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41-43 The Parade
Exmouth EX8 1RD
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Exmouth is a popular South Devon seaside town & resort, With a residential population of 35,825
  • Situated in a strong retail pitch next to Iceland
  • Offers in the region of £575,000 – reflecting a Net Initial Yield of 10.77% after purchaser’s costs of 4.97%
  • 2 storey retail building let to Peacocks until February 2025
  • Rent £65,000 pa (£9.62 Psf overall
  • The price equating to £85.06 Psf overall

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
6,760 SF
Building Class
B
Year Built
1960
Tenancy
Single
Building Height
2 Stories
Building FAR
0.89
Lot Size
0.17 AC
Frontage
43’ on 41-43 The Parade

AMENITIES

  • Security System
  • Energy Performance Rating - D
  • Storage Space
  • Listing ID: 25244607

  • Date on Market: 3/14/2022

  • Last Updated:

  • Address: 41-43 The Parade, Exmouth EX8 1RD

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