Property description
SITUATION North Street is set in the heart of Exeter, being only a short walk to the High Street, with its abundance of retailers, restaurants, public houses, art galleries, RAM (The Royal Albert Memorial Museum); and many many boutique shops. North street is becoming ever popular since the opening of so many fantastic restaurants, boutique shops and the presence of the shopping hub of Princesshay.
No's 9 - 11 North Street are located behind the Guildhall Shopping area which has just had planning permission approved and is under construction currently, to be transformed into the hotly anticipated - new food, drink and shopping quarter, "The Queen Street dining Experience".
DESCRIPTION An exceptional development opportunity has arisen in the heart of Exeter City Centre to acquire the freehold of two individual Grade II listed adjoining buildings. Planning consent has been granted to convert the upper three floors into 8 apartments; the planning currently granted would be to transform the original floor space in to 7 two bedroom apartments and 1 one bedroom apartment. Located on the ground floor are two well established retail units; Mr Simms Olde Sweet Shop and Star Amusements which provide an excellent investment opportunity generating an income of £43,000 Per Annum. The leases on both these units would not be affected by the sale. A perfect development with additional investment opportunity not to be missed. For more information please contact Pyne & Lyon.