The business enjoys all the considerable commercial advantages of a trading position amongst other complementary businesses in the St Thomas Centre neighbourhood shopping centre in Cowick Street on the western outskirts of Exeter city centre and occupies a corner position within this high footfall shopping centre, recognised as one of the city’s best secondary neighbourhood retail locations. The shopping centre offers a diverse range of outlets and is anchored by the Co-Operative Supermarket and other national multiples include Lloyds Bank, NatWest Bank, HSBC Bank, Dominoes, Stokes, Cole, William Hill, Johnsons Dry Cleaners and Bath Travel. The centre also benefits from free parking for over 90 vehicles. Cowick Street is one of the main arterial routes into Exeter City Centre and the business serves this densely populated and increasingly popular residential suburb which is close to the city centre and this historic Quayside. Exeter itself is the regional capital of the South West and as such, is not only an established and expanding business centre, but also a popular tourist destination. Renowned for its historic Cathedral, University and waterside developments, Exeter boasts excellent transport communications with two mainline rail links to London, an international airport and easy access to the M5 motorway at Junction 30.
This well established café and coffee shop premises are purposely fitted and equipped and well presented throughout, and briefly comprise:- Ground Floor Coffee Shop and Café which can comfortably seat 44 customers internally and with seating for 12 customers externally to the front, Customer Servery Area, Kitchen and Customer WCs. Additionally, the premises offers a separate completely Self-Contained 2 Double Bedroom Flat with Sitting Room, Kitchen and Bathroom.
Number of Employees:
Single working proprietor with 1 full-time and 3 part-time staff
Number of bedrooms: 2
Self-contained 2 bedroom owners accommodation above
St Thomas Centre neighbourhood shopping centre in Cowick Street on the western outskirts of Exeter city centre
The properties are held on a 15 year lease from 2008 to 2023 with rent reviews every 5 years. The current rent is £23,900 plus VAT and there is an annual service charge contribution which we are advised is in the order of £1,200 per annum. Full details can be made available to interested parties following a formal viewing appointment.
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