Investment Consideration:
Vacant possession
ERV: £25,000 p.a. GIY: 8.33%
VAT is applicable to this property
Comprises ground floor public house with ancillary accommodation at first floor
Includes 2-bedroom apartment at second and third floor, accessed from the high street
Situated on arterial route between Exeter town centre and Exeter St Thomas with nearby occupiers including McColl`s, Merkur Slots, Barbers, Clothing Shop, Restaurants, and Takeaways, amongst others.
Property Description:
Comprises ground floor public house with ancillary accommodation at first floor and 2-bedroom apartment at second and third floor which can be accessed either through an internal staircase or by a separate entrance directly from the high street, providing residential development potential, subject to obtaining the necessary consents.
The property provides the following accommodation and dimensions:
Ground Floor: 2 Bar Sections, Play Area, WCs
First Floor: 2 Bar Sections, Office, Storage
Second Floor: 2 Rooms, Bathroom
Third Floor: 2 Rooms, WC
Total area size: 398 sq m (4,284 sq ft)
*Property size sourced from EPC and not measured by Blue Alpine
Location:
Exeter is a cathedral city and the county town of Devon, South-West England. It is situated on the River Exe, approximately 36 mi (58 km) northeast of Plymouth and 65 mi (105 km) southwest of Bristol. The property is situated on arterial route between Exeter town centre and Exeter St Thomas with nearby occupiers including McColl`s, Merkur Slots, Barbers, Clothing Shop, Restaurants, and Takeaways, amongst others.
