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For Sale

The Triangle

Specifications

1,381 Sq Ft (128.29 Sq M)
£
For Sale: £450,000 Guide Price
The Triangle, Kenton, Exeter, Devon, EX6 8LB
Current Brochure

Summary

Ground Floor Shop: 571 sq ft (53.04 sq m) FF & SF Maisonette: 810 sq ft (75.14 sq m) Total: 1,381 sq ft (128.18 sq m)
Prominently located on Fore Street
Development potential subject to planning
Suitable for owner occupiers for continued existing salon use
Investment potential on the ground floor or maisonette above
Character property with period features
High specification retail fitout with additional sales area potential

Description

The property consists of a listed period building with good sized retail premises and large self contained 3 bedroomed maisonette on the first and second floors.

The ground floor sales area benefits from a high specification hair dressing salon with additional sales, with office and kitchen located to the rear, The sales area also features a stunning 30-pane bowed shop window which forms a prominent façade highly visible from the pavement and roadside.

The residential element of the premises is accessed from the pavement to the righthand side of the property and leads to a first floor landing with kitchen, living room and bedroom 3 on the same floor. The second floor leads up to the large master bedroom with the bathroom and bedroom 2 located on the same floor.

The first and second floors are currently configured as a 3 bedroomed self-contained maisonette although we envisage that this could be redeveloped to form an attractive 4-5 bedroomed period family home subject to the necessary planning consent.

Location

The property is located in the village of Kenton, approx. 8.5 miles from Exeter in the county town of Devon. The village has two restaurants (Chi and Rodean), a pub, post office, primary school, medieval church and is close to Powderham Castle and Farm Shop.

The building itself is situated in a prominent position on Fore Street which forms the main spine road through the centre of the village and is close to Kenton car park which benefits from free parking all day. The property is also situated next to Kenton's bus stop which provides regular bus links to Exeter (Northbound) and Dawlish (Southbound) on a daily basis. There are also rail links from Starcross circa 2 miles from the subject property.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition).

Maisonette

First Floor:
Kitchen: 144 sq ft (13.34 sq m)
Living Room: 206 sq ft (19.12 sq m)
Bedroom 3: 104 sq ft (9.69 sq m)

Second Floor:
Bathroom: 63 sq ft (5.82 sq m)
Bedroom 2: 88 sq ft (8.17 sq m)
Master Bedroom: 205 sq ft (19.00 sq m)

Business Rates

From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value is £3,650. The approx. rates payable will be £1,821 for the current year. From the 1st April 2023 a new rating list comes into effect which will see the Rateable Value increase to £3,950, making the approximate Rates Payable £1,971 per annum for 2023/24.

Residential council tax: Band B. Further details can be found at https://www.teignbridge.gov.uk

Services

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC / MEES

C (70) for commercial property
E (51) for residential property.

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

All figures quoted are exclusive of VAT if applicable.

Agent Contacts