High Street, Honiton
£200,000

Guide price

Bedrooms: 3
Heart of town investment property with healthy income. Shop and 3 bedroom apartment with private entrance. EPC Band D

SITUATION

No 122 is in the heart of Honiton and a prime location for passing pedestrians and traffic. The apartment is set off the rear with access via Kerslake Court

Honiton has a range of modern conveniences including supermarkets, banks, butchers leisure centre and a range of independent shops, plus a twice weekly street market. There is a main line rail link for direct trains to London Waterloo and Exeter.

The A30 dual carriageway allows quick access to the city of Exeter providing a huge range of cultural, shopping and leisure facilities and an international airport.

The coast at Sidmouth lies approximately 10 miles to the south. The charming coastal town of Beer, and popular beaches at Branscombe, Seaton and Lyme Regis are within easy driving distance.

OTTER'S POCKET

The apartment, known as Otter's Pocket, has its own private entrance to the rear via Kerslake's Court. Set over three floors this apartment has been upgraded over the years with new double glazing to the windows on the south, the front door, as well as a new gas central heating in recent years.

On the ground floor is an 'L' shaped kitchen/breakfast room, fitted with a good range of base and eye level units with integrated Samsung Oven and hob, a breakfast bar and utility space for a washing machine and tumble dryer.

Steps rise to the first floor where there is a spacious sitting room overlooking the High Street. A hallway leads to a recently re-fitted stylish bathroom. At the rear is a large double bedroom with walk-in wardrobe.

On the second floor are two bedrooms, one with a view across the High Street and the other to the rolling hills of East Devon in the distance.

The apartment is let on an assured shorthold tenancy (AST) at £725 pcm.

SHOP - 122 HIGH STREET

The shop is current let to Trip Community Transport on a licence at £625 pcm. The shop has a good frontage with a bay window to the High Street and glass door for further advertising. Inside is a kitchenette, store and staff WC.

Measuring about 29.8 sqm (321 sqft) the shop has a rateable value of £6,600 according to East Devon District Council.

TENURE

The property is being sold Freehold as a whole, although our clients would consider assisting a purchase by preparing a residential long leasehold making buy to let mortgages easier to obtain.

SERVICES

Mains water, electric and drainage. New gas central heating (to apartment).

VIEWING

Strictly by appointment with the agents Stags 01404 45885.

DIRECTIONS

The apartment is accessed via Kings Street (which runs parallel to the High Street) and via Kerslake's Court.

RESIDENTIAL LETTINGS

If you are considering investing in a Buy To Let or letting another property and require advice on current rents, yields or general lettings information to ensure you comply, please contact a member of our lettings team on 01404 42553.

01404 758007

Stags - Honiton Sales

Bank House, 66 High Street, Honiton, Devon, EX14 1PS

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