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50 Topsham Rd - St. Leonards Quarter 1,415 SF Retail Condo Unit Offered at $360,365 in Exeter EX2 4NF
INVESTMENT HIGHLIGHTS
- Ground floor unit circa 1,415 sq.ft (131.5 sq.m)
- New-build unit offered in shell condition ready for fit-out
- For sale (long leasehold): £270,000
- Located on a prominent arterial route to the city centre
- Excellent EPC rating expected
EXECUTIVE SUMMARY
St Leonards Quarter is a new development by Acorn Property Group, located in the popular and highly soughtafter St. Leonards area, in the heart of Exeter. It is situated close to the River Exe, Exeter City Centre, and the Royal Devon & Exeter Hospital. Exeter Central and St Davids train stations are under a mile away. Nearby amenities include independent shops, cafes and restaurants on Magdalen Road. St Leonards C of E primary school is nearby, and Exeter School and The Maynard School are both situated in the St Leonards area.
PROPERTY FACTS
| Total Building Size | 1,415 SF | Floors | 4 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 354 SF |
| Property Subtype | Apartment | Lot Size | 1.30 AC |
| Building Class | A |
| Total Building Size | 1,415 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | A |
| Floors | 4 |
| Typical Floor Size | 354 SF |
| Lot Size | 1.30 AC |
1 UNIT AVAILABLE
Unit Ground floor
| Unit Size | 1,415 SF | Condo Use | Retail |
| Price | $360,365 | Sale Type | Investment |
| Price Per SF | $254.68 | Tenure | Long Leasehold |
| Unit Size | 1,415 SF |
| Price | $360,365 |
| Price Per SF | $254.68 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
DESCRIPTION
Ground floor Pre-school unit. The unit occupies a prominent corner position with frontage onto Topsham Road, as well as looking out over a new public open space. On completion, the unit will be offered in shell condition ready for occupier’s bespoke fit-out. Plans (see overleaf) show the unit as having child-accessible WCs, staff WC and kitchen but the detailed layout remains flexible. The property has the benefit of a covered outdoor play area which is directly accessible from the unit.
SALE NOTES
The property is available by way of a long leasehold sale at a guide price of £270,000.
Alternatively, offered by way of a new lease on full repairing and insuring terms. Rent £25,000 per annum, with other lease terms by negotiation.
Presented by
50 Topsham Rd - St. Leonards Quarter
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