This freehold property presents a unique chance to own a double-fronted ground floor shop, complemented by a two-bedroom flat located above. Situated in a bustling high street area, the property is ripe for renovation and modernization, allowing prospective buyers to tailor it to their specific needs.
The ground floor shop benefits from separate access and is equipped with essential utilities including power, lighting, water, and plumbing, making it versatile for various business applications. With some refurbishment, this space could be transformed into an inviting retail environment or office space that caters to the local community.
Above the shop, the two-bedroom flat spans two levels. The first floor features a kitchen, lounge, bathroom, and one bedroom, while the second floor adds another bedroom along with additional storage. This layout offers potential for either rental income or personal use after necessary updates are made.
The property includes a rear courtyard with shared access, providing outdoor space that can enhance the living area of the flat or serve as an employee break area for the shop. As it is being sold with no onward chain, this offers a straightforward acquisition process for investors or those looking to develop the property further.
Located in South Molton—an area known for its rich history and vibrant market culture—this property is positioned near shops and eateries that highlight local produce. The town has retained its historic charm while actively participating in modern commerce through bi-weekly markets. Its proximity to Exmoor National Park enhances its appeal both as a residential location and as an investment opportunity in an area that attracts visitors year-round.
Overall, this property stands out due to its dual-purpose potential—commercial and residential—and invites creative redevelopment opportunities that could significantly increase its value over time.