Queen Street, Exeter
£975,000 (Tenant Fees)

Freehold mixed-use investment | Queen Street, Exeter | Approx. £90,000 annual rental income

Francis Louis has once again sold an investment property off market. Located on Queen Street, next to Exeter’s Royal Albert Memorial Museum, this freehold building combines commercial and residential accommodation in a prominent city centre location.

The ground-floor commercial unit produces approximately £41,000 per annum. Above it are two two-bedroom apartments, each producing approximately £25,000 per annum, giving a combined rental income of approximately £91,000 per annum.

Queen Street’s mix of shops, businesses and homes makes this an attractive location for a mixed-use investment.

Entrance Hallway
Wooden door to the front aspect, wall mounted heater, storage cupboard, doors to,

Shower Room
A walk in shower, a low level w/c, a wash hand basin, tiled floor and surround, window to the side aspect,

Bedroom 1 (12' 7'' x 10' 4'' (3.83m x 3.15m))
Two windows to the rear aspect, wall mounted heater, door to,

En-suite (14' 8'' x 8' 1'' (4.47m x 2.46m))
A walk in shower, a wash hand basin, a low level w/c, two windows to the rear aspect,

Kitchen/Lounge (25' 8'' x 10' 11'' (7.82m x 3.32m))
A stunning high end kitchen with a solid worktop, inset sink, integral fridge/freezer, integral dishwasher, integral washing machine, 4 beautiful windows to the front aspect, wall mounted heater, stairs to mezzanine bedroom

Bedroom 2
Oak and Glass frame, fitted double bed with headboard, built in wardrobe,

Lease
A new lease will be set up.

Agents Notes
These particulars are not an offer or contract, nor part of one. You should not rely on statements by Francis Louis in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property condition or its value. Neither Francis Louis nor any joint agent has any authority to make any representations about the property and accordingly any information given is entirely without responsibility on the part of the agents, sellor(s) or lessor(s) Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. VAT: the vat position relating to the property may change without notice.