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3 Church Ct

Shop for sale

£80,000 407 sq ft

Blue Alpine Partners Limited
Contact name

Joseph Bachman - Blue Alpine Partners Limited

Full address
3 Church Ct, Okehampton EX20 1DJ – Okehampton
Highlights
  • Town centre location
  • No breaks. Lease expiry 2025
  • Rent review every third year
Property type

Shop for sale

Asking price
£80,000
Available space range
There is 1 space available. This measures 407 sq ft.
Features
Storage space
Brochure
Download the brochure

Sale details

Sale unit 3943390 Available

407 sq ft, £196.56 per sq ft

Unit Sale unit 3943390
Address 3 Church Ct, Okehampton, Devon, EX20 1DJ, GB
Size 407 sq ft
Price £80,000
Price per unit £196.56 per sq ft
Unit Sale unit 3943390
Address 3 Church Ct, Okehampton, Devon, EX20 1DJ, GB
Size 407 sq ft
Price £80,000
Price per unit £196.56 per sq ft
Sale type Investment
Tenure Freehold
Net income yield 6.3%
Financial type Actual
Financial year 2018
Net operating income £5,040

Sale notes

  • Freehold shop investment vat is not applicable to this property town centre location no breaks.
  • Lease expiry 2025 occupiers close by include betfred (adjacent), martin’s, peacocks, boots the chemist, specsavers, tsb, hsbc, and natwest banks.
  • Location: okehampton is an attractive town located on the northern edge of dartmoor national park approximately 24 miles west of exeter.
  • The town enjoys good road communications with the a30 by-pass running to the south of the town centre which provides access to the m5 motorway to the east of exeter and launceston some 7 miles to the west.
  • The property is located on the west side of st james street, diagonal to its junction with park row.

Property description

The property is arranged on ground floor only to provide a lock-up shop which forms part of a larger building the remainder of which is not included in the sale. The entire property is at present occupied by G. Harrison & J. Harrison for a term of 7 years from 25th May 2018 at a current rent of £5,040 per annum with no breaks. Rent review every third year.

Building subtype
Storefront retail office
Number of storeys
1
Rentable building area
407 sq ft
Year built
1910

Attachments

PDF #1 Marketing brochure/flyer Download

This shop for sale is located in Okehampton.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Blue Alpine Partners Limited. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Blue Alpine Partners Limited for full details and further information.