Prime 2.5-Acre Development Site with 37-Bedroom Hotel in Exeter Devon for Sale
Exeter, Devon
- Status
FOR SALE
- Date Submitted:
30/04/24
- Advert ID
610597
- Reference
GipsyHillDevelopment / Rightbiz
- Call Agent:
- Freehold: £1,995,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
A Prime 2.5 acre Exeter City Development Site
A fantastic development opportunity, currently a large 37-bedroom hotel complex, has now come to the market comprising of approx. 2.5 acres situated in Monkerton, a desirable residential area on the outskirts of the city of Exeter, Devon. With good vehicle and pedestrian access to the site, there are three large buildings together with level landscaped gardens and substantial car park. The property is within a minute’s drive to all main road links including the M5 motorway. A sale subject to planning will be considered and early viewings are highly recommended.
Exeter has long been a very sought-after city for both commercial and for relocation purposes and is surrounded by beautiful countryside and stunning coastal beaches nearby. Within minutes’ drive from this site is the Exeter city centre, mainline railway with direct Paddington connection, M5 motorway and Exeter International airport connecting daily to London and beyond.
PLANNING
The site benefits from C1 usage and the site was part of the 2010 Monkerton and Hill Barton Masterplan.
(we the agents feel this brown field site would be ideal for a residential scheme or a larger hotel development)
BUILDINGS
There are two garages and three main buildings as follows
Hotel
Coach House
Bungalow
SERVICES
Mains gas, electricity water, broadband and drainage are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.
FIXTURES AND FITTINGS
Depending on the requirements and negotiation, the hotel can be sold inclusive or with vacant possession of all trade fixtures and fittings.
BUSINESS RATES
Please make enquiries on the local valuation website (VOA) at www.voa.gov.uk (currently the property is fully exempt from business rates because of small business rates relief)
TENURE
Freehold
VIEWINGS.
All viewings and enquiries are to be made through the agents, Ware Commercial.
TEL. 01803 328880 or 01392 462266 Email. [email protected] www.warecommercial.com
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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