This freehold shop premises offers a unique opportunity for investors and renovators alike, situated in the bustling market town of Holsworthy. Located at a prominent corner of the town square, the property features two levels of versatile space, currently leased to a successful jeweler with two years remaining on the lease. This arrangement offers immediate rental income while providing a solid foundation for future development.
The building presents significant renovation potential, particularly on the first floor, which is accessible from both the main shop and a side entrance. The upstairs area is currently used as storage but could be transformed into a studio apartment, subject to obtaining the necessary planning permissions. With thoughtful design and modernization, this space could enhance property value and appeal to residential tenants or buyers seeking convenient living in the heart of the town.
Holsworthy itself is an inviting market town located within North Devon, approximately 9 miles east of Bude and 14 miles north of Launceston. Its strategic position at the crossroads of the A3072 and A388 grants easy access to wider transportation networks, including the A30 trunk road leading to the M5 motorway. The property lies within a conservation area that enhances its charm and desirability while being just a short stroll from local amenities such as Vision Express and Lloyds.
For those considering investment opportunities in an evolving market, this property not only stands out due to its prime location but also promises ample scope for future growth through redevelopment.