retail property advisors

Exeter

Exeter investment
Acquired

Prime location let to Co-op Bank

241/243 High Street

  • Exeter is a dominant regional retailing centre with an affluent catchment and is the principal commercial centre for Devon.
  • 100% prime trading location fronting the High Street, located in between Princesshay and the Guildhall Shopping Centres.
  • Total building area of c. 14,034 sq ft.
  • Let to Co-operative Bank for another 7.25 years.
  • Asset management opportunities to consider conversion of the upper floors to alternative uses.
  • Co-op Bank and their subtenant O2 both renewed their respective tenancies in September/December 2018.
  • Co-op Bank have been in occupation for over 40 years.
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