Helmores says ..

Property Oracle says ..

This listing is for a commercial property located on the High Street in Crediton, Devon. The property currently houses a Costa Coffee shop and may present a potential investment opportunity. The images provided showcase a modern and well-maintained interior within the Costa Coffee unit. The property’s external condition is also seemingly in excellent repair. While the High Street location offers excellent visibility and accessibility to foot traffic, detailed information regarding the property’s size, lease details and the condition of the space above the Costa Coffee shop is missing. The absence of square footage information prevents a definitive comparison with similar properties in Crediton and the nearby streets. While several nearby properties are listed, their prices lack sqft information to aid in calculating a meaningful per-sqft price and provide robust comparison data. Proximity to Crediton train station and multiple primary and secondary schools within a reasonable distance enhances the property’s appeal. The overall assessment requires a detailed survey and understanding of rental income before giving any conclusions on the listed price. Further information about the specifics of the lease arrangement with Costa Coffee (lease length, rental terms, etc.) would significantly aid in properly evaluating the investment potential. Without knowing the current lease situation and having missing data, the property presents both opportunity and risks to a potential buyer.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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