Acting on behalf of a private client, Haarer Goss is instructed to sell the long leasehold interest of 29 Fore Street, Cullompton.
Cullompton is a thriving market town situated in Mid Devon and has seen significant population growth since 1991 with Cullompton Parish growing by approximately one third, and twice the county average.
These attractive and well-presented ground floor lock up retail premises are being offered for the first time as a self-contained unit, presenting an ideal opportunity for an owner occupier or property investor. The owners, who currently occupy the retail premises as well as the maisonette above, intend to sub-divide the property retaining the upper floors and selling the shop.
The property is situated close to the centre of the town, which is characterised by a mixture of local and national retailers. The Co-Operative food store is located next door but one, and Lloyds Bank a short distance away and Costa Coffee have recently opened a second outlet within the High Street. Other independent businesses within the immediate vicinity include Fudges Haberdashery, Veysey's traditional butchers and Westward County Insurance Consultants.
There is a loading bay marked on the highway in front of the property which is ideal for deliveries through the front door of the premises. Customer parking is located a short distance away within the town square or at the main public car park where modest parking charges apply.
The ground floor lock-up retail premises will be separated from the remainder of the property and sold on a 125 year lease at a peppercorn rent. The guide price is £95,000 for the long leasehold interest.
For further information please contact Iain Biddlestone.