Grade II listed retail and maisonette with parking and income potential.
- Grade II listed freehold, 1,451 sq ft total
A rare mixed-use freehold in central Devizes, this Grade II listed building combines street-front retail with a residential maisonette above. The ground floor shop (vacant) and large cellar offer immediate commercial potential while the first-floor maisonette is currently let on a short-hold tenancy, producing part of the projected annual income of £17,100.
The property is solid Victorian brick with secondary glazing and gas central heating, presented in good decorative order. Practical assets include private parking and a secure rear garage—unusual commodities in a town-centre location—and an EPC rating of C. The shop layout, wooden floor and display window suit a range of small retail or service uses, or conversion subject to listing constraints.
Important considerations: the Grade II listing will restrict external and certain internal alterations and may complicate refurbishment or change-of-use plans. The area scores as deprived with very high recorded crime and hampered local aspiration, which will affect tenant mix and lettability. Broadband speeds are slow, and the building’s solid brick construction likely lacks modern insulation, which could increase running costs or require sensitive upgrade work.
This is a practical opportunity for an investor or owner-operator seeking an income-producing, town-centre asset with clear scope to add value through tenancy management, targeted refurbishment, or rental re-letting of the vacant shop. Buyers should allow for listed-building consent processes and factor in measures to mitigate local area challenges.
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