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FOR SALE 

COASTAL FREEHOLD BUILDING

1 ROSALIE TERRACE

SOUTH STREET, WOOLACOMBE, DEVON EX34 7BJ

 

GUIDE PRICE: £200,000 FREEHOLD

* Freehold coastal village centre property * Former Bank premises *

* Poss. residential use (subject p.p) * Ideal for owner/occupier *

* Poss. development opportunity * Situated in ‘restaurant quarter’ *

* Ideal holiday home/letting investment *

 

LOCATION

The property is located in the heart of North Devon's premier beach resort, facing the Atlantic and with a 3 mile sandy surfing beach. The village has a resident population of approximately 1,000 inhabitants but during the summer months many thousands of tourists flock to the resort. The subject property is situated in the restaurant quarter amongst restaurants, take- aways and bars.

 

THE PREMISES

Originally a residential property and occupying a bold corner plot on South Street, a former Bank premises comprising ground floor fitted banking hall along with first floor offices, kitchen and toilet. There is a side door allowing separate access for the first floor if required.

 

THE PROPOSAL

Our clients are seeking offers based on a guide price of £200,000 for the Freehold interest.

 

LEGAL COSTS

Each party to bear their own legal costs.

 

ACCOMMODATION:

 

GROUND FLOOR

Approximately 370 sq ft and fitted as a banking hall with security counter and partitioning. There is a main front door and further side door. Turning staircase to first floor and:-

 

KITCHEN

8'2" x 7'2" (2.5m x 2.2m) fitted storage units and stainless steel sink unit.

 

OFFICE ROOM

11’8” x 11” (3.6m x 3.4m)

 

OFFICE ROOM

10’ x 8’8” (3.1m x 2.7m)

 

CLOAKROOM

Low level w.c, pedestal basin, space for shower or bath, storage cupboard.

 

RATEABLE VALUE: £5,000 

OIRO £200,000

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