Summary - 88, HIGH STREET TQ9 5SN
1 bed 1 bath Commercial Property
Let shop with secure charity tenancy in historic Totnes town centre.
Grade II listed mid-terrace with distinctive Georgian curved façade
A rare freehold retail opportunity in the heart of Totnes, currently let to a strong, well-known charity tenant. The ground-floor shop delivers immediate income with a passing rent of £10,750 per year and a tidy total floor area of about 76.5 sq m (c.824 sq ft).
The building is Grade II listed with attractive Georgian features and a curved façade that enhances street presence in the prime High Street location. Upper floors are in long leasehold ownership and generate separate ground rents; the ground floor has an EPC rating of C.
Buyers should note the constraints of listed status and the building’s traditional timber-frame construction with assumed lack of insulation, which will restrict alterations and could increase refurbishment costs. The freehold is offered subject to existing tenancies and a small combined ground rent of £80.
This lot suits an investor seeking a town-centre, income-producing asset with character and a secure covenant, or a buyer willing to take a longer-term view on value uplift once listing constraints and heating/insulation are addressed.
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