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Investment For Sale, Sidmouth, Devon

Investment in Sidmouth
Investment in Sidmouth

Property ID: 157296

£250,000 Freehold

32 - 36 Woolbrook Road, Sidmouth, Devon, EX10 9UZ

Type Investment
Status Available
Size 1,319 sq ft

Key Features

  • Fully income producing investment
  • Popular seaside town
  • Two shops with 3 bedroom self-contained flat above
  • Passing rent: £24,300 p.a.
  • Guide price: £250,000 reflecting a net initial yield of 9.47% after purchasers costs
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Description

The property is prominently situated on Woolbrook Road, approximately one mile northwest of Sidmouth town centre. Woolbrook Road forms part of a well-established mixed use area serving the local community with a range of independent retailers, cafes, and service businesses nearby. The surrounding area includes a mix of residential and commercial properties.

Sidmouth is an attractive and popular coastal town located on Devons Jurassic Coast, renowned for its heritage architecture and seaside charm. The town benefits from good transport links with the A3052 providing access to Exeter (approximately 15 miles to the west) and Lyme Regis to the east. Regular bus services connect Sidmouth with surrounding villages and Exeter, offering convenient local and regional accessibility.

Fully Income Producing Investment

Popular Seaside Town

Two Shops With 3 Bedroom Self-contained Flat Above

Guide Price: £250,000 Reflecting A Net Initial Yield Of 9.47% After Purchasers Costs

Passing Rent: £24,300 P.a.

The Property Is Prominently Situated On Woolbrook Road, Approximately One Mile Northwest Of Sidmouth Town Centre. Woolbrook Road Forms Part Of A Well-established Mixed Use Area Serving The Local Community With A Range Of Independent Retailers, Cafes, And Service Businesses Nearby. The Surrounding Area Includes A Mix Of Residential And Commercial Properties.

Sidmouth Is An Attractive And Popular Coastal Town Located On Devons Jurassic Coast, Renowned For Its Heritage Architecture And Seaside Charm. The Town Benefits From Good Transport Links With The A3052 Providing Access To Exeter (approximately 15 Miles To The West) And Lyme Regis To The East. Regular Bus Services Connect Sidmouth With Surrounding Villages And Exeter, Offering Convenient Local And Regional Accessibility.

The Subject Property Comprises An Attached Mixed Use Grade 2 Listed Building Of Cob Construction With A Rendered External Finish, Beneath A Continuous Roof. To The Rear, There Is A Single Storey Extension Of Brick Construction With A Slated Roof. The Premises Are Understood Have Been Converted To Retail Use During The Mid-20th Century And Are Presently Arranged To Provide A Ground Floor Lock Up Shop Together With An Additional Ground Floor Retail Unit And Self Contained Residential Accommodation At First Floor Level.

Accommodation
32 Woolbrook Road: 489 Sq Ft (45.5 Sq M)
34 - 36 Woolbrook Road: 830 Sq Ft (77.18 Sq M)
3 Bedroom Flat: Unmeasured
Total: 1,319 Sq Ft (122.68 Sq M)

Services
Mains Services Are Connected, The Flat Benefits From Gas Has Fired Central Heating.

Tenure
Freehold With Benefit Of The Occupational Leases.

Proposed Sale
The Property Is Offered For Sale Freehold, At A Guide Price Of £250,000. Please Contact Agents For Further Details.
Agent For Further Details.

Figures Stated Are Exclusive Of Vat.

Each Party To Bear Their Own Legal Costs In The Transaction.

32 Woolbrook Road: B (31)
34 - 36 Woolbrook Road & Flat: B (46)
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Stratton Creber Commercial - Exeter
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Property ID: 157296

Investment For Sale, Sidmouth, Devon
£250,000 Freehold

32 - 36 Woolbrook Road, Sidmouth, Devon, EX10 9UZ

Investment · Available · 1,319 sq ft

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Stratton Creber Commercial - Exeter
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