5 bed terraced house for sale

1 High Street, Exmouth, Devon EX8

For sale by traditional online auction with bids invited by 8th October at 12pm. For viewings please book in online via our website to one of the scheduled block appointments or call .

A fantastic mixed commercial and residential investment property briefly comprising a ground floor cafe/childrens play space/gaming zone retail premises with flat to rear and a further three flats at first floor level. This deceptively large, extended, two storey, mid-terrace, property represents a great example of a well-run lettings vehicle and as such will appeal to a multitude of investor landlords on the lookout for a high-yielding rent machine.

Mixed retail and commercial property

A fantastic mixed commercial and residential investment property briefly comprising a ground floor cafe/childrens play space/gaming zone retail premises with flat to rear and a further three flats at first floor level. This deceptively large, extended, two storey, mid-terrace, property represents a great example of a well-run lettings vehicle and as such will appeal to a multitude of investor landlords on the lookout for a high-yielding rent machine.

Accommodation

Commercial

Ground floor: Cafe/childrens play space, leading to gaming zone, cloakroom/WC's.
Residential


Ground floor (to rear)

flat 4: Hall, bed/living room, kitchen, shower room/WC.

First floor

flat 1: Reception hall, kitchen, living room, bathroom/WC (stairs leading to second floor), two bedrooms.

Flat 2: Hallway with utility cupboard, kitchen/living room, bedroom with en-suite shower room/WC.

Flat 3: Hallway, kitchen, living room, bedroom with en-suite shower room, cloakroom/WC.

Tenure

Freehold subject to tenancies.

Tenancies

Commercial

Tenant holding over from an original lease dated from 8th November 2019 to 7th November 2020. The currents rents reserved are £625 per calendar month. Please refer to legal pack for security of tenure clause information.
Residential


Flat 1: Let on assured shorthold tenancy agreement dated from 27th March 2018 with current rents reserved of £775 per calendar month.

Flat 2: Let on assured shorthold tenancy agreement dated from 2nd September 2025 with current rents reserved of £725 per calendar month.

Flat 3: Let on assured shorthold tenancy agreement dated from 14th February 2024 with current rents reserved of £825 per calendar month.

Flat 4: Let on assured shorthold tenancy agreement dated from 1st November 2024 with current rents reserved of £600 per calendar month.

Epc's

Commercial rating: B.

Residential ratings: Flat 1: D; Flat 2: D; Flat 3: C; Flat 4: D.

What3Words

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Broadband & Mobile Coverage

Broadband: Ultrafast available

Mobile: Likely inside. Likely outside.

Source:

Viewings

Please book into one of the scheduled block appointments on our website or call to book a viewing.

Important Information

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum (if applicable), which will be available on Auction Day.

Auction Legal Pack & Finance

Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page. It is the purchaser’s responsibility to make all necessary legal, planning and finance enquiries prior to the auction.