Business for Sale in SEATON, Devon FREEHOLD INVESTMENT/DEVELOPMENT OPPORTUNITY
Key Information
- Reference
- INV34924N
- Tenure
- Freehold
- Status
- For Sale
- Region
- Devon
- Sector
- Investment Properties
- Annual Sales
- £22,500.00 Exc. VAT
- Accommodation
- Yes
Business Information
Seafront FREEHOLD INVESTMENT/DEVELOPMENT OPPORTUNITY, popular developing EAST DEVON seaside town. Enjoying attractive setting, just off SEATON town centre, adjacent esplanade and beach, close gardens and attractions, literally situated on the South West coastal path.
Imposing building, the subject of recent investment, comprises ground floor café from which rental income is received, first floor 2 bedroom flat with sea views, currently owner occupied, would suit holiday/long term let, additional studio apartment (to be developed), also suit holiday/long term let.
Versatile property, numerous options to new owners, potential rental income £22,500 per annum based on long term letting, scope to increase through holiday letting, benefits from holding the Freehold for the whole building, receiving Ground Rents from other flats, future lease renewal/extension premiums anticipated.
Freehold £349,500 Ref: INV/DEV34924N
Please register with us for free to view the complete business particulars.
Already registered? Just login!
Once registered, you can login to view the full details for all businesses, download details, create business alerts and much more
Get in Touch
Complete the form below and we will contact you as soon as possible
Devon & Dorset
Your Regional Director Michael Taylor
Head Office
3 Cornhill
Ottery St Mary
Devon
EX11 1DW