WESTCOUNTRY INVESTMENT PROPERTY IN HIGH STREET

Price:

Freehold - £80,000

Seller Ref:

WD567

Location:

Devon, exeter, Crediton

Business Type:

Commercial Property, Corporate Businesses

See Other:

Investment properties for sale in Devon
Other commercial property for sale in Devon
Retail space for sale in Devon
Miscellaneous businesses for sale in Devon
Commercial property for sale in Devon
Corporate businesses for sale in Devon

Description:

THE BUSINESS:

HIGH STREET CREDITON DEVON EX17 3AE

REDUCED TO £80,000

Ground Floor Shop Premises
Investment Property For Sale
Currently Let To Ivory Secret (Business Not Affected)
404 Square Feet Shop Plus Kitchen & Wc
Rental Income £6000 Pa (7%)

Ref W567

PREMISES
Located in the High Street of popular market town of Crediton near Exeter the property is opposite HSBC Bank and next to the Video shop. Good foot fall and an impressive Georgian building. The shop is located on the ground floor directly over looks the High Street.

SHOP
Main glazed window and part glazed door way leading to

Approx 404 square feet of trading floor on mainly level area with ceiling lighting in good condition refurbished Spring 2011.

KITCHEN / STOCK ROOM
Area with stainless steel sink and kitchen base units

Stock area approx 74 square feet with rear side delivery entrance

Security windows and doors to comply with insurance regulations.

Small store cupboard & new Wc

RENT
(£6,000 per year) 7%

TENURE
Virtual freehold
Original lease term 125 years (granted in 1986) 100 years to run. Peppercorn rent.

The Buildings management is conducted buy the four proprietors (2 shops 2 flats). Any general up keep or refurbishment of the properties structure is share between the parties. Ie buildings insurance, external painting etc.

VIEWING
For all viewing arrangements please contact Gary Cleverdon at Westcountry Commercial Business Agents on 01363 77 55 00. Under no circumstances should any approach be made to the vendor or the vendor’s staff as the proposed sale of business is highly confidential. If you are travelling a great distance please contact the office to confirm availability of this business.

Westcountry Commercial Business Agents give notice that these details are prepared and produced in good faith and set out as a general guideline and do not constitute any part of a legally binding contract. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of them.? Copyright 10-2011

Location Details:

Opposite HSBC