This mixed-use freehold property presents a unique opportunity for those seeking both residential and commercial investment potential. Situated in a strategic location, the building features a spacious commercial unit on the ground floor, complemented by a well-arranged two-bedroom residential flat above.
The commercial space offers flexibility for various business ventures and includes a large retail area along with two substantial workshops and an adjoining yard. This layout not only provides immediate income possibilities but also allows for future modifications or enhancements, subject to obtaining the necessary planning permissions.
The residential accommodation boasts its own private entrance, creating a distinct living environment for owners or tenants. Inside, the flat is surprisingly generous in size, featuring a reception hall, dual-aspect living and dining areas, a functional kitchen, utility room, two double bedrooms, and a family bathroom. Notably, the large loft area presents further renovation potential for those interested in expanding living space or creating additional rental units.
The property is conveniently located in Ottery St Mary, known for its vibrant community atmosphere and strong local amenities. Residents have easy access to supermarkets, pubs, cafes, banks, medical facilities, and recreational options like sports centers. Families will appreciate the presence of highly regarded schools nearby. Commuters benefit from excellent transport links; Exeter is just 10 miles away while Honiton provides mainline rail services to London Waterloo.
Overall, this substantial property offers investors and business owners an enticing prospect to capitalize on both current operations and future developments. It merits viewing to fully grasp its extensive possibilities within this thriving town.