Commercial property for sale in The Old Bell House, Victoria Place, Axminster, Devon EX13
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Freehold income producing investment opportunity
- Four well maintained shops with six sold off flats above.
- Prominent and highly visible town centre position
- Well established retail tenants
- Potential for ongoing asset management to add value with the extension of lease term for residential flats
- Total passing rent: £29,133 per annum
- Guide price: £375,000
Property description
Freehold income producing investment opportunity
Four well maintained shops with six sold off flats above.
Prominent and highly visible town centre position
Well established retail tenants
Potential for ongoing asset management to add value with the extension of lease term for residential flats
Total passing rent: £29,133 per annum
Guide price: £375,000
The property is located within the town centre close to a number of independent and national occupiers together with cafes, pubs, hotels, a pay and display car park as well as on street parking.
The market town of Axminster has a resident population of approximately 6,000 and benefits from a good rural catchment. Victoria Place forms part of the A358 being one of the main arterial roads through the town centre.
The property comprises an attractive period building arranged as four ground floor shops, six sold off flats above and parking to the rear. The ground floor shops are all fully let with established tenants and provide individual lock up shops with shared male and female w/c facilities and a kitchen area to the rear of the units.
The shops have their own separate electric and water supply.
To the rear there is a parking space for each shop occupier.
VAT will be applied at the standard rate where applicable.
Both parties to bear their own legal costs in the transaction.
An EPC is available for this property. Please contact the agent for further details.
For sale: Guide price: £375,000
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Stratton Creber Commercial, EX1 on +44 1392 976334 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Stratton Creber Commercial, and do not constitute property particulars. Please contact Stratton Creber Commercial 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.