Old Malthouse

The building has previously been operated as a restaurant with ancillary residential accommodation but now non-trading. Internally, the building will need complete refurbishment throughout if it is to be used for its existing use.

The property is located in the city of Exeter which according to the 2022 census has a population of approx. 135,000. The city benefits from the precious Russell Group Exeter University which attracts approx. 30,000 UK wide and international students. Exeter is also a popular tourist destination with a quality retail offering on the High Street, leisure activities on Exeter Quay and beaches at Exmouth only a 20 minutes drive from the city.

The property is situated in a prominent position close to a number of luxury student and residential schemes as well as being a couple of minutes walk to the High Street with its wide range of retail occupiers.

All areas are approximate and provided from clients management records.

Main Building:
Lower Ground floor - 2,272 sq ft (211.10 sq m)
Ground floor - 1,752 sq ft (162.80 sq m)
1st floor - 1,569 sq ft (145.80 sq m)
Total - 5,594 sq ft (519.70 sq m)

Kiln
Lower Ground floor - 227 sq ft (21.10 sq m)
Ground floor - 181 sq ft (16.80 sq m)
Total - 408 sq ft (37.90 sq m)

Building total: 6,002 sq ft (557.60 sq m)

From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value is £20,500, therefore making the approximate Rates Payable £10,229.50 per annum for 2024/25.

The business rates and / or domestic rates would need to be re-assessed depending on the development works undertaken.

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

The property has an EPC of C (65)

Each party to be responsible for their own legal fees in relation to this transaction.

All figures quoted are exclusive of VAT if applicable.