This freehold property features a versatile combination of a commercial shop space and a spacious maisonette, presenting a unique opportunity for renovation or investment. Historically, the ground floor housed a well-established cycle shop, which has now received planning permission to transition into a residential flat. This change opens up potential for creating additional living space or rental opportunities in a sought-after area.
The shop itself is structured with two main areas, accompanied by two adjoining stores that provide practical access to the rear courtyard. An entrance next to the shop introduces a hallway adorned with classic Minton tile flooring and leads to a staircase that ascends to storage and utility areas on the upper floors.
The maisonette encompasses the first floor and includes a generously sized sitting room featuring a bay window and two small balconies, along with an adjacent dining room—both rooms highlighted by tiled fireplaces. The kitchen is situated at the rear and grants access to a roof terrace, while the bathroom accommodates essential fittings including a bath, WC, and wash basin. Upstairs, you will find three bedrooms, offering ample living space for families or potential tenants.
While the property does require general improvement and modernisation throughout, it benefits from recent upgrades such as replacement roofing in earlier years and some uPVC double-glazed windows. This presents an excellent canvas for investors looking to enhance value through refurbishment.
Externally, there is no off-road parking; however, the rear offers a roof terrace along with substantial garden storage and courtyard space accessible via separate pedestrian routes.
Located conveniently along Temple Street—a key thoroughfare leading into Sidmouth's town centre—the property enjoys proximity to local amenities and regular bus services connecting to surrounding areas. The town centre and seafront are within three-quarters of a mile away, while The Byes riverside walk is just moments from your doorstep.
Mains water, sewerage, and electricity are connected; however, gas has been disconnected outside the premises. The area also boasts good broadband connectivity with predicted speeds of 17 to 1000 Mbps available from various providers.
This property holds significant potential for redevelopment into separate residential units or can be maintained as mixed-use premises—ideal for those looking to invest in an area with strong market demand. Vacant possession will be provided upon completion, allowing for immediate renovation efforts once acquired.
