Rare 0.45ha city-centre plot with large factory for residential-led redevelopment..
Freehold development site approx. 0.45 hectares (1.12 acres)
A rare freehold development site in the heart of Exeter city centre, extending to approximately 0.45 hectares (1.12 acres). The site contains a four-storey factory and ancillary workshops previously occupied by a long-standing commercial operator, offering substantial footprint and massing for a residential-led redevelopment subject to consents.
The location delivers immediate urban connectivity — excellent mobile signal, fast broadband and close walking distance to rail links, bus stops and a wide range of shops, services and amenities. Good local schools are nearby and the plot’s central position supports schemes that capitalise on city-centre living.
There is no planning permission in place; any residential or mixed-use proposal will require full planning and potentially extensive building surveys. The existing industrial fabric will need significant conversion, refurbishment or demolition and rebuild works. Prospective buyers should allow for planning risk, construction costs and the need for detailed site investigations.
The site is offered freehold and represents a strategic opportunity for developers or investors seeking a sizeable central plot. Note the local area records higher crime levels than average and any scheme should factor in design, security and management measures to mitigate that context. Early feasibility work and liaison with the local planning authority are recommended.