Banwell House Old Fore St 1,094 sq ft 100% Let Retail Property Sidmouth EX10 8LR £325,000 (£297.07/sq ft) 6.84% Net Initial Yield

Banwell House represents a well-secured freehold investment located in the affluent seaside town of Sidmouth, offering stable income from two established retail tenants alongside reversionary upside from three residential flats held on long leases expiring in 2077. The property currently produces £23,010 per annum with a net initial yield of 6.84%, supported by a diversified tenant mix including a long-standing beauty business and a retail occupier with indexed rental uplifts. The long leasehold residential element provides minimal income currently but offers future reversionary potential, creating a balanced income and asset management opportunity in a strong coastal location.