Mixed-use investment property in Dawlish Devon with apartment and garages for sale
Dawlish, Devon
- Status
FOR SALE
- Advert ID
647195
- Reference
INV36706N / Rightbiz
- Call Agent:
- Freehold: £179,995
- Turnover: £14,000 (£269 per week)
- Profit: Not Applicable
Business Details
FREEHOLD INVESTMENT PROPERTY OPPORTUNITY
Mixed FREEHOLD INVESTMENT PROPERTY OPPORTUNITY, comprising detached property offering self-contained apartment, 3 garages, and hardstanding/parking area suitable for a variety of uses. Occupying popular and sought after SOUTH DEVON coastal location.
Situated on the outskirts of the popular seaside resort of DAWLISH, with the town centre, esplanade, beach, famous lawns and 'Dawlish Water', along with railway station and attractions only a short walk away. Lying just off the South West Coastal Path, within easy reach of Teignmouth and the City of Exeter, a short drive away.
A prominent corner sited detached property, the subject of recent considerable investment ensuring it is presented to a high standard and all legislation met. Providing 3 single garages to the ground floor, self-contained flat to the first floor offering sitting room, kitchen, bedroom, and bathroom. Versatile outside space to the rear, currently offering car parking for 3 – 4 cars, suit numerous uses, potential development by way of an extension to the existing building subject to obtaining the necessary planning permissions.
The first time on the market for nearly 30 years, providing a variety of rental income streams, from the flat, the garages, and parking area. Flat currently let £800 per month, garages let £40 each per month, considered very favourable with ample scope to increase, plus additional income from car parking spaces which also lends itself to be increased.
Freehold £179,995, Ref: INV36706N
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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