70B & 70D High Street Honiton Devon EX14 1PD

70B & 70D High Street
Honiton
Devon
EX14 1PD

Residential Investment

  • Ground floor let to Boots UK Limited
  • Includes a three bedroom maisonette let on an AST
  • Chemists have been in occupation of this site for over 30 years
  • Attractive and affluent Devon market town
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    51
  • Auction
    8th December 2016
  • Rent
    £20,650 per Annum Exclusive
  • Status
    Sold
  • Price
    £290,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Update
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* More information on the term "guide" can be found here

Residential Investment

  • Ground floor let to Boots UK Limited
  • Includes a three bedroom maisonette let on an AST
  • Chemists have been in occupation of this site for over 30 years
  • Attractive and affluent Devon market town
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 51
  • Auction 8th December 2016
  • Rent
  • Status Sold
  • Price £290,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
18 miles north-east of Exeter,18 miles south of Taunton
Roads
A30, A35, M5 (Junction 29)
Rail
Honiton Railway Station
Air
Exeter International Airport
Situation

Honiton is an attractive and affluent Devon market town located just off the A30, 18 miles north-east of Exeter. The property is situated in the heart of the town centre on the south side of the
High Street. Nearby occupiers include WH Smith, Costa, Specsavers, Budgens, HSBC and Lloyds Bank.

Tenure

Freehold.

Location
Miles
18 miles north-east of Exeter,18 miles south of Taunton
Roads
A30, A35, M5 (Junction 29)
Rail
Honiton Railway Station
Air
Exeter International Airport
Situation

Honiton is an attractive and affluent Devon market town located just off the A30, 18 miles north-east of Exeter. The property is situated in the heart of the town centre on the south side of the
High Street. Nearby occupiers include WH Smith, Costa, Specsavers, Budgens, HSBC and Lloyds Bank.

Tenure

Freehold.

Description

The property comprises a ground floor retail unit currently used as a pharmacy with a self-contained three bedroom maisonette on the first and second floors, accessed from the High Street. Boots
occupy the adjoining property known as No. 70A High Street which does not form part of the sale. Additionally the property benefits from a rear yard.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor retail unit currently used as a pharmacy with a self-contained three bedroom maisonette on the first and second floors, accessed from the High Street. Boots
occupy the adjoining property known as No. 70A High Street which does not form part of the sale. Additionally the property benefits from a rear yard.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
70B Ground Retail/Ancillary
65.03 sq m
(700 sq ft)
BOOTS UK
LIMITED (1)
5 years from
29/09/2015
£13,750 28/09/2020
70D First &
Second
Residential
Three bedroom maisonette
INDIVIDUALS AST - 6 months
from 29/03/2014
£6,900 Holding Over
Total Commercial Area    
65.03 sq m
(700 sq ft)
    £20,650  

(1) For the year ending 31st August 2015, Boots UK Limited reported a turnover of £9,198,000,000, pre-tax profits of £542,000,000 and a total net worth of £367,000,000 (Source: Experian Group 08/11/2016).

Property Documents

  • Catalogue Page
    Updated Date
    29.10.19
    File Size
    486 KB
    View PDF
  • Site Plan
    Updated Date
    29.10.19
    File Size
    152 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Clarke Willmott LLP Blackbrook Gate, Blackbrook Park Avenue
Taunton
TA1 2PG
Lydia Harris 0345 209 1121lydia.harris@clarkewillmott.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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