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Investment

Investment For Sale Exmouth

PROPERTY ID: 135892

PROPERTY TYPE

Investment

STATUS

Available

SIZE

0 sq.ft

Key Features

Mixed use freehold investment
Income producing retail unit and 5 residential flats above all sold on long leasehold
Passing rent: £40,755 p.a.
Guide price: £475,000

Property Details

The property is situated within the heart of the town in a prominent corner position on Rolle Street amongst a number of multiple and independent retailers, Banks, cafes, bars and restaurants. The property is also close to the Scott Independent Cinema, M & S food, Leisure East Devon Indoor Sports and Swimming Pool and train station. Exmouth is a popular seaside town in East Devon with a population of approximately 34,000 benefiting from substantial seasonal boosts throughout the year. The two main car parks within the town centre, the train station, the beach and seafront are all within walking distance.

Mixed Use Freehold Investment Income Producing Retail Unit And 5 Residential Flats Above All Sold On Long Leasehold Passing Rent: £40,755 P.a. Guide Price: £475,000 The Property Is Situated Within The Heart Of The Town In A Prominent Corner Position On Rolle Street Amongst A Number Of Multiple And Independent Retailers, Banks, Cafes, Bars And Restaurants. The Property Is Also Close To The Scott Independent Cinema, M & S Food, Leisure East Devon Indoor Sports And Swimming Pool And Train Station. Exmouth Is A Popular Seaside Town In East Devon With A Population Of Approximately 34,000 Benefiting From Substantial Seasonal Boosts Throughout The Year. The Two Main Car Parks Within The Town Centre, The Train Station, The Beach And Seafront Are All Within Walking Distance. The Property Comprises Two Ground Floor Self-contained Retail Units. One Is Occupied By Coral The Bookmakers And The Other A Fast Flood Outlet. On The Upper Floors There Are 5 Flats All Of Which Have Been Sold Off On A Long Leasehold Basis. The Property Is Registered For Vat. It Is Anticipated That The Transaction Will Be Treated As A Transfer Of A Going Concern (togc). 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. See Pdf Details.

About the Agent

Stratton Creber Commercial - Exeter

See Agent's Other Properties

Investment Unit

£475,000 Freehold

1-2 The Strand And 3 The Cornerhouse, Exmouth, EX8 1AB
Investment - Available
0 sq ft
0 sqm
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