Summary - 89a Mill Street EX11 1AJ
2 bed 2 bath Detached
Rare freehold with retail, workshops and separate flat — immediate income potential.
Freehold mixed-use building with large ground-floor retail area
A substantial freehold in a prominent town-centre position, this mixed commercial and residential property offers clear income and development potential. The ground floor comprises a large retail area with adjoining workshops, stock room and yard — practical for a range of trades or as an income-producing business. The self-contained first-floor flat provides two double bedrooms, a sitting/dining room, kitchen, utility and bathroom, with a large loft that could be converted subject to planning.
This is an appealing proposition for investors or business owners wanting to live above their enterprise. The property is chain free and extremely large internally (approx. 1,383 sq ft), so it can be occupied, let immediately, or adapted for higher-value uses pending consents. Ottery St Mary benefits from good local amenities, schools and transport links to Exeter and the coast, supporting rental demand and footfall for retail uses.
Buyers should note material considerations: the building dates from c.1900–1929 with stone walls that likely lack insulation, broadband is not currently connected to the property, and there is a medium flood risk. Any loft conversion or change of use will require the necessary planning and building approvals. The small plot and town-centre setting limit extensive external alteration, but the interior and workshops present useful refurbishment and reconfiguration scope.
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