A substantial investment opportunity right in the center of the popular market town of Honiton. Currently arranged with a successful takeaway occupying the ground floor and rooms above with three separate flats, each with their own access off King Street.
SITUATION Honiton is renowned for its thriving High Street and range of independent shops and cafes as well as the weekly market.
The main line rail station with hourly service to London Waterloo, as well as fantastic access to the A30 link Honiton both locally and nationally.
Exeter, to the west, offers excellent shopping facilities, main line rail link to London Paddington, airport and M5 access.
The Jurassic coast at Beer and Branscombe is an easy drive away, as are the popular coastal towns of Sidmouth and Lyme Regis along this wonderful stretch of coastline, designated a world heritage site.
DESCRIPTION This is a superb mixed use investment opportunity, currently generating £33,600 PA. The Shop and the rooms above are let to the restaurant while there are three separate flats in behind benefitting from their own access from King Street.
ACCOMMODATION The Restaurant has a large shop front adjoining New Street, with the front door opening into the bar and welcoming area. There are two rooms further back that provide lots of seating for the restaurant and access through to the customers W/C and large Kitchen area. A side door opens into a hallway which opens back onto New Street while a flight of steps leads up to the rooms above.
The Kitchen extends right to the back of the property where there is a rear courtyard and driveway leading down to King Street.
Above the restaurant are 5 good sized bedrooms, a central Living area and bathroom.
Accessed from King Street are three Flats. Two 2 Bedroom flats, each with their own Kitchen and separate Living Room and a One bed flat, again with its own separate Living room and Kitchen.
SERVICES All mains services are connected, Mains Gas, Water, Electric and Drainage.