4 bed terraced house

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4 bed terraced house

High Street, Honiton, Devon EX14
£370,000

Price History

Initial price £400,000
09/02/24 £370,000
Price Change -7.50%

Description

The property is a freehold opportunity to purchase a central High Street location in Honiton, with a successful and popular bar/restaurant on the ground floor let on a new 5-year lease at £18,000 + VAT. The property also has potential for three storey HMO/guest house accommodation, with 5-7 spacious letting rooms, kitchen, and bathroom, which could generate an additional annual income of circa £31,000. The property is listed as a Grade II building and all mains services are connected, including 3-phase for use of the bar.