Retail/Shop for sale Exmouth EX8 1NP,1035sq ft

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Retail/Shop

Retail/Shop For Sale Exmouth

PROPERTY ID: 123535

PROPERTY TYPE

Retail/Shop

STATUS

Available

SIZE

1,035 sq.ft

Key Features

Ground floor shop within the heart of the town centre

Fully let investment

Ground floor lock up shop with 2 bedroom flat above

Freehold

Guide price: £240,000

Property Details

The property is situated in the heart of the towns retail area in a good secondary trading position close to Rolle Street and the Magnolia Shopping Centre. The location is well represented by a mixture of national retailers, independent occupiers including Tesco, Fulfords Estate agents, Hays Travel, Sports Direct, as well as cafes, restaurants and solicitors. Exmouth is a popular seaside town with a population of approximately 35,000 which increases substantially in the summer months with the influx of tourists. Exmouth benefits from good links to Exeter by Bus and Train and the A376 leads to M5 motorway network.

The Property Comprises A Ground Floor Lock Up Shop With Main Sales Area, Rear Storage And Staff Facilities. Ground Floor Shop Within The Heart Of The Town Centre Fully Let Investment Ground Floor Lock Up Shop With 2 Bedroom Flat Above Freehold Guide Price: £240,000 The Property Is Situated In The Heart Of The Towns Retail Area In A Good Secondary Trading Position Close To Rolle Street And The Magnolia Shopping Centre. The Location Is Well Represented By A Mixture Of National Retailers, Independent Occupiers Including Tesco, Fulfords Estate Agents, Hays Travel, Sports Direct, As Well As Cafes, Restaurants And Solicitors. Exmouth Is A Popular Seaside Town With A Population Of Approximately 35,000 Which Increases Substantially In The Summer Months With The Influx Of Tourists. Exmouth Benefits From Good Links To Exeter By Bus And Train And The A376 Leads To M5 Motorway Network. The Property Comprises A Ground Floor Lock Up Shop With Self Contained, Separately Accessed Flat Above. The Shop Has A Sales Area To The Front, With Storage And Staff Facilities To The Rear. The Property Benefits From Wood Effect Flooring Throughout, Category 2 Lighting And Large Display Windows. The Flat Comprises A Kitchen, Shower Room, Living Room, One Double And One Single Room As Well As A Large Store Cupboard. The Kitchen Is Fitted With Base And Wall Units, Fitted Oven, Hob And Extraction. The Flat Has Been Recently Refurbished And Has Retained Character Features Such A Fireplace And Picture Rails. The Flat Benefits From Double Glazing And Gas Fired Central Heating. Accommodation Ground Floor Shop: 454 Sq Ft /42.18 Sq M First Floor Flat: 581 Sq Ft / 53.97 Sq M total: 1,035 Sq Ft/ 96.15 Sq M Vat Is Not Chargeable To The Rent Ground Floor Shop: C71 First Floor Flat : D62 Ground Floor Shop Let On A New Lease For 5 Years From January 2025 At A Rent Of £8,500 Per Annum. First Floor Flat Let On An Assured Shorthold Tenancy. 5th April 2023 At A Rent Of £9,540 Per Annum. Total Rent Income: £18,040 Per Annum For Sale: £240,000

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About the Agent

Stratton Creber Commercial - Exeter

See Agent's Other Properties

Retail Unit

£240,000 Freehold

20 High Street, Exmouth, EX8 1NP

Retail/Shop - Available
1,035 sq ft
96 sqm

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