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COMMERCIAL

High Street, Exmouth, EX8 1NN

Guide Price
£395,000
Pennys, Exmouth
PROPERTY TYPE

Commercial Property

BEDROOMS

5

BATHROOMS

4

SIZE

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Key features

  • A Fantastic Mixed Commercial And Residential Investment Property
  • Briefly Comprising A Ground Floor Café/Children's Play Space/Gaming Zone Retail Premises, Studio Flat And Three Flats Above
  • This Deceptively Large, Extended, Two Storey, Mid-Terrace, Property Represents A Great Example Of A Well-Run Lettings Vehicle
  • As Such Will Appeal To A Multitude Of Investor Landlords On The Lookout For A High-Yielding Rent Machine

Description

 

THE ACCOMMODATION COMPRISES:

COMMERCIAL:

Ground floor: Cafe/children's play space, leading to gaming zone, cloakroom/WC's.

RESIDENTIAL:

Ground floor (to rear)

FLAT 4: Hall, bed/living room, kitchen, shower room/WC.

First floor

FLAT 1: Reception hall, kitchen, living room, bathroom/WC (stairs leading to SECOND FLOOR), two bedrooms.

FLAT 2: Hallway with utility cupboard, kitchen/living room, bedroom with en-suite shower room/WC.

FLAT 3: Hallway, cloakroom/WC, kitchen, living room ,bedroom with en-suite shower room, .

TENURE:

Freehold subject to tenancies.

TENANCIES

COMMERCIAL:  Tenant holding over from an original lease dated from 8th November 2019 to 7th November 2020. The current rents reserved are £625 per calendar month. Please refer to legal pack for security of tenure clause information.

RESIDENTIAL:

FLAT 1: Let on assured shorthold tenancy agreement dated from 27th March 2018 with current rents reserved of £775 per calendar month.

FLAT 2: Let on assured shorthold tenancy agreement dated from 2nd September 2025 with current rents reserved of £725 per calendar month.

FLAT 3: Let on assured shorthold tenancy agreement dated from 14th February 2024 with current rents reserved of £825 per calendar month.

FLAT 4: Let on assured shorthold tenancy agreement dated from 1st November 2024 with current rents reserved of £600 per calendar month.

EPC's

Commercial rating: B.

Residential ratings: Flat 1: D; Flat 2: D; Flat 3: C; Flat 4: D.

WHAT3WORDS

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BROADBAND & MOBILE COVERAGE

Broadband: Ultrafast available

Mobile: Likely inside. Likely outside.

Source: ofcom.org.uk

 

Brochures

Brochure 1

High Street, Exmouth, EX8 1NN

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Exmouth Station0.2 miles
  • Starcross Station1.6 miles
  • Dawlish Warren Station1.9 miles
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About Pennys, Exmouth

2 Rolle House, Rolle Street, Exmouth, EX8 2SN

The Team You Can Trust

If you are selling or letting, stay ahead of the field.

Pennys have a team of experienced and dedicated staff, whose hard work and perseverance means that we are used to getting results.

With a continuing and growing reputation Pennys Estate Agents urgently require more properties to satisfy demand.

Our team of experts will be sure to put you on the right track!

Call 01395 264111 to book your FREE no obligation market valuation.

Successfully selling homes throughout Exeter and East Devon.

Notes

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Disclaimer - Property reference S1443167. The information displayed about this property comprises a property advertisement. Rightmove.co.uk 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 Pennys, Exmouth. 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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