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A property by the sea, a well-known developing seaside town in the east of Devon. Enjoy a cute setting, close to downtown Seaton, the adjoining esplanade and beach, close to gardens and attractions, right on the southwest coast.
The imposing building, which is the subject of recent investments, includes a cafe on the ground floor, from which the rental income comes, a 2-room apartment on the ground floor with sea views, which is now occupied by the owner. This ready freehold investment/development opportunity business is suitable for vacation or long-term rental. There is also an additional studio apartment (under development), also suitable for vacation or rental.
This investment/development opportunity for sale offers diverse properties, great opportunities for new owners, potential rental income, opportunities to increase income by renting out on vacation, benefits from owning an entire building without title, receiving land rent from other apartments, future lease extensions/expected expansion payments.
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