Overview
Description
Seafront FREEHOLD INVESTMENT/DEVELOPMENT OPPORTUNITY, popular developing EAST DEVON seaside town. Enjoying attractive setting, just off SEATON town centre, adjacent esplanade and beach, close gardens and attractions, literally situated on the South West coastal path.
Imposing building, the subject of recent investment, comprises ground floor café from which rental income is received, first floor 2 bedroom flat with sea views, currently owner occupied, would suit holiday/long term let, additional studio apartment (to be developed), also suit holiday/long term let.
Versatile property, numerous options to new owners, potential rental income £22,500 per annum based on long term letting, scope to increase through holiday letting, benefits from holding the Freehold for the whole building, receiving Ground Rents from other flats, future lease renewal/extension premiums anticipated.
Freehold £349,500 Ref: INV/DEV34924N
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is stock included:
Website address:
Listed By:
Similar Listings
Formerly a Boots Pharmacy, the premises are centrally located in the town centre close to the large Cricketfield Road public car park. Excellent town centre base which may suit a variety of uses including retail, hair & beauty, offices or health ...
A former, large 44 bed en-suite hotel in a prime location for sale, overlooking the sea and within a stone’s throw of Torquay, Devon sea front. This substantial property benefits from large function capacity, gardens, large car park and is presente...
Commercial unit available – Situated on Blackboy Road within the much sought-after cathedral city of Exeter, Devon, with the benefit of convenient parking nearby, high footfall, and vehicular passing traffic. Exeter is a sought-after location w...
Probably one of the best development opportunities for years has now come to the market in the sought-after coastal town of Torquay. This substantial former 26-bedroom hotel site occupies a commanding central location and benefits from stunning sea v...
A fantastic opportunity to acquire a development site, investment, or even a business comprising a filling station with a retailing area, 2 x garages (MOT bay), a large barn, 2 x detached three-bedroom bungalows, all set in approximately 0.5 acres of...
TaylorMayers have been instructed to sell our clients Franchised Lettings Agency in Devon. The business which operates under one of the main property franchises, has been established for well over 10 years and generates a consistent turnover of aroun...
