The premises are prominently situated in Fore Street which forms an extension of the High Street, Exeter’s prime shopping area. Fore Street is a particularly attractive retailing location for independent traders, but there are also regional and national chains represented. This is a popular trading position with the premises lying opposite the McCoys Arcade and close to the Co-Op convenience store.
The property comprises a small ground floor lock-up retail premises with further retail / store accommodation available on the lower ground floor. The shop offers prominent frontage to Fore Street in central Exeter, and has traded for the last seven to eight years in several different food and drink businesses. At the rear of the shop there is a kitchenette area with stainless steel sink unit and worktop. There is also an ’L’ shaped worktop with base units below in the middle section of the shop. There is an attractive window display area, spotlighting and an alarm. Please note that 122 Fore Street is a Grade II Listed Building.
The lower ground floor is also suitable for retail uses but is currently used for storage and comprises three storage areas, together with a toilet. There is also a mini safe in the lower ground floor.
The shop is available by way of a sub-lease or an assignment of the current five year lease dated (and commencing) from 28th January 2014. The current passing rent is £6,000 per annum and the lease provides for a tenant break option and rent review on 28th January 2017.
For further information please contact Mark Beskeen.