Property Details

The property is situated in a prominent central location on the corner of Exeter's busy High Street and North Street. This central location places it near landmarks such as Exeter Cathedral and the High Street shopping area making it easily accessible for both locals and visitors. Exeter is 80 miles South East of Bristol and 45 miles north East of Plymouth. The city is adjacent to Junctions 29, 30 and 31 of the M5 motorway which provides direct access to the rest of the UK. Exeter Airport is located 4 miles east of the city centre and serves over 1 million passengers per annum and 45 European destinations. The city has regular Intercity rail links with journey times of 1 hour 15 minutes to Bristol and 2 hours 20 minutes to London, Paddington. Nearby retailers include Holland & Barratt, Café Nero, and The Ivy Restaurant.

City Centre Investment, 3 Retail Units With Dental Practice And 2 Flats Above. 3 Retail Units With Self-contained Dental Practice And 2 Flats Above Fully Income Producing Total Income Of £181,300 P.a. Rising To Approximately £184,800 In September 2025 Direct Access From North Street To The Upper Floors Including The Flats The Property Is Situated In A Prominent Central Location On The Corner Of Exeter's Busy High Street And North Street. This Central Location Places It Near Landmarks Such As Exeter Cathedral And The High Street Shopping Area Making It Easily Accessible For Both Locals And Visitors. Exeter Is 80 Miles South East Of Bristol And 45 Miles North East Of Plymouth. The City Is Adjacent To Junctions 29, 30 And 31 Of The M5 Motorway Which Provides Direct Access To The Rest Of The Uk. Exeter Airport Is Located 4 Miles East Of The City Centre And Serves Over 1 Million Passengers Per Annum And 45 European Destinations. The City Has Regular Intercity Rail Links With Journey Times Of 1 Hour 15 Minutes To Bristol And 2 Hours 20 Minutes To London, Paddington. Nearby Retailers Include Holland & Barratt, Café Nero, And The Ivy Restaurant. The Property Comprises 3 Retail Units On The Ground Floor And Basement Levels With The Largest Unit Fronting The High Street And The Other Smaller Units On North Street. The Upper Floors Comprise A Dental Surgery With Direct Access From North Street With A Reception Area And Consulting Rooms. The Premises Have Been Occupied As A Dental Surgery For Over 15 Years. A Further Self Contained Entrance From North Street Provides Access To The First And Second Floor. 187-189 High Street The Property Comprises A Ground Floor Shop With Basement Storage And Staff Facilities. 49 North Street The Property Comprises A Ground Floor Lock Up Shop And Basement Store. To The Rear Of The Shop There Is A Kitchen And Staff W/c Facilities. 50-51 North Street The Property Comprises A Ground Floor Restaurant/ Shop With Customer Toilets, And Kitchen/ Store On The Lower Ground Floor. There Is A Small Enclosed Yard For Bin Storage To The Rear. 51 North Street The Upper Floor Of 187-189 High Street Comprises My Dentist Providing First Floor Offices Currently Used As 6 Treatment Rooms. Flats 1 & 2, 49a North Street Two Individual Flats Separately Accessed Off North Street. Proposal The Property Is Available Freehold Subject To The Existing Tenancies. Guide Price £2,150,000 Showing A Net Initial Yield Of 7.93% After Normal Purchasers Costs. The Commercial Element Of The Property Is Registered For Vat. It Is Anticipated That The Transaction Will Be Treated As A Transfer Of A Going Concern (togc). Vat Is Not Applicable To The Residential Flats. Both Parties To Bear Their Own Legal Costs In The Transaction. 49 North Street: B/39 50-51 North Street: C/75 51 North Street: E/125 187-189 High Street: B/46 Flat 1 - 49a North Street: C/78 Flat 2 - 49a North Street: C/80 Please See Tenancy Schedule On Details. Threshold Financial Services (yorkshire Building Society) Trading As The Yorkshire Building Society, The Company Is A Uk Based Independent Financial Advisory Firm. It Is Estimated That Their Turnover Is £12.5m With Increased Growth In Recent Years. (source: Www.pomanda.com) Integrated Dental Holdings (my Dentist) Trading As My Dentist, A Leading Dental Supply Company Operating A Network Of Over 600 Practices. The Company Manages More Than 850 Dentists And 1,500 Professionals, Serving Approximately 2 Million Patients Annually. (source: Www.pomanda.com)