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Victoria Pl
Axminster EX13 5NQ
The Old Bell House · Retail Property For Sale
Investment Highlights
- A landmark building located in the heart of Axminster
- The four shops currently produce an income of £28,581 per annum, which will increase to £29,181 from September 2026.
- Four let ground floor shops with six flats above which have been sold off on a long leasehold basis
- The six sold off residential flats provide an income of £150 per annum with further potential income from extending the existing long leases.
Executive Summary
and slatwall cladding on the majority of internal wall space. There are three sales areas and a partitioned off store area. A rear door provides access into the communal kitchen area, WCs and parking.
Unit 2— Is the smallest of the retail units providing an open plan display area with wooden effect flooring, a suspended ceiling with inset lighting and a partitioned off rear office/store. A rear door provides access into the communal kitchen area, WCs and parking with this property benefiting from a rear store.
Unit 3— A retail unit providing an open plan display area with a partial wooden effect floor with the rear area being rubber tile matting, category 2 lighting and spotlights. A rear door provides access into the communal kitchen area, WCs and parking with this property benefiting from a rear store.
Unit 4— This retail unit provides an open plan display area with wooden effect flooring, suspended ceiling grid with inset lighting. A rear door provides access into the communal kitchen area, WCs and parking with this property benefiting from a rear store.
Unit 2— Is the smallest of the retail units providing an open plan display area with wooden effect flooring, a suspended ceiling with inset lighting and a partitioned off rear office/store. A rear door provides access into the communal kitchen area, WCs and parking with this property benefiting from a rear store.
Unit 3— A retail unit providing an open plan display area with a partial wooden effect floor with the rear area being rubber tile matting, category 2 lighting and spotlights. A rear door provides access into the communal kitchen area, WCs and parking with this property benefiting from a rear store.
Unit 4— This retail unit provides an open plan display area with wooden effect flooring, suspended ceiling grid with inset lighting. A rear door provides access into the communal kitchen area, WCs and parking with this property benefiting from a rear store.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
2,314 SF
Building Class
B
Year Built
1901
Price
$409,389
Price Per SF
$176.92
Cap Rate
9.58%
NOI
$39,219
Percent Leased
82%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.33
Lot Size
0.16 AC
Frontage
49’ on West Street
Amenities
- Energy Performance Rating - C
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