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66-67 Newport Rd 1,660 sq ft 100% Let Retail Property Barnstaple EX32 9BG £199,000 (£119.88/sq ft)
INVESTMENT HIGHLIGHTS
- Edge of town centre location
- Planning permission granted for redevelopment
- Two shop units with flat above
EXECUTIVE SUMMARY
Inviting offers based upon £199,000. It should be noted that the flat is subject to an assured shorthold tenancy and the shops are vacant.
Planning permission was granted on the 6th March 2024 under application number 76417 for demolition of existing outbuildings, and the erection of a two-storey development, consisting of 1x studio apartment, 1x two storey one bedroom dwelling and 1x two storey two-bedroom dwelling, plus refurbishment of the two existing retail
units.
Planning permission was granted on the 6th March 2024 under application number 76417 for demolition of existing outbuildings, and the erection of a two-storey development, consisting of 1x studio apartment, 1x two storey one bedroom dwelling and 1x two storey two-bedroom dwelling, plus refurbishment of the two existing retail
units.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,660 sq ft
Year Built
1900
Price
£199,000
Price per sq ft
£119.88
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
1.11
Total Plot Size
0.03 ac
Frontage
18 ft on Newport Road
1 1
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66-67 Newport Rd
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