Property photos
Offers over
£350,000
Retail premises for sale
C/O Balliol House, Southernhay Gardens, Exeter, Devon EX1Local area information
Property location
Nearby amenities
- Exeter Cathedral School 0.2 miles
- The Maynard School 0.2 miles
- Exeter Central 0.4 miles
- St James Park (Exeter) 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Exeter to find out more about the local area.
Features and description
- Retail investment opportunity
- Within West quarter of Exeter
- Prominent street position
- Good footfall
- Independent retailer
- Offers in excess of £350,000 when equates to 7.59% niy taking purchases costs @3.80%
Investment Sale
Fore Street, Exeter Investment
Location
The property is located on Fore Street which is extremely popular with independent traders and benefits from good footfall all year round. The property is situated in a prominent position on the street with Taunton Leisure, Thomas Moore, Co-Op and The Real McCoy in close proximity.
Description
The property consists of a ground and lower ground floor retail premises currently let to two occupants under two separate leases. The ground floor benefits from a glass frontage and additional storage in the basement. The lower ground floor accommodation leased to the current occupant benefits from a small studio room and further storage adjacent.
Leases
The Ground Floor
The property is currently let to a private individual (who has been in occupation for approx. 6 years) on a 5 year Internal Repairing and Insuring lease dated 1st March 2022 (expiry 1st March 2027) at a passing rent of £10,400 per annum.
Lower Ground Floor
The property is currently let to a private individual (who has been in occupations for 8 years) on a 5 year Internal Repairing and Insuring lease dated 4th April 2022 (expiry 4th April 2027) at a passing rent of £17,160 per annum.
Price
The investment is available at Offers in Excess of £350,000 which equates to 7.59% niy taking purchasers costs at 3.80%
Fore Street, Exeter Investment
Location
The property is located on Fore Street which is extremely popular with independent traders and benefits from good footfall all year round. The property is situated in a prominent position on the street with Taunton Leisure, Thomas Moore, Co-Op and The Real McCoy in close proximity.
Description
The property consists of a ground and lower ground floor retail premises currently let to two occupants under two separate leases. The ground floor benefits from a glass frontage and additional storage in the basement. The lower ground floor accommodation leased to the current occupant benefits from a small studio room and further storage adjacent.
Leases
The Ground Floor
The property is currently let to a private individual (who has been in occupation for approx. 6 years) on a 5 year Internal Repairing and Insuring lease dated 1st March 2022 (expiry 1st March 2027) at a passing rent of £10,400 per annum.
Lower Ground Floor
The property is currently let to a private individual (who has been in occupations for 8 years) on a 5 year Internal Repairing and Insuring lease dated 4th April 2022 (expiry 4th April 2027) at a passing rent of £17,160 per annum.
Price
The investment is available at Offers in Excess of £350,000 which equates to 7.59% niy taking purchasers costs at 3.80%
More information
Listed by
Vickery Holman - Exeter
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