East Street, Sidmouth
- PROPERTY TYPE
Shop
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Town Centre Shop Premises
- Freehold
- 6.5% yeild from March 2026
- Tenant in situ until March 2028
Description
This ground floor premises, occupies a supremely convenient position moments from Sidmouth High Street and is being offered for sale with the current tenant in situ. The tenant, who runs a successful independent business from the premises has a lease agreement in place to remain until March 2028.
The premises is presently let at £10,920 however, the rent is set to increase to £11,700 from March 2026 which will present a return of 6.5% per annum.
The purchase also includes the freehold of The Gables, East Street which is held on a 999 year lease from May 2002.
Building frontage 5m approx. Building depth 9.4m approx. Retail area 33sq m (355 sq ft) approx.
Planning: We are advised the shop premises benefits from planning consent A1 (Retail)
Outgoings: Buildings Insurance /Common areas maintenance share at 25% - The Gables share 75%
Ratable Value: £9700 (April 2023 - Present) As a result, this premises benefits from business rate relief.
East Street, Sidmouth
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Feniton Station7.7 miles
About Redferns Estate and Letting agents, Sidmouth
99 High Street, Sidmouth, EX10 8LD
Notes
Disclaimer - Property reference S1460129. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Redferns Estate and Letting agents, Sidmouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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