A superb opportunity to purchase a freehold investment property in a central yet quiet location, close to the city centre, the University and the hospital.
The property comprises a ground floor office, with first and second floor studio flats above. There is adjacent on street parking with business and residential permits available from Exeter City Council. The property has a gas fired central heating boiler providing heating and hot water throughout the building, and the Landlords currently collect utility payments within the rental. New windows were installed in the residential areas in 2018, and a mains wired interlinked fire alarm was also installed at that time.
The self-contained office provides ample window display, with a front entrance from Clifton Road, and a further access through a yard into Portland Street. This has been let for in excess of thirty years to the same company. The office has a staff kitchen, cloakroom and rear entrance lobby.
The property currently brings in a gross rental income of just under £19,000 and further information can be given on request.
Gas Central Heating
Exeter City Council
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