Summary - 2 Tamara Court, 26 Gold Street, TIVERTON EX16 6PY
1 bed 1 bath Commercial Property
Turnkey retail investment with immediate rental potential and warranty protection.
New build shop unit, completed 2023, open-plan 52 m² (approx. 560 sq ft)
A newly built, street-level shop unit in the centre of Tiverton’s busy Gold Street, suited to an investor seeking an easy-to-manage rental. The unit is open-plan with large display windows, triple glazing and a high-spec finish; it benefits from a 10-year BuildZone warranty and modern, thermally efficient construction completed in 2023.
Projected rental income of around £800 pcm (£9,600 p.a.) gives a potential gross yield in excess of 7% at the asking price, making this attractive as a simple buy-to-let commercial purchase. The unit is small (approx. 52 m² / 560 sq ft) and designed for straightforward retail or service uses in a busy café/retail quarter.
Buyers should note material considerations: the property sits in a higher-crime, deprived local area described as a transitional neighbourhood with constrained renter profiles, which can affect tenant quality and vacancy risk. Business rates are not confirmed and will affect net returns; heating is electric with boiler/radiator setup and electricity costs should be factored into operating expenses.
Overall this is a low-maintenance, new build investment in a central trading location with clear rental potential and long leasehold security. It suits investors willing to trade slightly elevated local risk for immediate income and a modern unit covered by warranty.
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