£475,000
(£274.41/sq. ft)
Property for saleThe Strand, Exmouth EX8
1,731 sq. ft
Available immediately
About this property
Mixed use freehold investment
Income producing retail unit and 5 residential flats above all sold on long leasehold
Passing rent: £42,755 p.a.
Guide price: £475,000
Mixed use freehold investment
Income producing retail unit and 5 residential flats above all sold on long leasehold
Passing rent: £42,755 p.a.
Guide price: £475,000
The property is situated within the heart of the town in a prominent corner position on Rolle Street amongst a number of multiple and independent retailers, Banks, cafes, bars and restaurants. The property is also close to the Scott Independent Cinema, M & S food, Leisure East Devon Indoor Sports and Swimming Pool and train station.
Exmouth is a popular seaside town in East Devon with a population of approximately 34,000 benefiting from substantial seasonal boosts throughout the year. The two main car parks within the town centre, the train station, the beach and seafront are all within walking distance.
The property comprises two ground floor self-contained retail units. One is occupied by Coral the Bookmakers and the other a fast flood outlet. On the upper floors there are 5 flats all of which have been sold off on a long leasehold basis.
The property is registered for VAT. It is anticipated that the transaction will be treated as a Transfer of a Going Concern (togc).
Both parties to bear their own legal costs in the transaction.
An EPC is available for this property. Please contact the agent for further details.
See PDF details.
Income producing retail unit and 5 residential flats above all sold on long leasehold
Passing rent: £42,755 p.a.
Guide price: £475,000
The property is situated within the heart of the town in a prominent corner position on Rolle Street amongst a number of multiple and independent retailers, Banks, cafes, bars and restaurants. The property is also close to the Scott Independent Cinema, M & S food, Leisure East Devon Indoor Sports and Swimming Pool and train station.
Exmouth is a popular seaside town in East Devon with a population of approximately 34,000 benefiting from substantial seasonal boosts throughout the year. The two main car parks within the town centre, the train station, the beach and seafront are all within walking distance.
The property comprises two ground floor self-contained retail units. One is occupied by Coral the Bookmakers and the other a fast flood outlet. On the upper floors there are 5 flats all of which have been sold off on a long leasehold basis.
The property is registered for VAT. It is anticipated that the transaction will be treated as a Transfer of a Going Concern (togc).
Both parties to bear their own legal costs in the transaction.
An EPC is available for this property. Please contact the agent for further details.
See PDF details.
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