Price £89,000 Under Offer

A surprisingly large retail/commercial premises situated in the heart of the pretty little town of Colyton in East Devon. The shop is double fronted with large window displays either side of the entrance and offers in excess of 1000 Square feet of space made up of a large central area with additional store rooms/kitchen and a w.c. at the back. The current use if defined as part Class A1 (Retail) and part Class A2 (financial and professional services). Colyton is a pretty little market town (more like a village) with a small town centre offering a good range of daily needs including two convenience stores, fish and chip shop, butcher, hairdressers, post office, small stationers, pharmacy, health centre, garden centre, library and a few other individual shops. On the edge of the town is the tramway station which operates services throughout the summer along the Axe Estuary to Seaton. The Jurassic Coast and pretty harbour at Axmouth is just 2.5 miles away and the ever-popular seaside resort of Lyme Regis just 7 miles to the east. There is a primary school in the town and the well regarded Colyton Grammar School is just over a mile away. A beautiful Church is at the heart of the town and there is an interesting variety of architecture. Nearby Axminster (6 miles), has a mainline station with regular trains to London Waterloo and Exeter. The city of Exeter is approx. 25mins by car and the airport just outside Exeter is approx. 19 miles.

The accommodation, all measurements approximate, comprises:

MAIN RETAIL AREA - 7.15m (23'5") Into Bay x 3.71m (12'2") : 26.53 sqm (286 sqft)
Measured at longest and widest points. Double bay hardwood windows to front with deep sill. Double opening hardwood door to front with window over.Telephone and power points. Door opening to:-

ENCLOSED OFFICE AREA - 5.87m (19'3") x 2.86m (9'5") : 16.79 sqm (181 sqft)
Window to front. (Partitioned space from the main retail area). Cupboard housing electric circuit breaker, lights, heaters and stop cock. Power points. Door to:-

STATIONERY CUPBOARD/STORE ROOM - 2.44m (8'0") x 2.08m (6'10") : 5.08 sqm (55 sqft)
Shelving. Safe.

Returning to main retail area. Open plan to:

STORE AREA - 6.93m (22'9") Max x 6.82m (22'5") Max : 47.26 sqm (509 sqft)
Shelving. Smoke alarm. Telephone and power points. Attractive flag stone floor. Door to:-

STORAGE CUPBOARD/OFFICE - 3.45m (11'4") x 2.14m (7'0") : 7.38 sqm (79 sqft)
Skylight window. Shelving.

Returning to main retail area/store, a hidden door leads to a passge and two additional rooms.

STORE - 3.65m (12'0") x 3.65m (12'0") : 13.32 sqm (143 sqft)
Wall shelving. Light and power.

Continue along the passage to:-

FURTHER STORE - 3.35m (11'0") x 3.35m (11'0") : 11.22 sqm (121 sqft)
Small step up. Storage space with shelving. Deep butler sink. Door to:-

Fitted with w.c. and wash hand basin.

Business rates are approximately £6100 for the main shop and stores and £2800 for the smaller Class A2 office space. However, there is currently 100% business rates relief for small businesses with only one premises.

The property is currently set out as mainly shop premises (Class A1) with the separated section having Class A2 use (financial and professional services).
The property was formerly let @ £8950 p.a.

Leasehold. 999 year lease with share of freehold. The lease began in 1992 and has 973 years remaining.

Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

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