Investment Properties for sale in Honiton

View the "COMMERCIAL INVESTMENT PROPERTY OPPORTUNITY" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

COMMERCIAL INVESTMENT PROPERTY OPPORTUNITY

Honiton, Devon, England

  • Freehold Price: £425,000
  • Annual Turnover: £38,000
Seller Reference: INV34803N
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Business Description
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: INV34803N
Request Details
Business Description
Freehold COMMERCIAL INVESTMENT PROPERTY OPPORTUNITY, comprising substantial property, occupying valuable site, situated in the vibrant EAST DEVON market town of HONITON which continues to grow in popularity. Easily accessible and highly visible, main road location lying just off the town centre and main shopping areas, bordering residential areas.

A very deceptive property, significantly extended and improved over the years at considerable expenses. Comprises renowned bar and restaurant venue with letting accommodation, also provides spacious 5 bedroom residential accommodation, most versatile with scope to reconfigure. Benefits from alfresco seating area, car park and out buildings.

Generating rental income of £38,000 per annum (index linked), a 15 year Full Repairing and Insuring Lease in situ which commenced in 2018, representing a 9% Yield for any investor who acquires this substantial site and property.

Freehold £425,000 Ref: INV34803N

Tenure:
Freehold
Is accommodation included?:
Yes
Listed by:
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