Main Rd
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Main Rd
439 SF 100% Leased Office Building Exminster EX6 8DB $754,196 ($1,718/SF)
Executive Summary
Comprising 3 Commercial Units & 3 Residential Flats with a gross rental income of £54,388 Per Annum.
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 £54,388 per annum, across the six rental income streams giving great spread of investment return and a shield from void risks.
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 £54,388 per annum, across the six rental income streams giving great spread of investment return and a shield from void risks.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
439 SF
Building Class
C
Year Built
1990
Price
$754,196
Price Per SF
$1,718
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
220 SF
Building FAR
0.34
Lot Size
0.03 AC
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Main Rd
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