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Fore Street, Topsham

£675,000

Fore Street, Topsham

£675,000
  • Ref: PAD1001429
  • Availability: For Sale
  • Bedrooms: 4
  • Bathrooms: 2
  • Reception Rooms: 2
  • Tenure: Freehold
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Property Features

  • 3/4 Bedroom property
  • Sizeable garden
  • Commercial premises with potential income
  • Large lounge
  • Fitted kitchen
  • Ensuite
  • Utility room
  • Good order throughout

Property Summary

WE ARE PLEASED TO OFFER THIS 3/4-BEDROOM PROPERTY IN THE HEART OF TOPSHAM IN A GOOD ORDER THROUGHOUT. SUNNY COURTYARD GARDEN, TWO RECEPTION ROOMS AND A COMMERCIAL UNIT AT THE FRONT.

Situation
Topsham is an ancient port situated 4 miles south east of the cathedral city of Exeter on the beautiful Exe Estuary. With easy commuting and access to the M5, Topsham is also well served by bus and rail. The useful branch line operates between the coastal town of Exmouth 7 miles away and Exeter St David’s, connecting it to the national network. Exeter airport is some 5 miles away.

Today, Topsham is considered a special place to live and boasts excellent local amenities including a school, outside swimming pool, bowling green, tennis courts, doctor’s surgery, sailing club, extensive range of independent shops together with numerous pubs, cafes and highly regarded restaurants. It is also popular for its boating, cycling routes, antiques centre and bird watching nature reserve.

GROUND FLOOR
Entrance into the hallway with the commercial unit to your right. Further door leading into the main hallway with stairs rising and a storage cupboard. Open plan lounge diner with gas effect log burner and double doors to the garden. Utility room with sperate WC. Fitted kitchen breakfast room with door to the rear garden.

FIRST FLOOR
Landing with doors to all rooms, further stairs rising and storage cupboard. Double bedroom with ensuite shower room and view to the rear. Further bedroom with dressing area also ideal for an office, outlook to the rear. Main bathroom with separate walk-in shower.

To the front is a large lounge this room could also be used as a further bedroom.

SECOND FLOOR
Further double bedroom with an outlook to the front and rear, ample storage with built in wardrobe space.

OUTSIDE
Rear sunny courtyard garden with raised decking and summer house. Storage to the side. Double doors into the open plan downstairs living.

COMMERCIAL UNIT
This is currently let on a 3-year leasing ending on the 2nd August 2024. It is a skincare shop, open 5 days a week, with a very low footfall. The rent is £7,200pa and has not been increased in 10 years.

In August the owner of the freehold will have flexibility. The current lease can be renewed, subject to agreement of the shop owner. Alternately, the agreement can be ended. The owner of the freehold could make use of the premises, either as a commercial operation or incorporate the area back into residential usual (planning permission not required).

The shop is below the threshold for business rates. One additional point of interest is that, as a mixed use property (domestic and commercial) the additional stamp duty of 3% which is usually payable on second properties is null and void.

This property has been well maintained throughout and offers diverse living whilst generating a separate income. For further information or to arrange a viewing, please contact our office.

Full Details

Garden

Lounge

Kitchen

Lounge

Sitting room

Sitting room

Snug

Utility room

WC

Lounge

Bedroom

Bedroom

Bedroom

Bedroom

Ensuite

Bathroom

Back Garden

Back Garden

Shop

Shop