viewing Bedroom 1 another large room with a Strictly by appointment with the sole selling radiator. agents Greenslade Taylor Hunt, 23 Broad Bedroom 2 enjoying far reaching views to Street, South Molton, Devon, EX36 3AQ. IMPORTANT NOTICE the rear elevation. Radiator. Tel: 01769 574500 Ref: STM160220 For clarification we wish to inform any prospective purchasers that we have prepared these sales particulars as a general Bathroom with mainly tiled walls, containing guide. They must not be relied upon as statements of fact. We have not carried out a detailed survey, nor tested the services, Email: [email protected] a panelled bath, wash hand basin with mixer heating systems, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings. If there are points which are of particular importance to you please contact the office prior to viewing the property. tap and cupboard under, close coupled WC Flat 1

Flat 2

Flat 3