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Bathurst House, Smythen Street, Exeter, South West, EX1 1BN
£275,000
- Office investment for sale
- A blend of historic character and contemporary design
- Tastefully and sympathetically refurbished over the years
- Three floors currently let
- Rear bicycle store and parking to the side of the building
- Location: The property is prominently located in Smythen Street at the rear of Fore Street in central Exeter. Fore Street forms an extension of the High Street, Exeter's prime shopping area. There are a number of independent, regional and national retailers represented in Fore Street. Smythen Street has a small public car park.
- Terms: Offers are sought in excess of u00a3275,000 for the freehold interest reflecting a net initial yield of 7.16% which will rise to around 10% on new lettings including the basement, after normal purchaser's costs.
- Legal Costs: Each party to bear their own legal costs incurred with the transaction.
- VAT: The property has not been elected for VAT and will therefore not be chargeable to the purchase price.
- EPC: The energy performance certificate rating is E122. The full certificate and recommendations can be provided on request.
This historic four storey building has been tastefully and sympathetically refurbished over the years to retain the appealing character of the original building whilst providing occupiers with a good standard of comfort and convenience. The property has gas central heating, ladies / gents toilet facilities (with a shower), a rear bicycle store and parking to the side of the building.
The property may also be suitable for redevelopment opportunities, including residential, in the future, subject to planning.
These particulars are intended as a general guide only and do not constitute any part of an offer or contract. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility. Intending purchasers or tenants should satisfy themselves as to the accuracy of all statements and representations before entering into any agreement. No employee or partner of Bruton Knowles has authority to make or give any representation or warranty in relation to the property
Bathurst House Smythen Street, Exeter, South West, EX1 1BN
Unit/Size 3137 Sq Ft - 3137 Sq Ft
Types Investment, Office, Development, Residential Development
Tenure Freehold
Code 12195