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£450,000

Thorning Street, Salcombe

  • 0 beds
Detached house

£450,000

  • 0 beds
Detached house
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Estimate monthly mortgage payment:

£2,054 per month

Minimum deposit amount:

£22,500
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Full Details

This is a rare opportunity to buy a part of historic Salcombe - traditional commercial premises in the heart of the town along Thorning Street, just a stone's throw from Batson Creek, which is found at the end of the street. This terraced period building, Listed Grade II, is currently used as a workshop and storage over two floors for a number of local businesses and also incorporates a single garage.

The premises are part let: on the ground floor is a sculptors workshop and gallery, whilst there are three further units let out in the building. These are let on quarterly tenancies and more details are available from Luscombe Maye. There is also one empty unit plus a w.c., small store and single garage.

Thorning Street is located just off Island Street and located in the heart of the boat building history of the town. With level access into the residential and other retail areas of Salcombe, both Thorning Street and Island Street are today home to a number of homes and businesses and are a thriving community and hub of the town. Ever popular with holiday makers given its stunning location and together with the long history of Salcombe's past of fishing and shipbuilding , there are now excellent shops, retails outlets, galleries, cafes and restaurants to enjoy in the town, together with access to the Salcombe Estuary itself. Pontoons are found at Shadycombe and Batson, within striking distance of property. Additional access to the water is found at Whitestrand and Normandy Pontoons, where you can also take a ferry over to East Portlemouth on the other side of the Estuary, or to South Sands, close to the mouth of the Estuary. The numerous sandy beaches are a natural magnet for holiday makers and all forms of water sports are found in the area, together with breathtaking walks on the South West Coastal Path, plus golf at Thurlestone and Bigbury.

FURTHER INFORMATION

As part of our transparency policy, we request our sellers fill out a Property Information Questionnaire. This information can be provided to you. However, we recommend that you verify any information given during the conveyance process.

Tenure: Freehold

Rental income: currently £4,070 per annum. The current owners have kept rents low to support local businesses.

Construction: part stone and part timber

Electric: Mains

Water: Mains

Heating: none

Sewerage: Mains

Broadband: none

Mobile signal: Please check the Ofcom website.

Parking: single garage incorporated into the building

Local Authority: South Hams District Council, Follaton House, Plymouth Road, Totnes TQ9 5NE.

Viewing: Strictly by appointment with Luscombe Maye

Directions: from our offices on Island Street, proceed along the road towards the town and Thorning Street will be found on the left hand side. The building is then on the left hand side.

Your estimated purchase costs

Find out how much it will cost to purchase this property.

Stamp Duty tax
These figures are estimates and are provided for guidance only
£1,250
Mortgage and legal costs:
£999
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