TypeRetail Investments
TenureFor sale
A well located Grade II listed ground floor shop premises currently occupied by Café Salute.
Open plan shop area leading to a rear storage area and WC.
Kingsbridge is the shopping/business and cultural hub of the South Hams and is also an important tourist destination. The town benefits from a resident population of 5,800 and attracts consumers from the surrounding villages. The resident population increases during the summer months with an influx of tourists and second homeowners. Kingsbridge is approximately 20 miles east of Plymouth, 40 miles south-west of Exeter with the Devon Expressway (A38) approximately 12 miles north-west of the subject premises.
Annual rental income £10,500 PAX
Asking price £105,000 reflecting a 10% gross yield.