Summary - 3, FORE STREET TQ9 5DA
2 bed 1 bath Apartment
Spacious mixed-use building with parking and strong town-centre footfall.
- Grade II listed town-centre freehold with strong central location
- Large overall footprint: approx. 3,032 sq ft across retail and residential
- Ground-floor retail: bright space with central glazed roof, flexible layout
- Upper two-bedroom apartment previously let at £1,000 pcm
- Off-street parking to rear for several cars (c. four spaces)
- Listed status restricts alterations; conservation consent likely required
- Medium flood risk and local crime rated high; insurance implications
- Traditional walls likely uninsulated; may need fabric and services upgrade
A rare, large freehold mixed-use building in the heart of Totnes, combining a spacious ground-floor retail unit with two-storey residential accommodation above. The Grade II listing and traditional façade secure character and town-centre presence, while off-street parking to the rear for several cars is a notable practical advantage in this location.
The ground-floor shop benefits from good natural light via a central glazed roof and flexible trading space; above it is a self-contained two-bedroom apartment previously let at £1,000 pcm. The property footprint (approx. 3,032 sq ft) and separate ground-floor commercial access create clear options: retain as an income-producing asset, occupy part while renting the remainder, or pursue modest reconfiguration subject to consents.
Buyers should be aware of material constraints: listed status will restrict alterations and may add cost and delay to refurbishment. The building dates from the early 20th century with traditional stone walls likely lacking modern insulation, and mains gas boiler heating. There is a medium flood risk and the local crime level is recorded as high — both factors for consideration when assessing insurance, letting prospects and tenant mix.
Overall this is an investment-led opportunity for a buyer comfortable with period fabric and conservation constraints. With location strength in Totnes town centre, existing parking and a flexible retail/residential mix, the property suits an investor or owner-occupier prepared to manage listed-building works and modest refurbishment to unlock higher rental or trading value.
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