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Investment

Investment For Sale Exeter

PROPERTY ID: 141690

PROPERTY TYPE

Investment

STATUS

Available

SIZE

4,869 sq.ft

Key Features

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

Property Details

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.

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.

About the Agent

Stratton Creber Commercial - Exeter

See Agent's Other Properties

Investment Unit

£615,000 Freehold

51-53 Fore Street, Exeter, EX1 2RJ
Investment - Available
4,869 sq ft
452 sqm
Show phone number

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