5 bedroom terraced house for sale

High Street, Honiton

£500,000

Property Description

Key features

  • Mixed Use Investment (Freehold)
  • Ground Floor Bar/Restaurant with Beer Gdn (Business Unaffected)
  • 3 Storey HMO over
  • HMO Communal Kitchen
  • HMO Communal Utility Room
  • 5+ Spacious Letting Rooms
  • WC
  • Bathroom
  • Prime Central Town Location
  • Anticipated Income circa 49,000 p/a

Full description

Tenure: Freehold

Ground floor let to successful and popular bar/restaurant on 5 year lease commencing 11th June 2019 at £18,000 + VAT Prime central location on Honiton High Street. 3 Storey HMO accommodation over. (Awaiting HMO license and currently vacant to facilitate viewings) HMO will comprise 5 spacious letting rooms (potential for more) Kitchen, bathroom. BCD


. 
Access through to the side alley next to Complete Meats. Door with obscure and coloured glass into...

Entrance Hall 
Tiled and carpet flooring, light, smoke alarm, locked access into the commercial unit, stairs rising to the first floor.

First Floor Landing 
Carpet flooring, access to...

Back Room 
3.28m x 3.1m (10' 9" x 10' 2")
Housing the ducts from the commercial kitchen.

Communal Utility Room 
Power and lighting, exposed wooden floor boards, uPVC double glazed window overlooking the roof.

Reception Room 
4.01m x 3.07m (13' 2" x 10' 1")
Plenty of built-in wooden storage, single glazed sash wooden windows, carpet flooring, telephone and broadband points.

Room One 
4.52m x 3.86m (14' 10" x 12' 8")
Fireplace with tiled surround, exposed wooden floorboards, radiator, bay single glazed wooden sash window, built-in wooden shelving to either side of the chimney breast.

Room Two 
4.6m x 3.8m (15' 1" x 12' 6")
Fireplace with electric fire inset and black tiled hearth and white wooden surround, gas meter, bay single glazed wooden sash window, radiator.

Kitchen 
3.58m x 3.28m (11' 9" x 10' 9")
Single glazed window to rear aspect, matching range of wall and base units with wooden work tops, stainless steel sink inset with mixer tap over, tiled splashback, large gas oven with gas hob and extractor fan over, wood effect laminate flooring, storage cupboard, space for upright fridge/freezer.

WC 
Tiled splashback to sink with vanity storage unit, low level WC with wooden flooring, carpet flooring, obscure window to rear aspect.

Second Floor Landing 
Carpet flooring, single glazed wooden sash window to rear aspect, stairs rising to second floor, doors to...

Bathroom 
3.45m x 3.3m (11' 4" x 10' 10")
Single glazed wooden sash window to the rear aspect, shower tray, bath with hot and cold taps, feature fireplace, storage cupboard, low level WC, pedestal sink, tiled splashbacks, large storage cupboard housing the combi-boiler, radiator.

Room Three 
4m x 3.9m (13' 1" x 12' 10")
Single glazed wooden sash window to the rear aspect, double glazed window to the rear aspect, wood effect lino flooring, chimney breast, telephone point.

Room Four 
4.55m x 3.96m (14' 11" x 13' 0")
Wooden single glazed sash window to the front aspect, feature fireplace, radiator, wooden flooring.

Room Five 
4.7m x 3.96m (15' 5" x 13' 0")
Wooden flooring, single glazed wooden sash window, concealed sink with storage, feature fireplace, radiator.

Second Floor 
5.28m x 5.16m (17' 4" x 16' 11")
Double glazed wooden dormer window to the rear aspect, wooden flooring, further double glazed wooden dormer window to the rear aspect, large wooden storage area, exposed chimney breast, radiator, door into...

Room Six 
4.11m x 3.8m (13' 6" x 12' 6")
Wooden flooring, double glazed wooden windows to rear aspect, large wardrobe.

Agent's note 
The ground floor bar (Bruv's Bar) is a successful and popular bar & restaurant. The Lease provides for a passing rent of £18,000 + VAT per annum; for a term of 5 yrs from June 2019. The upper floors are light and airy and spacious for the sector of HMO Room Rents. The 5 rooms will achieve an annual income of circa £31,000; with thought, further rooms can also be brought forward as income generating.

Services 
It is understood that all mains services are connected including 3-phase for use of the bar.

More information from this agent

Listing History

Added on Rightmove:
22 September 2020

Nearest stations

  • Honiton (0.2 mi)
  • Feniton (4.3 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Bradleys, Honiton

114A High Street, Honiton, EX14 1JP

01404 606007 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Bradleys, Honiton

114A High Street, Honiton, EX14 1JP

01404 606007 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Honiton (0.2 mi)
  • Feniton (4.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bradleys, Honiton

114A High Street, Honiton, EX14 1JP

01404 606007 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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