Sale Agreed
Offers over £250,000

Crediton (ref: 7121c088-1...)

3 bedroom

1 bathroom

1 reception

Floorplan

Shortlist

Key features

  • Prominent detached property
  • Steeped in local history
  • Mixed residential and commercial
  • Suitable for conversion subject to planning
  • Suit and variety of uses / incomes
  • Currently a 3 bedroom flat and large stores
  • Flat ready to let (Council tax A)
  • 3 access points for vehicles

Virtual Tour

A prominently positioned property in the town which has been home to some notable businesses over the years, Cherry & Symes is a mixed residential and commercial property with huge potential. Many local people will remember it as a garage, some as a shop and more recently, it’s been used as stores and a flat. It’s not listed but does sit in the conservation area and the façade has been unchanged for many years.


The Flat
With its own door (and the opportunity to give it a garage underneath), the good sized flat (approx. 1180sqft) occupies the first and second floors on the right hand side of the building (see floor plan) and is large with a bay windowed living room with exposed floorboards, a kitchen/dining room which opens onto the small courtyard garden and the first of 3 bedrooms on the first floor, plus the bathroom. On the second floor is a huge bedroom (could be 2 rooms) and a 3rd bedroom which has built in storage. The flat is empty and ready to let bringing an immediate income of approx. £800pcm


The Stores
With 3 separate vehicle entrances, it has huge potential. Overall it is approx. 2987 sqft. The ground floor has 2 garages, the former kitchen area, a WC and then the larger main store/retail/workshop space. Stairs lead to the first floor and up again to the second floor. It has been used for many years as stores and is rated as such with the valuation office. With the ability to drive in, work/store it’s a fairly unique opportunity for trades to have a base whilst gaining an income from the flat upstairs, or indeed, use as storage or even apply for planning to convert the commercial element to residential.


Please see the floorplan for room sizes.

Council Tax: Flat Band A (Mid Devon 2023/24 £1586.54) remainder business rates as stores (Zero rated with SBRR).
Utilities: Mains water, electric, telephone & broadband locally available (up to 67mb)
Drainage: Mains drainage
Heating: Modern electric heating to flat
Listed: No
Tenure: Freehold

DIRECTIONS : From the High Street, head towards Exeter and as you pass the war memorial (on your left) then the property will be seen on the right hand side. If you reach The Bike Shed, you’ve passed it!

what3words: ///cheeks.clogging.free

CREDITON : An ancient market town, with a contemporary feel – only a short, 20-minute drive NW from the city of Exeter. Set in the Vale of the River Creedy, amongst gentle, rolling hills and verdant pastures. Sincerely picture postcard. Once the capital of Devon, Crediton is famed for its inspiring sandstone church and for being the birthplace of Saint Boniface in 680 AD. Its high street is a vibrant place, abuzz with trade –artisan coffee shops, roaring pubs, a farmers’ market and bakeries, jam-packed with mouthwatering delights. For those commuting it has hassle free transport links into Exeter and for schooling a prestigious community college (Queen Elizabeth’s) – with an Ofsted “outstanding” sixth form. In addition, it boasts a brilliant gym & leisure centre for New Year’s resolutions, two supermarkets for the weekly shop and a trading estate for any practical needs. All neatly held in a single valley.


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Stamp duty due

Based on a sale price of £250,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

19 Property images

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Further details

  • Status: Sold STC
  • Tenure: Freehold
  • Outside spaces: Yard
  • Tags: Garage, Garden, Shed / Garden Room
  • Reference: 7121c088-1edb-4f43-94ec-342510a3d4da

Location

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