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The Old Bell House, Victoria Place, Axminster, Devon, EX13 5NQ

Guide Price
£325,000

£140.45 per sq ft

Business rates & charges may apply

GTH, Yeovil
SIZE AVAILABLE

2,314 sq ft

215 sq m

SECTOR

Commercial property for sale

Key features

  • A landmark building located in the heart of Axminster.
  • Four let ground floor shops with six flats above which have been sold off on a long leasehold basis.
  • The four shops currently produce an income of £28,581 per annum, which will increase to £29,181 from September 2026.
  • The six sold off residential flats provide an income of £150 per annum with further potential income from extending the existing long leases.

Description

The property consists of four independently accessed commercial units at ground floor level and six residential flats above that have been sold off on a long leasehold basis. There is also parking to the rear of the property included within the title.

The four shops are fully let and may further be described as follows:

Unit 1-The largest of the ground floor shops and neighbours Costa Coffee. This shop provides various sales areas, carpeted floors, a suspended ceiling grid in the main sales area and slatwall cladding on the majority of internal wall space. There are three sales areas and a partitioned off store area. A rear door provides access into the communal kitchen area, WCs and parking.

Unit 2- Is the smallest of the retail units providing an open plan display area with wooden effect flooring, a suspended ceiling with inset lighting and a partitioned off rear office/store. A rear door provides access into the communal kitchen area, WCs and parking with this property benefiting from a rear store.

Unit 3- A retail unit providing an open plan display area with a partial wooden effect floor with the rear area being rubber tile matting, category 2 lighting and spotlights. A rear door provides access into the communal kitchen area, WCs and parking with this property benefiting from a rear store.

Unit 4- This retail unit provides an open plan display area with wooden effect flooring, suspended ceiling grid with inset lighting. A rear door provides access into the communal kitchen area, WCs and parking with this property benefiting from a rear store.

Brochures

The Old Bell House, Victoria Place, Axminster, Devon, EX13 5NQ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Axminster Station0.4 miles

About GTH, Yeovil

22 Princes Street Yeovil BA20 1EQ

Commercial Agents: Sales and Lettings Services in Somerset, Devon and Dorset

Greenslade Taylor Hunt are commercial agents providing specialist advice on all aspects of commercial, development and investment, including sales, acquisitions and lettings of commercial property. Our particular strength lies in our detailed market knowledge across Somerset, Devon and Dorset, combined with considerable experience and a personal, prompt and professional commercial agency service.

We offer a comprehensive commercial agency service whether marketing or buying commercial premises such as offices, shops, restaurants, industrial buildings, development land, hotels and licensed premises. Our complementary Residential, Agricultural and Development, Land & Planning divisions enable us to provide wider and more tailored specialist advice to meet the specific needs.

Our property auctioneering expertise gives clients an alternative option to private treaty sales. Auction marketing brings all the benefits of a sale by private treaty and open market competitive bidding together with the certainty of an exchange of contracts when the auctioneer's hammer goes down. This often leads to a quicker sale and a higher price being achieved.

Notes

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Disclaimer - Property reference 2127FH. 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 GTH, Yeovil. 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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