North Street, Heavitree, Exeter, EX1

This is an extremely rare opportunity to purchase this freehold shop in a very sought after residential area. The property occupies a visible location in Central Heavitree and includes a large extended and very prominent shop frontage as well as spacious interior. Excellent rental yield with further development potential (subject to the usual permissions)

Glazed Door From North Street Into...

A door from the shop opens onto...

Shop Area 7.62m x 7.50m (25'0" x 24'7") A very good sized open plan L-shaped shop. The main area to the front includes an extensive shop frontage opening directly onto North Street and very visible from the main Heavitree Fore Street. The shop is currently being used as a Florists. The large open plan customer space also includes adequate provision for flower presentation with a further preparation and till area to the rear of the shop.

Lobby And Store Ideal storage space which could be potentially incorporated into the main shop floor area if required.

Stairs from the preparation area rise to a first floor store room.

Kitchen/Office 3.07m x 2.54m (10'1" x 8'4") Windows to the side and rear, door onto the garden, roll edge work surface area, inset stainless steel single drainer sink unit.

First Floor Store 3.60m x 3.35m (11'10" x 11') This is an approximate measurement and does not include an extended area into the eaves. There is restricted head room in this store room due to sloping ceilings. Window to the side.

Outside Enclosed courtyard style garden with access to outside WC.

Agents Note This property is currently rented to a reputable and long established Florist business. The agents are led to believe that the current lease expires in September 2021. There is potential for this lease to be extended if required although clearly would be subject to successful negotiations with the current tenants on both sides. The current rental income is believed to be £7,644 per annum, which equates to a very healthy rental yield. The property also offers huge scope for conversion potentially into a residential unit and will be an ideal opportunity to do so in conjunction with the adjoining properties also being available. Please contact the agents for further information.

Directions
From the Paris Street roundabout in Exeter City Centre proceed into Heavitree Road. Continue straight across at the traffic lights and continue on into Fore Street. Turn left at the crossroads into North Street and the property will be found immediately on the right hand side.