Summary - 1-2, THE STRAND EX8 1AB
1 bed 1 bath Commercial Development
Large Edwardian mixed‑use investment beside Memorial Square, strong footfall..
Prominent corner town‑centre retail and residential freehold
A prominent mixed‑use freehold on Exmouth’s main riverside thoroughfare, this substantial Edwardian corner building offers immediate high-street visibility and strong pedestrian exposure. Ground floor comprises two income‑producing retail units (one with hot‑food takeaway consent) and five residential flats above which are sold on long leaseholds, creating an established income stream for an investor seeking central town‑centre assets.
The building footprint and internal area (approx. 5,352 sq ft) suit continued retail or restaurant use at ground level with characterful three‑storey period elevations and high ceilings. Its corner position adjacent to Memorial Square and the estuary attracts passing trade and visitor footfall from the waterfront and nearby amenities.
Buyers should note material constraints: the property is in an area classified as deprived with very high crime statistics and a high flood risk, which will affect insurance and operating costs. Upper‑floor flats are on long leases, limiting short‑term management control and requiring review of lease terms and service arrangements.
This freehold suits an investor who values location and visibility over hands‑on redevelopment. It offers potential for rent growth from ground‑floor operators and long‑term capital appreciation tied to waterfront retail demand, provided flood and security exposures are actively managed.
Commercial property for sale in Rolle Street, Exmouth, EX8 — £120,000 • 1 bed • 1 bath • 812 ft²
Commercial property for sale in High Street, Exmouth, EX8 1NN, EX8 — £395,000 • 5 bed • 4 bath
Shop for sale in Exeter Road, Exmouth, EX8 1PP, EX8 — £160,000 • 1 bed • 1 bath • 1285 ft²
Commercial development for sale in Residential Development Opportunity, St Thomas Centre, Exeter, EX4 — £23,107 • 1 bed • 1 bath • 5135 ft²
2 bedroom flat for sale in The Strand, Exmouth Town Centre, EX8 — £189,950 • 2 bed • 1 bath • 732 ft²
4 bedroom property for sale in Rolle Street, Exmouth, EX8 — £285,000 • 4 bed • 3 bath • 629 ft²
