Mixed investment property opportunity or home with an income, occupying a valuable Axminster town centre location, where properties continue to be in demand, considered one of the best and most popular shopping areas in the town, host to a wide range of retail outlets, catering establishments, and other services.
With new developments planned, enhancing the desirability of the area, and the town benefiting from easy access to include mainline railway stations and coastal destinations only a short drive away,.
A very deceptive property occupying a substantial site, the subject of considerable investment and improvement over the years, with further ongoing investment ensuring the property is presented to a high standard.
A versatile property, configured to provide 4 separate elements: office/shop 1, office/shop 2, a self-contained flat, and a private self-contained 2/3 bedroom house to the rear, suits the owner's occupation or could also be let to provide additional income.
It benefits from a garden, a large detached store (suitable for other uses), a workshop, a car port and an enclosed driveway.
Both office/shop units are currently let, are always popular and in demand, and their position within the town, generates rental income of £4,800 per annum and £7,200 per annum.
Flat to let to a family member, albeit vacant possession available, accommodation is always in high demand in the area, with rental income of £7,200 per annum
considered achievable.
The house is currently owner-occupied, and vacant possession is also available.
A rental income of £12,000 per annum is considered achievable if it produces a total rental income of £31,200 per annum.
Freehold Guide Price £475,000
