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New Street, Honiton 3 bed property for sale
New Street, Honiton EX14
£350,000
New Street, Honiton EX14
£350,000
Our Summary
- INVESTMENT OPPORTUNITYRETAIL UNITS WITH FIRST AND SECOND FLOOR STORAGE PLUS SELF CONTAINED FLAT
Description
This property is an investment opportunity comprising two interconnected retail units with first and second floor storage, as well as a self-contained flat. The shops are located in the heart of Honiton, a busy market town with a population of around 12,000, and feature modern shop fronts and suspended ceilings with inset lighting. The retail units, which have a combined total of approximately 1,266 square feet, are currently let to Clarks Shoes for a period of four years at a rental of £22,000 per annum. The first floor flat, which has a total of approximately 444 square feet, is let on a periodic tenancy at a rent of £700 per month. The property has an EPC rating of C for the shops and D for the flat, and is not registered for VAT. Viewings are strictly by appointment with the agents.