£615,000

Property for sale

  1.  Photo 1
  2.  Photo 2
  3.  Photo 3
Just added

£615,000

(£126.31/sq. ft)

Property for sale

51-53 Fore Street, Heavitree, Exeter, Devon EX1

4,869 sq. ft

Available immediately

Local area information

Property location

Nearby amenities

  • St Michael's Church of England Primary Academy 0.2 miles
  • Bramdean School 0.2 miles
  • Polsloe Bridge 0.7 miles
  • St James Park (Exeter) 1 mile

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

  • Mixed use investment opportunity
  • Busy trading position
  • Potential rental growth
  • Shop let to Sue Ryder
  • 3 flats, store and garages
  • Guide price: £615,000
Mixed use investment opportunity

Busy trading position

Potential rental growth

3 flats, store and garages

Shop let to Sue Ryder

The property is situated on one of the main arterial roads into the city centre in the Heavitree district of Exeter. This popular shopping area lies approximately 1 mile from the city centre and comprises a mixture of national and independent retailers including the Co-op food store, Sue Ryder, Lloyds Pharmacy, Groomtastic, Tesco Express and The Heavy Tree Café.

The property is on a regular bus route to and from the city centre, and there are also two short stay car parks close by.

Exeter is the county town and major regional shopping centre for the county of Devon. And has a population of approximately 129,000 and is at the heart of a travel to work area of over 470,000 residents and is situated some 80 miles south west of Bristol and 40 miles north west of Plymouth. Exeter is well served by transport communications with three junctions to the M5 motorway and direct access to the A30, A38 and A380 dual carriageway linking with Cornwall, Plymouth and Torbay respectively. Exeter also benefits from two railway stations, St David's and Central providing regular connections to London.

The property comprises a prominent corner period building providing a ground floor retail unit with a sales area, rear store and staff facilities. On the upper floor there are 3 self contained flats comprising 1 x 1 bed and 1 x 2 bed and 1 x 3 bed flats with a common laundry area.

Outside and to the rear there is a separate ground floor lock up store, open storage and two lock up garages. These are all currently vacant.

Proposal
The property is offered for sale Freehold, at a guide price of £615,000.

Tenure
Freehold

VAT is not chargeable to the purchase price.

Both parties to bear their own legal costs in the transaction.

Shop: C (64)
Rear Store: E (107)
Flat 51A: E (49)
Flat 51B: D (56)
Flat 51C: E (42)

Tenancy schedule - please see PDF Brochure.

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - Stratton Creber Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Stratton Creber Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Devon
  4. East Devon
  5. Exeter
  6. Heavitree
  7. Fore Street