Retail/Shop for sale Exeter EX9 6LQ,0sq ft

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Retail/Shop

Retail/Shop For Sale Exeter

PROPERTY ID: 132031

PROPERTY TYPE

Retail/Shop

STATUS

Available

SIZE

0 sq.ft

Key Features

Town centre mixed use investment

Popular East Devon seaside town

To lock up shops with two bed flat above with garden

All units self-contained

Ideal investment opportunity

Property Details

Budleigh Salterton is a popular and highly sought after seaside town approximately 15 miles south of Exeter and situated within an Area of Outstanding Natural Beauty. The property is situated within the heart of the town centre and an easy walk to the beach and sea. The town benefits from a good range of shopping facilities, a Health Centre, Churches, Library and Museum. The Cathedral city and county town of Exeter lies approximately 15 miles in a westerly direction with Junction 30 linking to the M5 Motorway and two main line railway stations making it ideal for commuting. The area is well favoured with local schools with a high reputation and several well patronised Golf courses readily accessible.

Town Centre Mixed Use Investment Popular East Devon Seaside Town To Lock Up Shops With Two Bed Flat Above With Garden Ideal Investment Opportunity All Units Self-contained Budleigh Salterton Is A Popular And Highly Sought After Seaside Town Approximately 15 Miles South Of Exeter And Situated Within An Area Of Outstanding Natural Beauty. The Property Is Situated Within The Heart Of The Town Centre And An Easy Walk To The Beach And Sea. The Town Benefits From A Good Range Of Shopping Facilities, A Health Centre, Churches, Library And Museum. The Cathedral City And County Town Of Exeter Lies Approximately 15 Miles In A Westerly Direction With Junction 30 Linking To The M5 Motorway And Two Main Line Railway Stations Making It Ideal For Commuting. The Area Is Well Favoured With Local Schools With A High Reputation And Several Well Patronised Golf Courses Readily Accessible. The Property Comprises An Attractive Mid Terraced Two Storey Building Within A Conservation Area. The Property Provides Two Lock Up Ground Floor Retail Office Units With Self-contained Residential Accommodation Above Comprising A Well-presented Two Bedroom Flat With A Sheltered And Private Garden To The Rear. Access To The Shops And Flat Is From The High Street. There Is Also Pedestrian Access From Brook Road To The Flat From The Rear. Freehold Interest Subject To The Existing Tenancies Is Available At A Guide Price Of £315,000 Subject To Contract. The Property Is Not Registered For Vat. Both Parties To Bear Their Own Legal Costs In The Transaction. Epc Ratings Number 14: C/53 Number 16: B/41 Number 16a: C/78 14 High Street Let To Gilbert Stephens Llp For 5 Years From 29.04.24 Expiring 28.04.29 On An Internal Repairing Basis. Rent £6,500 Pa Paid Quarterly In Advance Plus 1/3rd Share Of External Repairs And Building Insurance. Tenant break At 3rd Anniversary Subject To 6 Months Notice. 16 High Street Let To Clelia Gwynne-evans And Ian James Trading As Orchard Wholefoods For 12 Years From 11.09.23 Expiring 11.09.35 On An Internal Repairing Basis. Rent £7,000 P.a. Plus 1/3rd Share Of External Repairs And Insurance. Tenant Breaks Subject To 6 Months Notice And Rent Reviews At 09/26, 09/29 And 09/32. 16a High Street Let On New Shorthold For A Fixed 24 Month Term From 04/10/24 At A Rent Of £10,200 P.a (payable Monthly £850 Pcm). Total Annual Rent: £23,700 Pa.

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About the Agent

Stratton Creber Commercial - Exeter

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Retail Unit

£315,000 Freehold

14 And 16 High Street, Exeter, EX9 6LQ

Retail/Shop - Available
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