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£1,500,000

(£125.19/sq. ft)

Retail premises for sale

Fore Street, Exeter EX4
11,982 sq. ft

£1,500,000

(£125.19/sq. ft)

Retail premises for sale
Fore Street, Exeter EX4

    • 11,982 sq. ft

About this property

  • Strong secondary retailing location

  • Long established national multiple retail tenants

  • Unbroken parade

  • Lease structure offering future flexibility for development of upper floors

  • Long-leasehold interest with 102 years remaining

  • Rebased Zone A rents

  • Current rent roll £125,700 per annum exclusive

This exciting investment and potential development opportunity is situated at the southern end of Exeter’s prime retail area, in close proximity to the High Street.
This substantial three (and part four) storey concrete frame building currently comprises four ground floor lock-up retail units, with first and second floors providing ancillary accommodation for numbers 173 & 174. There are self-contained (independently accessed) offices above 176. With the exception of Mansur Barbers the remaining units are let to national multiples, all of whom have been in occupation for more than twenty-five years and renewing their leases a number of times.
See marketing particulars for further information.

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