Available

Exminster, Devon

£595,000 Freehold Ref: 3732
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Exminster is a village situated around three miles to the south of the city of Exeter, close to the Exeter Ship Canal and River Exe.  



Exminster is a thriving village community with all expected amenities serving the affluent local population.   



The village is conveniently situated for transport links, being moments away from the M5 motorway, links into Exeter itself and also the A379 to South Devon Coast.   



Seaton House is a prominent roadside property on 'Main Road' - the village throughfare that runs through the heart of Exminster. Immediate nearby occupiers include Tesco Express, a pharmacy, estate agent, coffee shop, primary school and two pubs. There is plenty of free off street parking nearby.   



Seaton House is made up of three ground floor commercial units: an aesthetics/beauty clinic, a care agency office and a bakery/coffee shop. At first floor level are three self-contained residential flats. To the rear of the property is a good size car park for approximately 8 vehicles.   



Seaton House is presented in excellent condition having recently been subject to much investment, including full redecoration of the external walls, full replacement of the pitched slate roof to the main building and replacement of the flat roof to the rear section.   



Internally, the tenants present their units to a good standard. The flats have also been subject to recent refurbishment. 



The property has a strong recently income of £54,688 per annum, across the six rental income streams giving great spread of investment return and a shield from void risks.

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