Commercial property for sale in High Street, Honiton, Devon EX14
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
Opportunity to purchase the freehold of 102 High Street. Ground floor let to successful and popular bar/restaurant on a new 5 year lease at £18,000 + VAT. Prime central location on Honiton High Street. Further potential for three storey HMO/guest house accommodation which could comprise 5-7 spacious letting rooms, kitchen and bathroom.
The ground floor bar (Pine Pony) 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. It is understood that all mains services are connected including 3-phase for use of the bar.
Required Information:
Freehold. East Devon District Council. Tax band C. Grade II Listed – refer to the listing on
Property info
For more information about this property, please contact
Bradleys Estate Agents - Honiton, EX14 on +44 1404 819086 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bradleys Estate Agents - Honiton, and do not constitute property particulars. Please contact Bradleys Estate Agents - Honiton for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.