Studio for sale in The Beacon, Exmouth EX8

£950,000
Interested in this property? Call +44 1395 884715 * or Request Details

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Studio for sale

Tenure:
Freehold
Council tax band:
Not available

Property features

  • Substantial Mixed Use Premises
  • Ground Floor Commercial Unit
  • Four Self Contained Apartments
  • Wonderful Views Over Exmouth and the Coastline Beyond

Property description

A substantial Grade II Listed building located on the historic "Beacon" in Exmouth.

Comprising large ground floor commercial premises (currently operating as a Chinese restaurant and take-away) and 4 apartments above with glorious views over Exmouth and towards the Estuary and coastline beyond.

Located at the mouth of the River Exe, Exmouth is surrounded by the charming Devon Countryside yet is only twelve miles by road or rail from the Cathedral city of Exeter with its intercity railway station, airport, connection to the M5 motorway and all major shops and facilities. The Town of Exmouth enjoys over three miles of golden sands and a huge estuary and East Devon Coastline, including facilities of Woodbury Park Golf and Country Club, the Sideshore development with Mickeys Beach Bar and Restaurant owned by the renowned chef Michael Caines. A vast range of other amenities including sailing, boating, water skiing, walking, a modern sports centre, swimming pool and Marina are all available. Exmouth Town also has a range of shops, a variety of Restaurants, Marks and Spencer Foodhall, Several Primary Schools and Exmouth Community College and many other amenities.

The accommodation comprises (all measurements approximate):

Restaurant

Currently operating as a Chinese restaurant - further details are available on request.

Flat 1 - Ground Floor with Mezzanine

Kitchen/Breakfast Room - 15'2" x 8'4" (4.62m x 2.54m)


W/C


Sitting Room - 12'9" x 12'7" (3.89m x 3.84m)

Gallery - 12'1" x 7'11" (3.68m x 2.41m)

Bedroom - 13'6" x 12'2" (4.11m x 3.71m)

Shower Room

Council Tax Band - B

Flat 2 - First Floor

Large Sitting Room with Views - 18'0" x 12'6" (5.49m x 3.81m)

Bedroom Overlooking Manor Gardens - 15'6" x 12'5" (4.72m x 3.78m)

Large Kitchen/Breakfast Room - 13'1" x 12'10" (3.99m x 3.91m)

Utility Room

Shower Room

Council Tax Band - B

Flat 3 - First Floor

Large Sitting Room with Views - 20'9" x 11'4" (6.32m x 3.45m)

Bedroom - 13'3" x 11'2" (4.04m x 3.40m)

Large Kitchen/Breakfast Room - 14'11" x 10'10"

Shower Room

Council Tax Band - B

Flat 4 - Top Floor

Open Plan Sitting Room/Kitchen/Diner with Stunning Views - 27'8" x 19'6" (8.43m x 5.94m)

Bedroom One - 18'8" x 10'1" (5.69m x 3.07m)

En-Suite

Bedroom Two - 10'11" x 10'7" (3.33m x 3.23m)

En-Suite - 5'4" x 3'8" (1.61m x 1.13m)


W/C


Council Tax Band - B

Rental Income

Flats - Currently £38,880 per annum but this is currently below market value which we could see increase to £42,420 pa.

Restaurant - Please contact agents for further information.

Legal Fees

Each party to bear their own legal costs incurred in the transaction.

Please Note

The agent has not tested any apparatus, equipment, fixtures and 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 or Surveyor. References to the tenure of the 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 are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.

Please note that all personal information provided by customers wishing to receive information and/or services from Meadows Estate Agents will be processed by the estate agent, the Meadows Estate Agents for the purpose of providing services associated with the business of an estate agent and for the additional purposes set out in the privacy policy (copies available on request) but specifically excluding mailings or promotions by a third party. If you do not wish your personal information to be used for any of these purposes, please notify Meadows Estate Agents.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Property info

Floorplan(s): Floorplan 1

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