This ground floor premises, occupies a supremely convenient position moments from Sidmouth High Street and is being offered for sale with the current tenant (Flutterby's) in situ. The tenant, who runs a successful independent business from the premises has a lease agreement in place to remain until March 2028. Under the terms of the lease, the tenant retains the automatic right to renew.

The premises is presently let at £10,920 however, the rent is set to increase to £11,700 from March 2026 which will present a return of 6.5% per annum.

The purchase also includes the freehold of The Gables, East Street which is held on a 999 year lease from May 2002.

Building frontage 5m approx.  Building depth 9.4m approx. Retail area 33sq m (355 sq ft) approx.

Planning: We are advised the shop premises benefits from planning consent A1 (Retail)

Outgoings: Buildings Insurance /Common areas maintenance share at 25% - The Gables share 75%

Ratable Value: £9700 (April 2023 - Present) As a result, this premises benefits from business rate relief. https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief