Property Details: Unit B, Portland House, Longbrook Street, Exeter, Devon, EX4 6AB

  • Unit B, Portland House, Longbrook Street, Exeter, Devon, EX4 6AB
Available, Long Leasehold Guide price: £400,000
Size: 267.5 sq m (2879 sq ft) Investment, Retail
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    Key Features

    • City centre restaurant investment for sale
    • Close to Exeter High Street
    • Long leasehold - 246 years remaining @ peppercorn rent
    • Let to "The Stand Off" Irish Bar/Restaurant
    • Rent: £35,000 p.a. rising to £40,000 p.a. April 2022
    • Net initial yield 8.40% rising to 9.60% April 2022
    • Guide price: £400,000

    Description

    City restaurant investment for sale

    Property Location: Unit B, Portland House, Longbrook Street, Exeter, Devon, EX4 6AB

    Key Contact:

    Simon Greenslade BSc MRICS

    • Office: 01392 202203
    • Direct Dial : 01392 284235

    Quick Enquiry: Simon Greenslade BSc MRICS

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    Damian Cook MRICS

    • Office: 01392 202203
    • Direct Dial : 01392 284234

    Quick Enquiry : Damian Cook MRICS

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