Initial price	£170,000
03/08/24	£160,000
Price Change	-5.88%

This property is a unique opportunity to purchase a small commercial unit on Fore Street in Kingsbridge, with partly renovated accommodation above. The first floor features a partially converted flat with potential for two bedrooms, a shower room, and an open-plan living space with a bay window. The kitchen is fully fitted and new, but the property requires further renovation to complete the conversion. The ground floor commercial space has a large display window and benefits from a small kitchenette and WC, and has previously achieved £7,000 per annum in rent. The property also comes with a private parking space and has a rateable value of £5,900, with no business rates to pay due to business rates relief. The freehold property has a 3/4 liability for the main structure and 1/4 liability for the roof, and is advised to be freehold with the second floor owned on a leasehold basis.