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122A Fore St 4,284 sq ft Retail Property Exeter EX4 3JQ £350,000 (£81.70/sq ft) 6.69% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Situated on arterial route between Exeter town centre and Exeter St Thomas
- Entrance directly from the high street
- Grade II Listed Public House
EXECUTIVE SUMMARY
Comprises ground floor public house with ancillary accommodation at first, second and third floor which can be accessed either through an internal staircase or by a separate entrance directly from the high street.
The property is at present let to an Individual for a term of 3 Years from 26th November 2024 and the lease contains full repairing and insuring covenants. Rent review on
26.05.26 linked to RPI. No breaks. Deposit held of £5,000.
The property is at present let to an Individual for a term of 3 Years from 26th November 2024 and the lease contains full repairing and insuring covenants. Rent review on
26.05.26 linked to RPI. No breaks. Deposit held of £5,000.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Property Size
4,284 sq ft
Costar Property Class
B
Year Built
1909
Price
£350,000
Price per sq ft
£81.70
Yield
6.69%
NOI
£23,400
Tenancy
Single
Number of Floors
4
Plot ratio
1.64
Total Plot Size
0.06 ac
Frontage
23 ft on Fore St
AMENITIES
- Bus Route
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122A Fore St
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