Property photos
Just added
Guide price
£450,000
(£321.43/sq. ft)
Retail premises for sale
135 & 137 Magdalen Road, Exeter, Devon EX21,400 sq. ft
Local area information
Property location
Nearby amenities
- Exeter School 0.2 miles
- Exeter Tutorial College 0.2 miles
- St James Park (Exeter) 0.7 miles
- Polsloe Bridge 0.9 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
- Rare mixed use freehold available on Magdalen Road
- Approx. 1,400 sq ft over the ground, first and second floors
- The maisonette is currently let out on an AST at a passing rent of £1,150 pcm (£13,800 pa)
- The ground floor may be suitable for alternative uses subject to planning
- Ground floor benefits from a small outdoor courtyard
- Highly prominent from the roadside
- Immediately available
The property comprises a semi-detached mixed-use property currently configurated as an office on the ground floor (135 Magdalen Road) and a three bedroom maisonette flat above (137 Magdalen Road). The ground floor consists of a good sized open plan sales area with storage, additional sales (currently configured as an office board room) and small courtyard to the rear.
The maisonette is accessed from the right-hand-side at street level and consists of a good sized 3 bedroomed residential premises with kitchen, bathroom, living room and bedroom 3 on the first floor with the master bedroom and bedroom 2 on the second floor. There is also a generous sized landing on the second floor currently utilised for additional storage.
The maisonette is let on an expired AST (expired November 2023) and has continued as a monthly periodic tenancy until either party serves notice.
Location
Exeter is situated in the southwest of England, located on the River Exe around 36 miles from Plymouth and 65 miles from Bristol. With a population of approximately 130,700 and around half a million people living within a 45-minute catchment area of the city, the historic cathedral city of Exeter is a principle administrative and service centre in the Southwest Peninsula. Exeter is well served by transport communications with M5 running to the east of the city, an Intercity railway station and a regional airport a short distance to the east of the city.
The property is located along the northern side of the affluent Magdalen Road in close proximity to its junction with Fore Street / Heavitree Road, just east of Exeter City Centre. The immediate area is largely residential along with additional commercial uses nearby including 8Bizzy Be Picture Framing & Gallery9 and the numerous independent shops along Magdalen Road.
Accommodation
All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a net / gross internal basis.
Ground Floor Sales: 728 sq ft (67.66 sq m)
1st & 2nd floor maisonette: 672 sq ft (62.45 sq m)
Total: 1,400 sq ft (130.11 sq m)
Planning
The amended use classes would mean the ground floor could be used for E class uses which includes retail, cafe/restaurant and offices. Please enquire for further information.
Rent / Price
The property is available freehold and includes the maisonette which is subject to a long leasehold interest at an asking price of £450,000.
Business Rates
From the Valuation Office Agency website () we understand that the current Rateable Value is £13,000, therefore making the approximate Rates Payable £6,487.00 per annum for 2025/26.
The maisonette (137 Magdalen Road) has a Council Tax Band of A.
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
An EPC for the ground floor has been requested and will be shortly available. Please contact the marketing agents for further information.
The EPC for the maisonette is D (67).
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.
The maisonette is accessed from the right-hand-side at street level and consists of a good sized 3 bedroomed residential premises with kitchen, bathroom, living room and bedroom 3 on the first floor with the master bedroom and bedroom 2 on the second floor. There is also a generous sized landing on the second floor currently utilised for additional storage.
The maisonette is let on an expired AST (expired November 2023) and has continued as a monthly periodic tenancy until either party serves notice.
Location
Exeter is situated in the southwest of England, located on the River Exe around 36 miles from Plymouth and 65 miles from Bristol. With a population of approximately 130,700 and around half a million people living within a 45-minute catchment area of the city, the historic cathedral city of Exeter is a principle administrative and service centre in the Southwest Peninsula. Exeter is well served by transport communications with M5 running to the east of the city, an Intercity railway station and a regional airport a short distance to the east of the city.
The property is located along the northern side of the affluent Magdalen Road in close proximity to its junction with Fore Street / Heavitree Road, just east of Exeter City Centre. The immediate area is largely residential along with additional commercial uses nearby including 8Bizzy Be Picture Framing & Gallery9 and the numerous independent shops along Magdalen Road.
Accommodation
All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a net / gross internal basis.
Ground Floor Sales: 728 sq ft (67.66 sq m)
1st & 2nd floor maisonette: 672 sq ft (62.45 sq m)
Total: 1,400 sq ft (130.11 sq m)
Planning
The amended use classes would mean the ground floor could be used for E class uses which includes retail, cafe/restaurant and offices. Please enquire for further information.
Rent / Price
The property is available freehold and includes the maisonette which is subject to a long leasehold interest at an asking price of £450,000.
Business Rates
From the Valuation Office Agency website () we understand that the current Rateable Value is £13,000, therefore making the approximate Rates Payable £6,487.00 per annum for 2025/26.
The maisonette (137 Magdalen Road) has a Council Tax Band of A.
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
An EPC for the ground floor has been requested and will be shortly available. Please contact the marketing agents for further information.
The EPC for the maisonette is D (67).
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.
More information
Listed by
Vickery Holman - Exeter
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