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Union Street - Car Park 0.36 Acres of Commercial Land Offered at $820,832 in Exmouth EX8 1HZ

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INVESTMENT HIGHLIGHTS

  • Rare freehold level site in thriving coastal town
  • Development & value add potential
  • Offering a strong return with potential to increase income levels

EXECUTIVE SUMMARY

Site - 0.362 acres
Tenure – Freehold
Income - £51,960 per annum
Occupier – Euro Car Parks
Rarely available freehold site
Longer term development potential (STP)
Opportunity to boost income through EV chargers
Price - £615,000 reflecting a NIY of 8% Purchasers costs at 5.09%

PROPERTY FACTS

Price $820,832
Sale Type Investment
Tenure Freehold
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.36 AC

1 LOT AVAILABLE

Lot

Price $820,832
Price Per AC $2,280,088.32
Lot Size 0.36 AC

Freehold Car Park investment Opportunity Site - 0.362 acres Tenure – Freehold Income - £51,960 per annum Occupier – Euro Car Parks

DESCRIPTION

Level car park site in central Exmouth Rarely available freehold site Development potential STP

  • Listing ID: 35714609

  • Date on Market: 5/2/2025

  • Last Updated:

  • Address: Union Street, Exmouth EX8 1HZ

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