No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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EPC
Offers in region of£425,000
Added > 14 days

Property for sale

New Street, Honiton
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Property
3 bed
0 bath

Property description & features

INVESTMENT OPPORTUNITYRETAIL 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 FloorSHOP - Frontage - 16'6 overall depth 58'6.Retail area - 466 square feet approximately. STORE - 10 Square feetFirst FloorSTORE - 460 square feet approximately Second FloorSTORE - Store and staff room. WC. 500 square feet

NUMBER 6
Ground FloorSHOP - Frontage - 16'6. Overall depth 57'6.Retail area - 800 square feet approximately.STORE 120 square feet approximatelyFirst 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 property and make an appointment to view before embarking on a journey to view a property.

Tenure: Freehold

Property information from this agent

Places of interest

    Request viewing/info
    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 lettings of both residential and commercial properties. We have extensive experience in residential property management, as well as valuations and appraisals that are carried out for all manner of purposes.

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    *DISCLAIMER

    Property reference 12455656. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Harrison Lavers & Potbury's - Sidmouth.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on October 29, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on October 29, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.