Brixham, Devon

£425,000 Freehold Ref: 4142
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The property is located right at the heart of Fore Street, Brixham. This is the town centre's busy pedestrianised retail high street. Brixham is known for its vibrant fishing trade and associated tourist activity around the colourful and busy harbour. The thriving town centre is home to a variety of national and independent retailers, cafes, restaurants and pubs.

28-32 Fore Street is a large wide fronted former bank, now arranged as a retail unit and ground floor ATM. The property has corner prominence and a return onto Union Lane. Union Lane is the main pedestrian cut through from Brixham town centre car park onto Fore Street. This means that the property enjoys very highest of footfall in the town.

The retail unit is let to Card Factory and the ATM is let to Natwest Bank. The current income combined £20,500 per annum.

At first floor level (currently vacant) planning consent has been granted for creation of 1 x one bedroom flat and 1 x two bedroom flat.

The property also owns the freehold of two further residential units, sold off on long leases. The combined ground rents of which are £225 per annum.

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