Property Information
Address:
79-81 Queen Street, Exeter
, EX4 3RP
Price: Property no longer available.
Size: 290 to 700 sqm
Primary Category: Leisure
All Categories:
Leisure, Shop,
Property Ref/Movehut: MH664678
Property Ref/Agent: 19388
*Please use the agent ref when calling the agent directly.
Property description
The property consists of a prominent Grade II listed building situated within the prime leisure district in Exeter.
The property comprises a fitted former restaurant, arranged as ground and first floor trading, with ancillary, plus additional basement accommodation,
Location
The property is located in the cathedral city of Exeter which has a resident population of 130,000 and is home to over 35,000 students. The city typically sees in excess of 2.5m tourist visits per annum (pre-Covid).
The unit is situated on Queen Street and the adjacent Queen Street Dining now comprise the dominant leisure destination and link the prime retail pitch on High Street with the nearby train station and Exeter College, beyond. The property is positioned between Royal Albert Memorial Museum, The Cavern music club, and The Phoenix entertainment venue.
Notable operators in the immediate vicinity include Franco Manca, Turtle Bay, Brew Dog, Five Guys, Boston Tea Party and Caffe Nero.
Accommodation
All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition).
Rent / Price
£115,000 per annum exclusive.
Terms
The property is to be made available by way of a new effectively full repairing and insuring lease on terms to be agreed. There will be a service charge payable in respect of the landlord's retained parts.
Business Rates
From the Valuation Office Agency website () we understand that the current Rateable Value is £121,000. Therefore making the approximate Rates Payable £61,952 per annum for 2020/21.
Services
We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.
EPC
D (76)
Legal Fees
Each party to be responsible for their own legal fees in relation to this transaction.
VAT
All figures quoted are exclusive of VAT if applicable.
Substantial fitted former restaurant available on a new lease
Located opposite Queen Street Dining with notable operators including Franco Manca, Turtle Bay and Brew Dog
Other occupier's on the street include Five Guys, Boston Tea Party and Caffe Nero
Ground floor sales: 3,118 (289.7 sq m)
First Floor Sales: 1,736 sq ft (161.3 sq m)
Basement: 2,677 sq ft (248.7 sq m)
Immediately available
Circa 100 meters from Exeter High Street
Situated within the heart of Exeter's leisure center
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