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5 bedroom commercial property for sale

Home with income, or investment opportunity, Lynton

Withdrawn from Market £295,000

Property Description

Key features

  • Shop and Two Residential Properties
  • Investment or Home with Income
  • High Street Shop
  • 3-bed Maisonette with South-facing Patio and Garden
  • 2-bed Flat with Courtyard
  • Shop and Flat both Producing Income
  • Seaside Village
  • Exmoor National Park

Full description

HOME WITH INCOME OR INVESTMENT!VIctorian Terraced Property comprising: Double fronted high street shop, three-bed Maisonette with garden and south facing views; Two-bed basement flat with small courtyard. The basement flat and shop are currently let, producing income of £9,600pa.

The maisonette is approached from the rear through a south-facing courtyard garden with patio, timber shed and planted with shrubs and pots. Stone Steps lead up to a double-glazed front door, opening into a small entrance hall.

Fitted carpet. Coat hanging and storage space. Stairs rise to the first floor.

First Floor Landing 
Fitted carpet. Doors to kitchen/living room, bathroom, separate WC/utility room. Stairs rising to second floor. A sliding wooden door opens into the open plan living/kitchen area.

Kitchen/Breakfast Room 
12' 7'' x 11' 11'' (3.84m x 3.62m)
Exposed wooden floorboards. Sash window in a square bay to the front, overlooking Hollerday Drive and The Town Hall. A range of retro-style wall and base kitchen units with wood worktop on one side, tiled worktops on the other side. A 1½-bowl, single drainer acrylic sink with mixer tap. Space for fridge freezer and electric cooker. Space for table and chairs. The kitchen is open plan through to:

Living Room 
16' 3'' x 11' 1'' (4.95m x 3.39m)
(Length is measured into the bay.) Fitted carpet. Large double-glazed window in a bay to the rear, south facing and overlooking Lynton old town and the hills beyond the village. Working open fireplace with cast iron grate and tiled surround. Plate rails on two sides. Display shelves in alcove.

7' 10'' x 5' 11'' (2.4m x 1.8m)
Painted wooden floorboards. Sash window to the front. Wooden panelling to half-height around bath. Two-piece bathroom suite including: panel-enclosed bath with Victorian-style mixer taps and shower attachment; Victorian-style pedestal wash basin with mirror above.

Utility & WC 
Low level flush WC. Hand basin. Dividing wall with space and plumbing for washer/dryer to the other side.

12' 2'' x 6' 3'' (3.7m x 1.9m)
Slate flooring. Peninsular breakfast bar unit, with wooden worktop, room for fridge and freezer below. A range of wall and base kitchen units with wooden worktops over. Built-in four-ring ceramic hob, with oven below and extractor hood with light above. Tiled splash-back. A single drainer stainless steel sink with matching mixer taps. Space for fridge. Space and plumbing for washing machine.

Bedroom One. 
11' 2'' x 9' 8'' (3.4m x 2.95m)
Fitted carpet, opaque interior window to the living room, providing natural light. Wall-mounted electric panel heater.

Second Floor Landing 
Fitted carpet. Double-glazed window to the rear. Doors to three bedrooms.

Bedroom One 
11' 2'' x 11' 2'' (3.4m x 3.4m)
Painted wooden floorboards. Double-glazed window to the south and one sloped ceiling.

Bedroom Two 
9' 6'' x 8' 10'' (2.9m x 2.7m)
One sloped ceiling. Sash window to the front.

Bedroom Three 
9' 6'' x 9' 2'' (2.9m x 2.8m)
Part-sloped ceiling. Sash window to the front. Airing cupboard with hot water tank.

A double-fronted shop with large glazed window displays either side of a part-glazed front door, with three steps leading into the shop.

Retail Area (Front) 
18' 8'' x 11' 6'' (5.7m x 3.5m)
An L-shaped shop. (Measurements are divided into the front and rear area.) Original wooden floorboards throughout. Large window in a square bay to the rear. Attractive curved wooden counter/servery.

Retail Area (rear) 
16' 1'' x 11' 2'' (4.9m x 3.4m)

Rear Room 
Kitchenette with sink and hand wash basin.

The shop is currently trading as a Deli/organic grocery store. The tenant owns the fridges and non-fitted fixtures.

Basement Flat 
Entered via steps from the garden down to a small courtyard garden, with storage shed.

Living Room. 
14' 1'' x 9' 6'' (4.3m x 2.9m)
A double-glazed front door opens into the living room with attractive slate flooring, alcove/fireplace, night storage heater. Open plan through to:

Bedroom Two. 
8' 6'' x 7' 9'' (2.58m x 2.37m)
Fitted carpet. Interior window to the kitchen, with blind. Wall-mounted electric panel heater.

The bathroom is off the kitchen with a continuation of the slate flooring. Two opaque windows to the rear. Three-piece bathroom suite including: panel-enclosed bath with mixer taps and shower attachment; low level flush WC; pedestal wash basin. Extractor fan. Chrome electric-heated towel rail. Airing cupboard with hot water tank.

Rental Income 
The basement flat and shop are currently let, producing income of £9,600pa. Potential rental income for the whole property should be in excess of £17,000pa, producing a gross income yield of about 6%.

Connected Persons Disclosure 
Please note that an employee of Exmoor Property is closely related to the vendors of this property. We will be happy to provide details, on request.

More information from this agent

Energy Performance Certificates (EPCs)

Map & Street View

Disclaimer - Property reference 7194521. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Exmoor Property , Lynton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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