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New Street, Honiton

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Description

INVESTMENT OPPORTUNITY

RETAIL UNITS WITH FIRST AND SECOND FLOOR STORAGE PLUS SELF CONTAINED FLAT.

SUMMARY

The property comprises two interconnecting retail units, with first and second floor storage over number 4 and a self contained flat over number 6.

Honiton is a busy market town with a population approaching 12,000 and significantly larger hinterland.

Both shops are well presented, with modern shop fronts and suspended ceilings with inset lighting.

The property occupies a prominent trading location in the heart of the town, which is home to a wide range of thriving local traders. Nearby occupiers include W.H Smiths, Boots, NatWest & Lloyds banks.

Accommodation

The retail elements provided the following approximate dimensions prior to tenant fit out.

NUMBER 4

Ground Floor

SHOP - Frontage - 16'6 overall depth 58'6.
Retail area – 466 square feet approximately.

STORE - 10 Square feet

First Floor

STORE - 460 square feet approximately

Second Floor

STORE – Store and staff room. WC. 500 square feet

NUMBER 6

Ground Floor

SHOP – Frontage - 16'6. Overall depth 57'6.
Retail area – 800 square feet approximately.

STORE 120 square feet approximately

First Floor

SELF CONTAINED FLAT comprising:

LIVING ROOM – 6.5m x 3.6m (21'6 x 11'9)
KITCHEN/BREAKFAST ROOM – 4.45m X 3m (14'6 X 10')
BEDROOM ONE 5.2m x 3.15m ((17' X 10'3)
BEDROOM TWO 5.1m x 2.9m (17' x 9'6) Maximum
BEDROOM THREE 4m x 2.75m (13'3 x 9') Maximum
BATHROOM / WC 2.7m x 2.4m (9' x 8')
ROOF GARDEN

TENANCIES

Number 4 and the ground floor of number 6 are let to Goodenough (St.Austell) Limited, (trading as Clarks Shoes) for a period of 4 years from 1 May 2023 at a rental of £22,000 per annum. The lease is held on effectively full repairing and insuring terms.

The first floor flat is currently let on a periodic tenancy at a rent of £700 per month.

TOTAL RENT £30,400 per annum

VAT The property is not registered for VAT.

SHOP EPC: C FLAT EPC: D

REF: DHS02394

VIEWING

Strictly by appointment with the agents.

IMPORTANT NOTICE

If you request a viewing of a property, we the Agent will require certain pieces of personal information from you in order to provide a professional service to both you and our clients. The personal information you provide may be shared with our client, but will not be passed to third parties without your consent. The Agent has not tested any apparatus, equipment, appliance, fixtures, fittings or services and so cannot verify that they are in working order, or fit for the purpose. A Buyer is advised to obtain verification from their solicitor and/or surveyor. References to the tenure/outgoings/charges of a property are based on information supplied by the seller - the Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their solicitor. Items shown in photographs/floor plans are not included unless specifically mentioned within the sale particulars. They may be available by separate negotiation. Buyers must check the availability of any...

Brochures

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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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New Street, Honiton

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Honiton Station0.2 miles
  • Feniton Station4.3 miles
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About the agent

Harrison-Lavers & Potbury's, Sidmouth

Hillsdon House,High Street, Sidmouth, EX10 8LD

Harrison-Lavers & Potbury's, Sidmouth

We offer an extensive and comprehensive range of property services in Sidmouth and the surrounding area. We are also Sidmouth's longest established Estate Agents - Potbury's Estate Agents was established in the late 1890s. Over the years we have built up a reputation for providing a high level of professionalism and expertise, together with traditional values, excellent service and common courtesy. We are able to offer a wide range of property services which include property sales and letting

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference 12445245. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Harrison-Lavers & Potbury's, Sidmouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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