Property photos
Freehold
Guide price
£399,000
(£66.48/sq. ft)
Land for sale
Old Malthouse, Bartholomew Street East, Exeter, Devon EX46,002 sq. ft
Local area information
Property location
Nearby amenities
- St David's CofE Primary School 0.1 miles
- St Wilfrid's School 0.2 miles
- Exeter Central 0.2 miles
- Exeter St Thomas 0.5 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
- Freehold
- Prominent redevelopment opportunity in central Exeter
- Approx. 6,002 sq ft (557.60 sq m)
- Planning consent for conversion to 7 flats (under 2 planning permissions)
- Closely located to 'The Neighbourhood Exeter' Collegiate luxury student accommodation
- A couple of minutes walk into the city centre
- Located close to The Guidhall Shopping Centre
- Character premises with original features
- No cil payable
The building has previously been operated as a restaurant with ancillary residential accommodation but now non-trading. Internally, the building will need complete refurbishment throughout if it is to be used for its existing use.
Location
The property is located in the city of Exeter which according to the 2022 census has a population of approx. 135,000. The city benefits from the precious Russell Group Exeter University which attracts approx. 30,000 UK wide and international students. Exeter is also a popular tourist destination with a quality retail offering on the High Street, leisure activities on Exeter Quay and beaches at Exmouth only a 20 minutes drive from the city.
The property is situated in a prominent position close to a number of luxury student and residential schemes as well as being a couple of minutes walk to the High Street with its wide range of retail occupiers.
Accommodation
All areas are approximate and provided from clients management records.
Main Building:
Lower Ground floor - 2,272 sq ft (211.10 sq m)
Ground floor - 1,752 sq ft (162.80 sq m)
1st floor - 1,569 sq ft (145.80 sq m)
Total - 5,594 sq ft (519.70 sq m)
Kiln
Lower Ground floor - 227 sq ft (21.10 sq m)
Ground floor - 181 sq ft (16.80 sq m)
Total - 408 sq ft (37.90 sq m)
Building total: 6,002 sq ft (557.60 sq m)
Planning
The property has planning consent to be converted to 7 flats. This was under 2 planning permissions.
The planning permission dated 22nd July 2022 permitted the conversion of the first floor and part of the ground floor to 3 flats. Full details shown on Exeter City Council planning portal under ref: 20/1349/ful
The planning permission granted relating to the first floor conversion is being implemented.
The planning permission dated 28th April 2023 permitted the conversion of the restaurant (part ground and lower ground floors) into 4 flats. Full details shown on Exeter City Council planning portal under ref: 22/1328/pdcd
The attached plans showing the layout that has been approved by the 2 permissions show significant areas being used for bicycle and refuse storage. It may be possible to relocate these storage areas in the outside space to the rear of the property. Interested parties should make their own enquiries.
We have been advised that no cil is payable.
Rent / Price
£399,000
Business Rates
From the Valuation Office Agency website () we understand that the current Rateable Value is £20,500, therefore making the approximate Rates Payable £10,229.50 per annum for 2024/25.
The business rates and / or domestic rates would need to be re-assessed depending on the development works undertaken.
Services
We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.
EPC
The property has an EPC of C (65)
Legal Fees
Each party to be responsible for their own legal fees in relation to this transaction.
VAT
All figures quoted are exclusive of VAT if applicable.
Location
The property is located in the city of Exeter which according to the 2022 census has a population of approx. 135,000. The city benefits from the precious Russell Group Exeter University which attracts approx. 30,000 UK wide and international students. Exeter is also a popular tourist destination with a quality retail offering on the High Street, leisure activities on Exeter Quay and beaches at Exmouth only a 20 minutes drive from the city.
The property is situated in a prominent position close to a number of luxury student and residential schemes as well as being a couple of minutes walk to the High Street with its wide range of retail occupiers.
Accommodation
All areas are approximate and provided from clients management records.
Main Building:
Lower Ground floor - 2,272 sq ft (211.10 sq m)
Ground floor - 1,752 sq ft (162.80 sq m)
1st floor - 1,569 sq ft (145.80 sq m)
Total - 5,594 sq ft (519.70 sq m)
Kiln
Lower Ground floor - 227 sq ft (21.10 sq m)
Ground floor - 181 sq ft (16.80 sq m)
Total - 408 sq ft (37.90 sq m)
Building total: 6,002 sq ft (557.60 sq m)
Planning
The property has planning consent to be converted to 7 flats. This was under 2 planning permissions.
The planning permission dated 22nd July 2022 permitted the conversion of the first floor and part of the ground floor to 3 flats. Full details shown on Exeter City Council planning portal under ref: 20/1349/ful
The planning permission granted relating to the first floor conversion is being implemented.
The planning permission dated 28th April 2023 permitted the conversion of the restaurant (part ground and lower ground floors) into 4 flats. Full details shown on Exeter City Council planning portal under ref: 22/1328/pdcd
The attached plans showing the layout that has been approved by the 2 permissions show significant areas being used for bicycle and refuse storage. It may be possible to relocate these storage areas in the outside space to the rear of the property. Interested parties should make their own enquiries.
We have been advised that no cil is payable.
Rent / Price
£399,000
Business Rates
From the Valuation Office Agency website () we understand that the current Rateable Value is £20,500, therefore making the approximate Rates Payable £10,229.50 per annum for 2024/25.
The business rates and / or domestic rates would need to be re-assessed depending on the development works undertaken.
Services
We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.
EPC
The property has an EPC of C (65)
Legal Fees
Each party to be responsible for their own legal fees in relation to this transaction.
VAT
All figures quoted are exclusive of VAT if applicable.
Floor plans and tours
Floor plans (4)
More information
Listed by
Vickery Holman - Exeter
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