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51 The Parade, Exmouth, DEV

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51 The Parade

Exmouth, EX8 1RD

Property type:Retail Sub type:Storefront Status:Existing Year built:1875
Building size:2,215 sq ft
For sale price:£450,000 Price:£203.16 sq ft
Yield:6.44 %
Features:Security System

The property comprises a terraced building of traditional masonry construction, arranged over ground and three upper floors. The property provides retail accommodation.

The property is located on The Parade, in the centre of the seaside town of Exmouth. The A376 provides northward road access to Exeter, and Exmouth Railway Station provides local access to rail services.

Sale Notes:
The entire property is let for a term expiring 20.08.2023 to William Hill Organisation Limited. The property is let on full repairing and insuring terms subject to an internal only schedule of condition to the upper parts. William Hill have previously indicated that they would be prepared to relinquish the upper parts of the property.

VDBM Chartered Surveyors
Richard Morgan
01923 845226

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