Freehold Commercial/Residential Property Investment Opportunity - Centrally Located in Seaton, Devon

Guide Price : £440,000

Business Reference No. 12728

  • Substantial commercial/residential property located in the town centre and occupying a large and highly visible corner site at the junction of Queen Street and Beer Road
  • The premises comprise a mix of 6 shops, 9 leasehold flats & 5 car parking spaces
  • Current annualised income £42,499 (as at August 2019)
  • Offered for sale by our vendor client (someone of retirement age)
  • Very competitively/attractively priced to encourage an early sale

TOWN LOCATION & PROFILE : Situated on the east Devon coast roughly mid-way between Sidmouth and Lyme Regis, Seaton is often referred to as a gateway town to the Jurassic Coast. Seaton is the major settlement in this area and is fairly closely surrounded by the parishes of Axmouth, Beer, Colyton and Combpyne Rousdon.

With the ancient harbour of Axmouth to the east and the white cliffs of Beer to the west, Seaton occupies a flat site at the mouth of the River Axe. Its mile long beach opens onto the waters of Seaton Bay and offers opportunities for water sports of all kinds, from sailing and swimming, to diving and windsurfing.

The South West Coast...

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