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£195,000

West Street, Okehampton, EX20

  • 0 beds
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£195,000

  • 0 beds
Other
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£890 per month

Minimum deposit amount:

£9,750
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This represents a great opportunity to acquire a freehold commercial premises with current rents received of £19,260 per annum representing a 10% return on the investment.
A well maintained commercial premises located on West Street within the town of Okehampton is offered to market with no forward chain attached. This substantial building is set over three floors, approximate square footage to be confirmed. Currently occupying several tenants in situ to include 'Oke Computer Repairs' to the ground floor. Each tenant has access to a kitchen area, along with both male and female WC facilities. The prominent position of the property lends itself to gain a high level of passing traffic and pedestrian footfall. Nearby parking options available via a pay & display car park opposite behind Lloyds Bank and within the town.



Tenure: Freehold

Shop Floor w: 3.98m x l: 10.39m (w: 13' x l: 34' 1")


Inner Hall w: 1.01m x l: 2.76m (w: 3' 4" x l: 9' 1")


WC w: 1.24m x l: 1.43m (w: 4' 1" x l: 4' 8")


WC w: 0.99m x l: 1.45m (w: 3' 3" x l: 4' 9")


Kitchen w: 2.58m x l: 2.01m (w: 8' 5" x l: 6' 7")


Room 1 w: 4.23m x l: 3.59m (w: 13' 10" x l: 11' 9")


Office w: 3.4m x l: 1.96m (w: 11' 2" x l: 6' 5")


Office w: 4.61m x l: 2.23m (w: 15' 1" x l: 7' 4")


Second Floor


Office w: 4.5m x l: 4.3m (w: 14' 9" x l: 14' 1")


Office w: 2.6m x l: 4.7m (w: 8' 6" x l: 15' 5")


Office Space / Storage w: 2.5m x l: 3.6m (w: 8' 2" x l: 11' 10")


Storage Cupboard w: 1.8m x l: 1.5m (w: 5' 11" x l: 4' 11")


Storage Cupboard w: 1.8m x l: 1.5m (w: 5' 11" x l: 4' 11")


Agents Note
For all information with regards to the rateable value please contact West Devon Borough Council on 01822 813600.
Current rents received total £19260. For a detailed break down, please contact the office.
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