Investment Properties for sale in Lynmouth

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Lynmouth, Devon, England

  • Freehold Price: £550,000
  • Sale Agreed
Seller Reference: tranquillity1
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Business Description
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Seller Reference: tranquillity1
Request Details
Business Description
A rare chance to obtain a freehold interest in two large shop premises, with flats and parking in a prime National Park seafront location.
Generating annual income of £32,400 the investment returns a healthy 5.9% income yield, with scope to increase. (Ask agent for details.)
In addition to the healthy immediate income returns, the long-term capital growth potential in this beautiful, unspoilt seaside location, makes this a highly attractive investment opportunity.
Includes: Two large seafront shop premises, two 2-bedroom sea-view flats, and four parking spaces beside the property.
Location Details:
The popular harbour-side village of Lynmouth is considered the jewel in the crown of the Exmoor National Park. A magnet for thousands of visitors throughout the year, attracted by a rich variety of shops, cafes and pubs along the seafront and harbour. Families, walkers and day-visitors provide strong trade for this busy resort village all year round. The premises offered are located beside the world famous Lynton & Lynmouth Cliff Railway, with wonderful sea views.
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