High Street, Sidmouth
Sold Subject to Contract

AN INVESTMENT OPPORTUNITY.

CAFE PREMISES WITH A FOUR BEDROOM MAISONETTE OVER.

SUMMARY
The self-contained maisonette has recently been extensively refurbished, including replacement kitchen and bathroom.



LOCATION
The property is situated towards the top of the High Street, adjacent to a Tesco Express. Other nearby retailers include a Co-op supermarket and Factory Outlet store.

Sidmouth has a population of around 14,000 and benefits from all year round trade together with an influx of tourists in the summer season. The town has a good mix of national chains and local independent retailers.

GROUND FLOOR
CAF

Frontage 15'9 x depth 25'9. Area 400 sq ft. approximately.

KITCHEN 20'6 x 9'9. Fully equipped.

OUTDOOR/COURTYARD SEATING AREA
Approximately 270 sq ft.

OUTSIDE STORE 14'6 X 9'9. Electric light and power


SELF CONTAINED MAISONETTE
FIRST FLOOR

Landing, Living Room, Kitchen, Bedroom, Bathroom and Separate WC.

SECOND FLOOR

Three further bedrooms.



LEASE TERMS
CAF

New 10 year lease commencing
1 April 2023 on internal repairing terms.
Rent for the first six months (from 1st April) £14,500 increasing on 1st September to £16,000 per annum


MAISONETTE - Vacant


RATEABLE VALUE - Café £13,500


Maisonette - Council Tax Band is B


EPC: CAF: B MAISONETTE: D


REF: DHS02116 / DHS02117


VIEWING
Strictly by appointment with the agents.

IMPORTANT NOTICE
If you request a viewing of a property, we the Agent will require certain pieces of personal information from you in order to provide a professional service to both you and our clients. The personal information you provide may be shared with our client, but will not be passed to third parties without your consent. The Agent has not tested any apparatus, equipment, appliance, fixtures, fittings or services and so cannot verify that they are in working order, or fit for the purpose. A Buyer is advised to obtain verification from their solicitor and/or surveyor. References to the tenure/outgoings/charges of a property are based on information supplied by the seller - the Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their solicitor. Items shown in photographs/floor plans are not included unless specifically mentioned within the sale particulars. They may be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on a journey to view a property.