3 bed light industrial

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3 bed light industrial

Church Street, Modbury, Ivybridge PL21
£295,000

Our Summary

  • Exciting Investment Opportunity

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph without a list: 8 Church Street in Modbury is a substantial investment opportunity in the heart of the picturesque Georgian town, situated in an Area of Outstanding Natural Beauty. The property is a Grade II Listed building with a prominent position on the high street, currently split into two residential units and a ground floor retail unit trading as a hair salon. The property has been well-maintained and retains character features throughout. The residential units, one with one bedroom and the other a large maisonette, are both tenanted and generate a gross annual rent of £25,800 with a yield of 7.65%. The property is being sold freehold subject to the current tenancies and is available for viewing by appointment with Luscombe Maye.