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Investment

Investment For Sale Honiton

PROPERTY ID: 150116

PROPERTY TYPE

Investment

STATUS

Available

SIZE

1,424 sq.ft

Key Features

Town centre mixed use investment
Popular East Devon market town
Fully income producing
Two x 1 bedroom flats, One x 3 bed flat
Ground floor shop
All units self-contained
Rent: £25,700 p.a.
Guide price: £250,000

Property Details

Honiton is a popular market town in the centre of East Devon which sits at the junction of the A30, A35 and A376 roads. The town is approximately 16 miles east of Exeter and linked via the A30 dual carriageway providing a direct link to Junction 29 of the M5 Motorway. Honiton has a resident population of approximately 12,000 and provides a diverse range of retail facilities represented by a number of national multiples together with independent retailers, cafes, restaurants and public houses.

New Street is a central location off the High Street, home to a number of predominantly independent shops and professional services as well as Honiton Library. There is a large pay and display car park, bus stop and Honiton train station.

40 New Street Is A Mid Terraced Property Comprising A Ground Floor Shop, With Two Flats Above, A Ground Floor Flat Behind And A Communal Enclosed Garden.

Town Centre Mixed Use Investment

Popular East Devon Market Town

Fully Income Producing

Ground Floor Shop

Two X 1 Bedroom Flats, One X 3 Bed Flat

Honiton Is A Popular Market Town In The Centre Of East Devon Which Sits At The Junction Of The A30, A35 And A376 Roads. The Town Is Approximately 16 Miles East Of Exeter And Linked Via The A30 Dual Carriageway Providing A Direct Link To Junction 29 Of The M5 Motorway. Honiton Has A Resident Population Of Approximately 12,000 And Provides A Diverse Range Of Retail Facilities Represented By A Number Of National Multiples Together With Independent Retailers, Cafes, Restaurants And Public Houses.

New Street Is A Central Location Off The High Street, Home To A Number Of Predominantly Independent Shops And Professional Services As Well As Honiton Library. There Is A Large Pay And Display Car Park, Bus Stop And Honiton Train Station.

40 New Street Is A Mid Terraced Property Comprising A Ground Floor Shop, With Two Flats Above, A Ground Floor Flat Behind And A Communal Enclosed Garden.

The Ground Floor Shop Is Currently Occupied By A Physiotherapists Practice. It Has A Waiting Area, Two Treatment Rooms, A Store, Kitchenette And Staff Wc. The Unit Is Well Presented With Good Sized Display Windows.

Accessed From A Side Passage Are Three Self Contained Flats. Flats A And B Are On The First Floor. Flat A To The Front Of The Building Over Looking New Street, Has Three Bedrooms, Kitchen/ Living Room And Bathroom. Flat B Is Situated At The Rear And Comprises A Open Plan Kitchen/ Living Room, Bedroom And Bathroom.

Flat C Is On The Ground Floor To The Rear Of The Property And Comprises A Open Plan Kitchen/ Living Area, Bedroom With En Suite Bathroom. To The Rear Is A Small Fully Enclosed Paved Garden.

Each Flat Has Electric Heating.

Vat Will Be Applied At The Standard Rate Where Applicable.

Both Parties To Bear Their Own Legal Costs In The Transaction.

An Epc Is Available For This Property. Please Contact The Agent For Further Details.

All Units Self-contained

Rent: £25,700 P.a.

Guide Price: £250,000

About the Agent

Stratton Creber Commercial - Exeter

See Agent's Other Properties

Investment Unit

£250,000 Freehold

40 New Street, Honiton, EX14 1BU
Investment - Available
1,424 sq ft
132 sqm
Show phone number

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