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Guide Price£325,000

Broad Street, South Molton

Key Features

  • Development Opportunity
  • To create 5 residential Apartments
  • Plus 4 New Build dwellings
  • Retaining a commercial shop
  • Rebuilt in the 1960's
  • Steel & Block Construcion
  • Grade II Listed

Description

ABOUT THE DEVELOPMENT

A superb residential/commercial development opportunity in one of the most prominent positions within the historic market town square of South Molton. This impressive Grade II Listed building was rebuilt in the 1960's having been in the current families ownership since, comprising of streel frame and block construction beneath part slate and flat roofed sections, creating an ideal blank canvass to work from.

Planning consent and listing building consent was granted in February 2026 for the conversion of no. 5 apartments (4 x 2 bed units and 1 x 1 bed unit) whilst retaining an 82 m2 commercial unit from within the original building. Planning consent was also obtained in January 2026 to redevelop the rear parking area and create no. 4 new build units comprising, 2 x 1 bed houses and 2 x 1 bed flats. Currently, a vehicular access to the rear of the building provides a private driveway with ample parking space.

Planning consent was granted in February 2026; Demolition of existing garage / workshop together with conversion of commercial unit into five dwellings and a ground floor commercial unit (use class Ea - c)

Planning consent was granted in January 2026; Listed Building Consent for demolition of existing garage/workshop and erection of 4 dwellings:-

Please refer to the enclosed plans for existing and proposed layouts/floorplans.
The proposed total gross internal area would extend to approx. 405 m2 (4,359 sq ft) with the new builds to the rear adding 224 m2 (2,411 sq ft) of gross internal accommodation.

THE AREA

The property is prominently located in the town centre overlooking the town square.

The market town of South Molton, located just to the south of Exmoor, offering an excellent range of everyday services including shops, schools, restaurants, together with a Sainsbury's supermarket, health centre, recreational facilities and cottage hospital. The town also enjoys a traditional country pannier market twice weekly.

SERVICES & OUTGOINGS

We understand that all mains services are connected to the property.
North Devon Council Planning-

Planning application: 79559 - Council Services

Planning application: 80064 - Council Services

Current ratable value £21,500 for a shop and premises and based on its current size (421.2 m2) It would be assumed that 82 m2 may qualify for small business rates relief.

DIRECTIONS

The property is located in the centre of South Molton's town square.

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NOTE: VIEWING STRICTLY BY APPOINTMENT ONLY PLEASE CONTACT THE OFFICE PRIOR TO VIEWING THE PROPERTY.

IMPORTANT NOTICE

These sale particulars have been prepared as a general guide. They must not be relied upon as statements of fact. We have not carried out a detailed survey, nor tested the services, heating systems, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings. If there are points which are of particular importance to you, please make contact prior to viewing the property. To the best of our ability we try to represent the property accurately and honestly. A purchaser must make sure they are satisfied with the property before agreeing to proceed.

A Property Information Questionnaire & Title Register are available to prospective purchasers before committing to proceed with a purchase. We are not legal experts, and you must seek and be guided by your own legal advice. Talk to us if there are any questions or concerns relating to the property.

COPYRIGHT © 2026 MICHAEL ADEY PROPERTY

Tenure: Freehold

Property details

Tenure
Freehold
Council Tax Band
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Date Posted
2026-04-01

Utilities & Restrictions

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Rights & Restrictions

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Property Features

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Parking
Parking Available
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Map Location

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Contact Michael Adey Property, South Molton

106 East Street, South Molton, EX36 3DB

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