{"loaderData":{"0-3":{"propertyListing":{"building":{"id":"759470410517393","summary":"The building has previously been operated as a restaurant with ancillary residential accommodation but now non-trading. Internally, the building will need complete refurbishment throughout if it is to be used for its existing use.","archived":false,"description":"The building has previously been operated as a restaurant with ancillary residential accommodation but now non-trading. Internally, the building will need complete refurbishment throughout if it is to be used for its existing use.

Location

The property is located in the city of Exeter which according to the 2022 census has a population of approx. 135,000. The city benefits from the precious Russell Group Exeter University which attracts approx. 30,000 UK wide and international students. Exeter is also a popular tourist destination with a quality retail offering on the High Street, leisure activities on Exeter Quay and beaches at Exmouth only a 20 minutes drive from the city.

The property is situated in a prominent position close to a number of luxury student and residential schemes as well as being a couple of minutes walk to the High Street with its wide range of retail occupiers.

Accommodation

All areas are approximate and provided from clients management records.

Main Building:
Lower Ground floor - 2,272 sq ft (211.10 sq m)
Ground floor - 1,752 sq ft (162.80 sq m)
1st floor - 1,569 sq ft (145.80 sq m)
Total - 5,594 sq ft (519.70 sq m)

Kiln
Lower Ground floor - 227 sq ft (21.10 sq m)
Ground floor - 181 sq ft (16.80 sq m)
Total - 408 sq ft (37.90 sq m)

Building total: 6,002 sq ft (557.60 sq m)

Planning

The property has planning consent to be converted to 7 flats. This was under 2 planning permissions.

The planning permission dated 22nd July 2022 permitted the conversion of the first floor and part of the ground floor to 3 flats. Full details shown on Exeter City Council planning portal under ref: 20/1349/FUL

The planning permission granted relating to the first floor conversion has been implemented.

The planning permission dated 28th April 2023 permitted the conversion of the restaurant (part ground and lower ground floors) into 4 flats. Full details shown on Exeter City Council planning portal under ref: 22/1328/PDCD

The attached plans showing the layout that has been approved by the 2 permissions show significant areas being used for bicycle and refuse storage. It may be possible to relocate these storage areas in the outside space to the rear of the property. Interested parties should make their own enquiries.

We have been advised that no CIL is payable.

Rent / Price

£399,000

Business Rates

From the Valuation Office Agency website ( we understand that the current Rateable Value is £20,500, therefore making the approximate Rates Payable £10,229.50 per annum for 2024/25.

The business rates and / or domestic rates would need to be re-assessed depending on the development works undertaken.

Services

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC

The property has an EPC of C (65)

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

All figures quoted are exclusive of VAT which is applicable.","disclaimer":{"raw":"Disclaimer - Property reference 21179FH. The information displayed about this property comprises a\n property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of\n the advertisement or any linked or associated information, and Rightmove has no control over the\n content. This property advertisement does not constitute property particulars. The information is\n provided and maintained by Vickery Holman, Exeter. Please contact the selling\n agent or developer directly to obtain any information which may be available under the terms of\n The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations\n 2007 or the Home Report if in relation to a residential property in Scotland.\n"},"transactionType":"SALES","amenities":[],"keyFeatures":["Prominent redevelopment opportunity in central Exeter","Approx. 6,002 sq ft (557.60 sq m)","Planning consent for conversion to 7 flats (under 2 planning permissions)","Closely located to 'The Neighbourhood Exeter' Collegiate luxury student accommodation","A couple of minutes walk into the city centre","Located close to The Guidhall Shopping Centre","Character premises with original features","No CIL payable"],"environment":{"epcRating":null,"breeamRating":null,"environmentalDescription":null},"pricing":{"price":399000,"displayQualifier":"GUIDE_PRICE","frequency":null,"rentObligation":null},"useClasses":[],"tenureType":"FREEHOLD","tenureYearsRemaining":null,"parkingSpaces":null,"yearBuilt":null,"yearRenovated":null,"listedBuilding":null,"numberOfFloors":null,"planningPermission":null,"businessForSale":false,"media":{"brochures":[{"uri":"property-brochure/b7bd505a8/759470410517393/b7bd505a8150f41150ce36a7c7ade32d.pdf","description":" Particulars"}],"photos":[{"uri":"property-photo/501fc48f2/759470410517393/501fc48f2d9deaacadfb5f35742bb412.jpeg","description":"Photo 10"},{"uri":"property-photo/e59a3e2fe/759470410517393/e59a3e2fec4058dffa86ef1c89b3f688.jpeg","description":"Photo 13"},{"uri":"property-photo/62fbd3cc6/759470410517393/62fbd3cc6a960a7233fdd1c5df2ab975.jpeg","description":"Photo 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Vickery Holman is a multi-disciplined property company, the roots of which can be traced back as far as 1848. Today, the consultancy has more than 60 people working in four offices, strategically placed across the South West. Vickery Holman is a limited company, owned by its employees, and is a member of the RICS (Royal Institution of Chartered Surveyors).

Our consultants offer a full spectrum of skills in all areas of property, from all aspects of general practice and building surveying, right through to the management of commercial and residential property. Our specialist areas include dispute resolution, development consultancy, valuation, lease consultancy, business rates negotiations, in addition to commercial sales, lettings and acquisitions.

We deliver commercial property opportunities to a wide range of clients from single tenants to large scale investors. Our tailored, personal service aims to empower all our clients, whether they are new to property or seasoned professionals. We believe communication through personal contact is key to highlight those investment opportunities or potential pitfalls.

Can't find what you are looking for here? Call one of our offices in your area to speak to our experts who can identify with your property requirements and guide you through the process to find the right option for you.

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