Stratton Creber Commercial, Exeter

32 - 36 Woolbrook Road, Sidmouth, Devon, EX10 9UZ

Guide price

£250,000

Size

1,319

Tenure

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EPC

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Parking

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Primary use
Other
Other use(s)
Mixed use

No floor / site plan

Key features

  • Fully income producing investment
  • Popular seaside town
  • Two shops with 3 bedroom self-contained flat above
  • Passing rent: £24,300 p.a.
  • Guide price: £250,000 reflecting a net initial yield of 9.47% after purchasers costs

Description

Fully income producing investment

Popular seaside town

Two shops with 3 bedroom self-contained flat above

Guide price: £250,000 reflecting a net initial yield of 9.47% after purchasers costs

Passing rent: £24,300 p.a.

The property is prominently situated on Woolbrook Road, approximately one mile northwest of Sidmouth town centre. Woolbrook Road forms part of a well-established mixed use area serving the local community with a range of independent retailers, cafes, and service businesses nearby. The surrounding area includes a mix of residential and commercial properties.

Sidmouth is an attractive and popular coastal town located on Devons Jurassic Coast, renowned for its heritage architecture and seaside charm. The town benefits from good transport links with the A3052 providing access to Exeter (approximately 15 miles to the west) and Lyme Regis to the east. Regular bus services connect Sidmouth with surrounding villages and Exeter, offering convenient local and regional accessibility.

The subject property comprises an attached mixed use Grade 2 listed building of cob construction with a rendered external finish, beneath a continuous roof. To the rear, there is a single storey extension of brick construction with a slated roof. The premises are understood have been converted to retail use during the mid-20th century and are presently arranged to provide a ground floor lock up shop together with an additional ground floor retail unit and self contained residential accommodation at first floor level.

Accommodation
32 Woolbrook Road: 489 sq ft (45.5 sq m)
34 - 36 Woolbrook Road: 830 sq ft (77.18 sq m)
3 bedroom flat: Unmeasured
Total: 1,319 Sq ft (122.68 sq m)

Services
Mains services are connected, the flat benefits from gas has fired central heating.

Tenure
Freehold with benefit of the occupational leases.

Proposed sale
The property is offered for sale Freehold, at a guide price of £250,000. Please contact agents for further details.
agent for further details.


Figures stated are exclusive of VAT.


Each party to bear their own legal costs in the transaction.


32 Woolbrook Road: B (31)
34 - 36 Woolbrook Road & Flat: B (46)
Stratton Creber Commercial, Exeter

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Brochure

32 - 36 Woolbrook Road, Sidmouth, Devon, EX10 9UZ

NEAREST STATIONS

National Rail

Feniton Station

6.62 miles

About Stratton Creber Commercial, Exeter

Stratton Creber Commercial, Exeter

Stratton Creber Commercial provides a full range of services in commercial property across the South West from offices in Exeter, Plymouth and Truro.

We are an independent firm of chartered surveyors with strong local roots, offering a wide range of professional services to the commercial property sector.

We offer a straightforward, personal and honest approach to meeting the needs of our clients, including investors, developers, occupiers and lenders.

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Disclaimer - Property reference 4649FH. 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 Stratton Creber Commercial, Exeter . 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.