This property represents a compelling mixed-use investment opportunity, consisting of three ground-floor office spaces and two one-bedroom residential apartments on the upper levels. It covers three storeys in total, providing a flexible layout ideal for both commercial and residential tenants. There are currently two tenants in place, allowing for immediate rental income while also presenting a chance for renovation to enhance the existing value.
The commercial spaces are accessible via two separate entrances, ensuring flexibility for use as individual offices or combined as needed, while maintaining independent access to the residential units. Although the property requires some modernisation throughout, it holds significant potential for refurbishment or reconfiguration to meet various market demands. Each of the compact upper-floor flats features a double bedroom, living room, fitted kitchen, and bathroom—currently let out but also offering possibilities for updates that could increase rental yields and overall equity.
Situated in Bideford—a charming historic market town along the River Torridge—the property benefits from local amenities including shops, cafés, leisure facilities, and proximity to stunning coastal scenery. The surrounding area is rich with characterful villages like Westward Ho! and Appledore, providing a balance of vibrant seaside activities and serene coastal living. This makes it an attractive option for investors or prospective owner-occupiers looking to capitalise on a mixed-use asset in this desirable location.
