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122A Fore St 4,284 SF Retail Building Exeter EX4 3JQ $471,317 ($110.02/SF) 6.69% Cap Rate
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
Building Size
4,284 SF
Building Class
B
Year Built
1909
Price
$471,317
Price Per SF
$110.02
Cap Rate
6.69%
NOI
$31,511
Tenancy
Single
Building Height
4 Stories
Building FAR
1.64
Lot Size
0.06 AC
Frontage
23’ on Fore St
AMENITIES
- Bus Line
1 1
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122A Fore St
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