10-12 Palace Gate, Exeter
Size
5,971
Tenure
Freehold
EPC
Parking
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- Primary use
- Other leisure
No floor / site plan
Key features
- Freehold Vacant Retail/Restaurant Opportunity
- Former Restaurant Premises
- 5,971 sq ft (554.7 sq m)
- Asset Management Potential Via Letting
- Previously Let at £52,000 per annum
- Potential for Alternative Uses (stc)
- Desirable Pitch in Central Exeter
- Offered with Full Vacant Possession
- Guide Price Reflects a Low £58 per sq ft
Description
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.
- Service charge
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
Unclassified
- Environmental description
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Brochure
10-12 Palace Gate, Exeter
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Disclaimer - Property reference 4A17B55F-4E30-4C1B-A93C-27324604C455. 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 Savills National , Savills Auctions- Commercial. 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.