Maisonette for sale in St. John Close, High Street, Honiton EX14

£500,000
Maisonette for sale - 5 bedrooms 5 1
Interested in this property? Call +44 1404 819086 * or Request Details

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Property features

  • Mixed Use Investment (Freehold)
  • Ground Floor Bar/Restaurant with Beer Gdn (Business Unaffected)
  • 3 Storey HMO over
  • HMO Communal Kitchen
  • HMO Communal Utility Room
  • 5+ Spacious Letting Rooms
  • WC
  • Bathroom
  • Prime Central Town Location
  • Anticipated Income circa £49,000 p/a

Property description

Ground floor let to successful and popular bar/restaurant on 5 year lease commencing 11th June 2019 at £18,000 + VAT Prime central location on Honiton High Street. 3 Storey HMO accommodation over. (Awaiting HMO license and currently vacant to facilitate viewings) HMO will comprise 5 spacious letting rooms (potential for more) Kitchen, bathroom. Bcd

Access through to the side alley next to Complete Meats. Door with obscure and coloured glass into...

Entrance Hall Tiled and carpet flooring, light, smoke alarm, locked access into the commercial unit, stairs rising to the first floor.

First Floor Landing Carpet flooring, access to...

Back Room10'9" x 10'2" (3.28m x 3.1m). Housing the ducts from the commercial kitchen.

Communal Utility Room Power and lighting, exposed wooden floor boards, uPVC double glazed window overlooking the roof.

Reception Room13'2" x 10'1" (4.01m x 3.07m). Plenty of built-in wooden storage, single glazed sash wooden windows, carpet flooring, telephone and broadband points.

Room One14'10" x 12'8" (4.52m x 3.86m). Fireplace with tiled surround, exposed wooden floorboards, radiator, bay single glazed wooden sash window, built-in wooden shelving to either side of the chimney breast.

Room Two15'1" x 12'6" (4.6m x 3.8m). Fireplace with electric fire inset and black tiled hearth and white wooden surround, gas meter, bay single glazed wooden sash window, radiator.

Kitchen11'9" x 10'9" (3.58m x 3.28m). Single glazed window to rear aspect, matching range of wall and base units with wooden work tops, stainless steel sink inset with mixer tap over, tiled splashback, large gas oven with gas hob and extractor fan over, wood effect laminate flooring, storage cupboard, space for upright fridge/freezer.

WC Tiled splashback to sink with vanity storage unit, low level WC with wooden flooring, carpet flooring, obscure window to rear aspect.

Second Floor Landing Carpet flooring, single glazed wooden sash window to rear aspect, stairs rising to second floor, doors to...

Bathroom11'4" x 10'10" (3.45m x 3.3m). Single glazed wooden sash window to the rear aspect, shower tray, bath with hot and cold taps, feature fireplace, storage cupboard, low level WC, pedestal sink, tiled splashbacks, large storage cupboard housing the combi-boiler, radiator.

Room Three13'1" x 12'10" (3.99m x 3.91m). Single glazed wooden sash window to the rear aspect, double glazed window to the rear aspect, wood effect lino flooring, chimney breast, telephone point.

Room Four14'11" x 13' (4.55m x 3.96m). Wooden single glazed sash window to the front aspect, feature fireplace, radiator, wooden flooring.

Room Five15'5" x 13' (4.7m x 3.96m). Wooden flooring, single glazed wooden sash window, concealed sink with storage, feature fireplace, radiator.

Second Floor17'4" x 16'11" (5.28m x 5.16m). Double glazed wooden dormer window to the rear aspect, wooden flooring, further double glazed wooden dormer window to the rear aspect, large wooden storage area, exposed chimney breast, radiator, door into...

Room Six13'6" x 12'6" (4.11m x 3.8m). Wooden flooring, double glazed wooden windows to rear aspect, large wardrobe.

Agent's note The ground floor bar (Bruv's Bar) is a successful and popular bar & restaurant. The Lease provides for a passing rent of £18,000 + VAT per annum; for a term of 5 yrs from June 2019. The upper floors are light and airy and spacious for the sector of HMO Room Rents. The 5 rooms will achieve an annual income of circa £31,000; with thought, further rooms can also be brought forward as income generating.

Services It is understood that all mains services are connected including 3-phase for use of the bar.

Property info

Floorplan(s): Floorplan

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Bradleys Estate Agents, Honiton, EX14 on +44 1404 819086 * (local rate)

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