Domino's Pizza, 86 High Street, Honiton

Guide price

£450,000

Auction

Size

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Tenure

Freehold

EPC

Parking

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Primary use
Mixed use

No floor / site plan

Key features

  • Mixed Use Investment/Development Opportunity
  • Retail Unit and Upper Parts
  • Ground Floor Let to Dominos
  • 20 Year Lease (17 Years Unexpired)
  • Lease Expires 19.11.2043
  • Planning Consent for 2 x Flats to Upper Parts
  • Established High Footfall Pitch
  • Investment Let at £31,000 with Planning to Convert Upper Parts

Description

The property comprises a mixed-use investment/development opportunity occupying a prominent pitch on a high footfall street.

Arranged across ground and three upper floors, the property currently comprises a retail unit to the ground floor with vacant upper parts and a large rear car park.

The ground floor is currently let to DP Realty Limited t/a Domino's on a 20 year lease expiring 19.11.2043 and paying £31,000 per annum. The lease is on full repairing and insuring terms and includes 5-yearly open market rent reviews and a tenants break option 19.11.2033

The upper parts are currently vacant and benefit from full planning consent to convert to two flats (Ref: 25/2078/FUL) In addition there is a large rear car park.

The property occupies a prominent pitch fronting Honiton High Street, the principal retail amenity in the town. The surrounding area is characterised by similar mixed-uses with a number of national occupiers including Boots, Specsavers, Holland & Barrett and Clarks.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Brochure

Domino's Pizza, 86 High Street, Honiton

NEAREST STATIONS

National Rail

Honiton Station

0.2 miles

National Rail

Feniton Station

4.27 miles

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Disclaimer - Property reference 76227333-CE6D-4F6C-A6DD-67E35F91F952. 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 Savills National , Savills Auctions- Commercial. 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.