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3 bed property
Gold Street, Tiverton, Devon EX16
£330,000
Gold Street, Tiverton, Devon EX16
£330,000
Price History
Initial price | £375,000 |
11/09/24 | £350,000 |
05/01/25 | £325,000 |
16/01/25 | £295,000 |
08/05/25 | £330,000 |
Price Change | -12.00% |
Description
This freehold shop and maisonette in Tiverton offers a lucrative commercial investment opportunity, generating an annual income of £29,940 with a gross yield of 9%. The shop, with a trading space of approximately 100m2 and basement space of 32m2, is let on a 5-year lease and has been fully renovated with modern amenities. The maisonette, spread over three floors, has private access and a large rear garden, and is currently generating £11,940 per annum. The property's central location, with high foot and vehicular traffic, makes it an attractive investment for businesses. The current rental income and potential for future commercial tenancies, including the possibility of a café or similar, make this a great opportunity for investors.