Angel Hill, Tiverton, Devon

Sold £60,000

Agent Information

VIEWINGS Strictly by appointment with the award winning estate agents, Diamond Estate Agents

If there is any point, which is of particular importance to you with regard to this property then we advise you to contact us to check this and the availability and make an appointment to view before travelling any distance.

PLEASE NOTE Prior to a sale being agreed and solicitors instructed, prospective purchasers will be required to produce identification documents to comply with Money Laundering regulations, a fee of £10+vat per person is required to verify their identification.

We may refer buyers and sellers through our conveyancing panel. It is your decision whether you choose to use this service. Should you decide to use any of these services that we may receive an average referral fee of £150 for recommending you to them. As we provide a regular supply of work, you benefit from a competitive price on a no purchase, no fee basis. (excluding disbursements).

We also refer buyers and sellers to The Levels Financial Services. It is your decision whether you choose to use their services. Should you decide to use any of their services you should be aware that we would receive an average referral fee of £250 from them for recommending you to them.

You are not under any obligation to use the services of any of the recommended providers, though should you accept our recommendation the provider is expected to pay us the corresponding Referral Fee.

Shop Lease Information

Lock up shop on ground floor and basement.

Rateable value £14,750 - Rates payable £7,360 but the leasee may be eligible for small business relief and retail discount. The total payable was £3373.16
Please make further enquiries with Mid Devon District Council.

The current tenancy started 1st November 2014 expiring 30th October 2017 with a rolling contract as per Lease agreement until notice is served by landlord or tenant.
Tenant is contractually obligated to a tenants fair proportion of 40% of any works carried out to the building.
The current rent payable is available on request with the Lease agreement from Diamond Estate Agents.

What3Words

dive.stews.defend

EXCELLENT INVESTMENT OPPORTUNITY! Freehold investment opportunity situated on the outskirts of Fore street located on Angel Hill this shop premises offers a thriving tenanted premises offering a monthly rental income.
Occupying a perfect trading position in the centre of Tiverton, with plenty of passing foot traffic siding onto River Exe, the freehold of 6 Angel Street and 6a Angel Street is offered in excellent condition with a long term tenant situated in the shop premises and a highly desirable house located above.

The large paned shop frontage offers plenty of advertising display space with the total square footage measuring approx 250sqft.
The connected basement level measures approx 417sqft and currently used solely as storage space while offering plenty of natural light and power that potentially could be utilised as a kitchen area with the cloakroom situated to the rear
The freehold sale offers the freehold to the separate premises above with a ground rent and service charge chargeable for maintenance agreed with an ad-hock agreement.
Floorplan for Angel Hill, Tiverton, Devon

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