Exeter, Devon

£235,000 // Long Leasehold (999 Years)

Sold // Ref. 2174

• Long leasehold (999 years) income producing
  restaurant/bar investment property.
• Ground floor and upper ground floor let to a
  private individual.
• Current rent of £18,000 per annum.
• Let on a 6 year lease from July 2024.
• The rent is subject to three yearly RPI linked rent
  reviews.
• Guide Price: £235,000 reflecting a gross return
  before purchase costs of 7.66%.
• Business unaffected by the sale.