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36 High St

1,799 SF Retail Building Sidmouth EX10 8ED $351,496 ($195/SF) 7.72% Cap Rate

Mixed Use Properties Devon Sidmouth 36 High St, Sidmouth EX10 8ED

Investment Highlights

  • Positioned within the heart of the town centre
  • Outside there is a rear courtyard with bike store and w/c facilities
  • Grade II listed mid terraced period property

Executive Summary

The property is let for a term of 6 years from 1st July 2022 to Gilbert Stephens Solicitors LLP on full repairing and insuring terms. There is a tenants option to break on 30th June 2025 subject to 6 months prior notice. The passing rent is £22,000 per annum and subject to review 1st July 2025. The freehold of the ground floor of number 38 High Street, known as Kent House and trading as Paragon Books has been sold off.

Attachments

Marketing Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
1,799 SF
Building Class
C
Year Built
1960
Price
$351,496
Price Per SF
$195
Cap Rate
7.72%
NOI
$27,133
Tenancy
Single
Building Height
3 Stories
Building FAR
0.37
Lot Size
0.11 AC
Parking
7 Spaces (3.89 Spaces per 1,000 SF Leased)
Frontage
26 FT on High Street

Amenities

  • 24 Hour Access
  • Courtyard
  • Energy Performance Rating - C

Links

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Nearby Major Retailers

Barclays
Costa Coffee
Londis
Lidl
+44 1392 202203

Contact

  • Listing ID: 31689566

  • Date on Market: 5/3/2024

  • Last Updated:

  • Address: 36 High St, Sidmouth EX10 8ED

The Retail Property at 36 High St, Sidmouth, EX10 8ED is currently available for sale. Contact Stratton Creber Commercial for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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36 High St, Sidmouth for sale Primary Photo- Image 1 of 8
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36 High St, Sidmouth for sale Building Photo- Image 2 of 8
Building
36 High St, Sidmouth for sale Other- Image 3 of 8
Courtyard
36 High St, Sidmouth for sale Other- Image 4 of 8
Parking
36 High St, Sidmouth for sale Other- Image 5 of 8
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36 High St, Sidmouth for sale Floor Plan- Image 6 of 8
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36 High St, Sidmouth for sale Goad Map- Image 7 of 8
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36 High St
+44 1392 202203 x

36 High St

Damian Cook

+44 1392 202203

+44 1392 202203

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