Property Information
Address:
England: Devon
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Investment, Businesses For Sale,
Property Ref/Movehut: MH590394
Property Ref/Agent: 5966
*Please use the agent ref when calling the agent directly.
Property description
INVESTMENT PROPERTY OPPORTUNITY, substantial NORTH DEVON village, close BARNSTAPLE, close to coast. Substantial property occupying deceptively large plot, within popular residential area, comprises convenience store in excess of 2,000 square feet, hairdressing salon and 5 bedroom flat, the latter could easily be split to create 2 flats, enclosed rear garden, forecourt/parking/land to front. Convenience Store let on 25 year Lease, produces rental income £10,200 per annum (Rateable Value £15,750), New Lease to be signed on Hair Salon, produces rental income £5,400 per annum, Flat let on Assured Shorthold Tenancy Agreement, produces rental income £9,000 per annum. Current total rental income £24,600 per annum, opportunities for future increase, possible long term development potential subject to obtaining necessary permissions. Freehold £335,000 Ref: INV33442N
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