Initial price	£180,000
24/10/25	£170,000
Price Change	-5.56%

This ground floor retail property is situated on Sidmouth High Street, offering a highly convenient location with a successful independent business currently in occupation. The tenant has a lease agreement in place until March 2028, with a current rent of £10,920, which is set to increase to £11,700 in March 2026, providing a 6.5% annual return. The property also includes the freehold of The Gables, East Street, held on a 999-year lease. With a retail area of approximately 355 square feet and planning consent for A1 retail use, this property presents a solid investment opportunity with potential for future growth. Additionally, the property benefits from business rate relief and shared outgoings with the Gables.