Summary - 87, FORE STREET TQ7 1AB
1 bed 1 bath Retail Property (high street)
Compact income-producing shop ideal for hands-off high-street investment.
Grade II listed ground-floor retail unit in central Kingsbridge
Currently let to a sole trader bistro — £10,500 pa rental income
Asking price £105,000 reflecting approximately 10% gross yield
Small footprint 431 sq ft; narrow frontage, no rear yard or garden
Open-plan shop with glazed display, rear storage and WC
Listed status may restrict alterations and complicate redevelopment
Tenure unknown — buyer to confirm title and lease details
Upper floors appear residential/ancillary — potential but needs checks
A compact, Grade II listed ground-floor retail unit on Kingsbridge’s paved high street, currently let to a sole-trader bistro. The property produces a confirmed annual rental income of £10,500 pax, giving the asking price of £105,000 an advertised gross yield of around 10% — a straightforward, income-led opportunity for investors seeking town-centre exposure in an affluent small town.
The ground floor is an open-plan shop with a full-height glazed display frontage, rear storage and WC, previously operated as Café Salute. The footprint is small (431 sq ft) with narrow frontage and no visible external yard or garden, so the unit suits continued retail/café use or a similar compact commercial use. Broadband is fast and mobile signal excellent, supporting digital bookings and deliveries.
Buyers should note the Grade II listing: statutory protections will restrict external and internal alterations and may complicate redevelopment or change-of-use proposals. Tenure is unknown and upper floors appear to be traditional residential/ancillary accommodation, offering potential but requiring due diligence on access, planning and listed-building consent.
This is a practical, central high-street investment with steady rental income and clear operational use. It will suit investors seeking a small, low-management asset in a well-served town centre, provided they accept listed-building constraints and the unit’s compact size.
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