Queen Street, Exeter, EX4

OVERVIEW 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.
 

LOCATION 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.
 

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. 

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.
 

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

SUMMARY 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.