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
Is accommodation included?: