Initial price	£425,000
15/07/25	£375,000
12/11/25	£350,000
Price Change	-17.65%

The property is a retail investment opportunity in Honiton, a busy market town with a population of around 12,000. The property comprises two interconnected retail units with first and second floor storage, as well as a self-contained flat above one of the shops. The retail units are well-presented with modern shop fronts and suspended ceilings, and are located in a prominent trading location in the heart of the town. The ground floor retail space has a total area of approximately 1,266 square feet, while the first and second floor storage areas total around 920 square feet. The self-contained flat above one of the shops has three bedrooms, a bathroom, kitchen, and living room, and is currently let on a periodic tenancy. The property is let to Clarks Shoes for a period of four years, generating an annual rent of £22,000, and has a total annual rent of £30,400.