Garages & Car Parks for sale in EX1, Exeter

Commercial Property in EX1 available for sale

Specialist Properties for Sale Near the EX1, Exeter

More details for 200 Honiton Rd, Exeter - Specialist for Sale

Carbana Car Wash - 200 Honiton Rd

Exeter, EX1 3RU

Specialist for Sale
£907,000
500 sq ft

Exeter Specialist for Sale

The freehold investment is available for purchase, at £907,000 excusive of VAT, reflecting a Net Initial Yield of 7.00% (assuming purchasers’ costs of 5.64%). The site is let to Carbana Ltd for a term of 20 years on a full repairing and insuring basis, commencing 15/10/2024. Carbana Ltd (Company No. 11330514) are rated 59 “Low Risk” on CreditSafe with a net worth of £2,277,412 at 31/12/2024. The lease is subject to a £15,000 rent deposit, and there is a rent review every 5 years to CPI (H) 2% and 4% collar and cap. Following their opening day on the 8th February 2025, the car wash has been very successful, with strong levels of demand both throughout the week and over the weekend.

Contact:

Alder King LLP

Property Subtype:

Car Wash

Date on Market:

03/11/2025

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More details for South St, Exeter - Specialist for Sale

Kalendar Hall - South St

Exeter, EX1 1DZ

Specialist for Sale
£175,000
2,165 sq ft

Exeter Specialist for Sale

The property is offered for sale by way of a long leasehold (expiring September 2056), at a guide price of £175,000. Kalendar Hall is a mid terraced building, set within a continuous street frontage on South Street, with adjoining buildings on both sides and no exposed side elevations. The property is arranged over two floors, with the ground floor comprising a performing arts hall together with a stage, three independently accessed music rooms, an office and a basement below the stage. Male and female toilets are accessed off the ground floor corridor, and there is a further WC off the first floor landing. The performing arts hall has crittall single glazed windows, wooden flooring, Category-II lighting and a single wall mounted electric heater. The first floor comprises an open plan music classroom, a further two music rooms and toilet facilities all accessed off the landing. The specification of the open plan classroom is consistent with that of the performing arts hall but with the benefit of secondary glazing. The property also benefits from an area of outside space. The property is situated in a good secondary location within the city centre, close to the High Street. South Street comprises a number of independent retailers together with Estate Agents and restaurants and benefits from good pedestrian and vehicular flow. Nearby occupiers include KFC, Marie Curie, RSPCA, Cost Cutters and Oxfam.