Exeter is a dominant regional retailing centre with an affluent catchment and is the principal commercial centre for Devon.

Strong tourism economy with approximately 500,000 staying visitors and over 1.5m day visitors each year, spending in excess of £166m per annum.

The property occupies a prominent trading position on Queen Street with a dual frontage onto St Peter Street, in the heart of Exeter’s Dining Circuit.

Total floor area of 13,234 sq ft, arranged over ground, basement and two upper floors.

Freehold.

Total current passing income of £151,800 pa with a WAULT to expiry of 17.43 years.

Revolution Bars Limited’s rent has a guaranteed increase to £141,000 pa on 8th August 2027, reflecting a 20% increase.

Snappy Snaps have recently removed the break clause effective 31/12/2025,indicating their commitment to the property.

Our clients are requesting offers for the freehold interest in excess of £1,780,000 (One Million Seven Hundred and Eighty Thousand Pounds),subject to contract and exclusive of Vat, which reflects a net initial yield of 8.02% increasing to 9.5% in August 2027. The price reflects a capital value of £135 per sq ft.