Commercial property for sale in Seaton, Devon EX12
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Property description
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
For more information about this property, please contact
Everett Masson & Furby, EX11 on +44 1404 228955 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Everett Masson & Furby, and do not constitute property particulars. Please contact Everett Masson & Furby for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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