New Street, Honiton 3 bed property for sale

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New Street, Honiton 3 bed property for sale

New Street, Honiton
£350,000

Price History

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

Description

This property is an investment opportunity comprising two interconnected retail units with first and second floor storage, as well as a self-contained flat. The shops are located in the heart of Honiton, a busy market town with a population of around 12,000, and feature modern shop fronts and suspended ceilings with inset lighting. The retail units, which have a combined total of approximately 1,266 square feet, are currently let to Clarks Shoes for a period of four years at a rental of £22,000 per annum. The first floor flat, which has a total of approximately 444 square feet, is let on a periodic tenancy at a rent of £700 per month. The property has an EPC rating of C for the shops and D for the flat, and is not registered for VAT. Viewings are strictly by appointment with the agents.