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Development Oportunity near Tiverton

Pennymoor, Devon
Freehold Price:
£435,000
Status
FOR SALE
Advert ID
259239
Reference
CRUWYS3742 / Rightbiz

A business and development opportunity which sits in a substantial plot within the very heart of the tranquil village of Pennymore, Mid Devon. Over the last few years improvements and conversions have taken place to now offer a spacious owner’s cottage, two-bedroomed apartment, large public house, outbuildings and substantial carpark. The pub is in great condition and is vast inside, far larger than required, and fronts a lovely village square with a convenient bus stop opposite. Locally affordable homes and smaller dwellings are in great demand and due its plot size, outbuildings, open space and ideal public road access, this property would allow for a profitable conversion project. Sale subject to planning and a joint venture will be considered....

 

 

LOCATION

Pennymore is in a rural parish in Mid Devon, only a few miles from the market town of Tiverton, which benefits from the M5 Motorway. This nearby town has a 24hr supermarket together with a lovely high street with cosmopolitan feel and an array of independent retailers and much more. The dual carriage motorway links larger cities such as Exeter, with its International airport and mainline railway to Paddington, London. The village lies in the parish of Cruwys Morchard in Mid Devon comprising of three villages, Pennymoor, Way Village and Nomansland.

 

PLANNING

Currently trading as the “Cruwys Arms” Pennymoor, Mid Devon. The property achieved a part change of usage to convert a stores area to additional residential space, making a lovely self-contained apartment. Planning ref: Feb – 2007, 06/02633/FULL

The property also benefits from large stores to rear, outbuilding, open space, oversized public house and substantial carpark. We, the agents feel a part conversion allowing for a smaller public house to remain would be in line with planning guidance and would be seen more favorably by the local planning authority; Mid Devon District Council Planning Authority, Phoenix House, Phoenix Ln, Tiverton EX16 6PP, 01884 255255.

 

TENURE

FREEHOLD (Guide price £435,000)

 

SERVICES

Mains water, sewage, electricity, telephone and broadband are all connected. No testing of these services has been undertaken by the agents Ware Commercial.

 

BUSINESS RATES / COUNCIL TAX

Please make enquiries on the local valuation website (VOA) at www.voa.gov.uk

 

VIEWINGS

All viewings and enquiries are to be made through the agents Ware Commercial.

TEL. 01803 328880 or 01392 462266 Email. info@warecommercial.com www.warecommercial.com

Listing Details
Freehold Price: £435,000
Tenure: Freehold
Location: Pennymoor, Devon
Sector: Development Sites
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Advert Reference: CRUWYS3742 / Rightbiz

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