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Offers in region of
£100,000 | 6,135 sq ft

Bar and nightclub for sale

Exeter EX4
Sold STC
Bar and nightclub
6,135 sq ft / 570 sq m
Added > 14 days

Features and description

  • Tenure: Leasehold (6 years remaining)
Presenting a unique commercial property opportunity located in the heart of Exeter, ideal for businesses looking for a vibrant and high-traffic area. This expansive three-story property is situated next to the main Exeter College, along Queen Street, the busiest road connecting the town centre to Exeter University. The location ensures a steady flow of potential customers and clients, making it perfect for diverse business ventures.

Proximity to Key Landmarks:
o Exeter Central Station: Just a 1-minute walk.
o Exeter High Street: A 5-minute walk away.
• Neighbouring Facilities:
o Adjacent to Exeter College, which benefits from roughly 12,000 students.
o Strategic positioning between the bustling town centre and the prestigious Exeter university, which has approximately 25,000 students.
o Substantial residential areas close by, providing a steady local customer base.

Facilities:
o Commercial Kitchen: A fully equipped kitchen, capable of supporting both the café and the events venue.
o Restrooms: Separate, well-maintained men's and ladies' toilets.
o Office: A dedicated office space, providing a quiet area for administrative tasks.
o Storage: A large basement area offering ample storage solutions.
o Parking: Space for 3-4 vehicles, a rare convenience in such a central location.

Financials:
• Annual Rent: £24,000
• Service and Rateable Value: Full rateable value at £12,000 per annum.
• Offers: Seeking offers above £100,000.

Imposing Georgian Terrace: The premises form part of an imposing Georgian terrace – an impressive landmark building, easily identified by visitors to the city centre.

This property is an excellent investment for entrepreneurs and established businesses seeking a central location with high visibility and foot traffic. Its current use as a multi-purpose venue demonstrates its versatility and potential for various commercial uses. With its prime location, comprehensive facilities, and attractive rental terms, this property is a gem in Exeter's commercial real estate market.
For more information or to arrange a viewing, please contact us today.

Rooms

GROUND FLOOR
Beauty Salon: A vibrant, front-facing area with bi-folding doors, currently housing a variety of beauty services including hairdressers, nail and brow technicians, a tattoo artist, and a piercer. Each professional rents space on a commission basis, creating a dynamic and cooperative environment. Café: Another front-facing area perfect for serving the busy pedestrian traffic. This cozy café is ideal for attracting both locals and students.

UNDERGROUND SPACE
Bar and Events Venue: A versatile underground area currently used as a bar and events space, specializing in popular weekly bottomless brunches. The venue holds a late licence to sell alcohol until 2 am on peak nights, making it a prime location for nightlife and special events.

About this agent

Smart Estate Agents - Exeter
Smart Estate Agents - Exeter
10 Southernhay West Exeter, Devon EX1 1JG
01392 976204
Full profileProperty listings
Company mission, vision and values ; Pioneering a smarter estate agent, by innovating outstanding customer service, creating lifetime customers. Thank you for dropping by to find out more about SMART and our fantastic team. From the start... Completely independent, and free to provide the service our clients and customers really want, SMART Estate Agent launched in 2014 and certainly hit the ground running as it was immediately apparent that Exeter had been crying out for an estate agent movers could rely on. So much so that we soon grew and added our Exmouth & Penryn Cornwall branches to our name. This allowed us to provide even more southwestern homeowners and landlords with our renowned services.
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