Withdrawn
Withdrawn Prior
Sold Prior
Sold Prior
Sold
Sold Post
The property comprises a freehold vacant retail/restaurant opportunity located in Central Exeter.
Arranged across ground and first floors with rear access and yard/parking, the property was previously used as a restaurant and is currently offered with vacant possession.
The accommodation totals approx. 5,971 sq ft (554.7 sq m) and would suit a variety of occupiers. We therefore consider the property offers immediate asset management potential via letting, with the property previously being let to a restaurant occupier at £52,000 per annum.
The property may also benefit from potential to convert to alternative uses, including residential (subject to obtaining the requisite consents).
The property benefits from a frontage to Palace Gate, close to the junction with South Street, the area is known for bars and restaurants in Central Exeter and is close to the prime High Street pitch.
Tenure
Freehold