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For Sale£11,200,000.00

252-253 High Street, Exeter, EX4 3PZ

Retail - High Street, Retail , 23863 Sq Ft
Property type: Retail - High Street, Retail
Tenure: For Sale Freehold
Size: 23863 Sq Ft
Price: £11,200,000.00
Location: 252-253 High Street, 252-253 High Street, Exeter, EX4 3PZ

Prime High Street Retail Investment in a Historic Cathedral City

  • Prime reversionary retail investment situated in a historic Cathedral and University city
  • Regional dominant retailing centre with an affluent catchment
  • Prime location, directly adjacent to John Lewis
  • Secured to the strong national covenants of Waterstones and Halifax
  • Average Weighted Unexpired Lease Term of 11.2 years
  • Halifax and Waterstones have both recently committed to 10 year reversionary leases
  • Reversionary asset
  • Freehold
  • Passing rent of £657,328 per annum
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