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For Sale

24 Fairfax Place

Specifications

1,744 Sq Ft (162.02 Sq M)
£
For Sale: £550,000 Guide Price
24 Fairfax Place, Dartmouth, Devon, TQ6 9AB
Current Brochure

Summary

Mix Use investment opportunity
Prime shop and large Maisonette above in affluent Dartmouth
Approx. 1,744 sq ft (162.04 sq m) total accommodation
Income producing retail unit let on a commercial lease
Self contained flat above
Other occupiers in the vicinity include Cornish Bakery, Jam Industries, Co-Op, Crew Clothing and Moshulu
Additional storage to the rear

Description

A rare opportunity to purchase commercial ground floor premises with residential accommodation above. A primely located, attractive apartment in the heart of Dartmouth Town Centre. This spacious 4 bedroom property is split over 3 levels with 2 enn0suites and a newly built dining room with uPVC skylight at the rear. The commercial unit has been renovated and benefits from a large window frontage, as well as a kitchen area and WC.

Location

The historic coastal town is set on the banks of the River Dart Estuary, approximately 11 miles South East of Totnes and 40 miles South of Exeter. Dartmouth is a popular holiday destination particularly with the yachting fraternity, which has attracted an impressive selection of regional and national retailers including Warrens Bakery, Henri Lloyd, Crew Clothing, Quba and Seasalt in close proximately to the property.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a net / gross internal basis.

Ground Floor Retail Unit: 408 sq ft (37.9 sq m)
Maisonette over ground, first, second and third floors: 1,336 sq ft (124.14 sq m)

Grand Total: 1,744 sq ft (162.04 sq m)

Business Rates

From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value of the ground floor is £15,500, therefore making the approximate Rates Payable £5,921per annum for 2026/27.

Interested parties are advised to confirm the rating liability with South Hams District Council.

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 (60)

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