Retail premises for sale

7-11 North Street, Exeter EX4

Lot 48 **for sale by online auction** on 2nd December 2026

Freehold Part Vacant Buildings with Planning Permission Granted for the Extension to Create Additional Storey, Conversion and Internal Alterations of the First, Second and Third Floors to form Nineteen Flats

The property occupies a prominent position on North Street in the heart of Exeter city centre. It lies close to the junction with High Street, with Cathedral Yard, the Guildhall Shopping Centre, restaurants, bars, cultural attractions and city-centre amenities all within easy walking distance. Exeter is the principal commercial and administrative centre for Devon and benefits from strong road and rail connections. The central location supports both residential and commercial demand.

Four Buildings arranged as Ground Floor Shops and Upper Parts requiring modernisation on a site area of approximately 0.15 Acres arranged as follows:

Top Floor
Ancillary Accommodation

Second Floor
Ancillary Accommodation

First Floor
Ancillary Accommodation

Vacant Ground Floor Shop 7-8
Retail Premises

EPC Rating: Tbc

Vacant Ground Floor Shop 9
Retail Premises

EPC Rating: Tbc

Ground Floor Shop 11
Let on an iri lease ending on 11th March 2030 at £28,000 per annum.

EPC Rating: C

Courtyard Space

Planning Consent has been granted by Exeter City Council on 5th March 2025 for the Extension to Create Additional Storey, Conversion and Internal Alterations of the First, Second and Third Floors to form Nineteen Flats. Copies of the plans and consent are available for inspection. (Planning Reference: 24/0207/ful).

Note 1: There may be potential to create an additional fifth-floor penthouse, subject to planning permission and other necessary statutory approvals. No representation is made that such consent will be granted.

Note 2: The approved residential scheme comprises 19 apartments with a proposed net internals area of approximately 1,365 sq m (14,539 sq ft) The three commercial units provide approximately 310 sq m (3,336 sq ft)

Note 3: We have been advised that no cil or Section 106 contributions are payable.

Producing £28,000 per annum from the Ground Floor Shop 11 let as shown and Vacant Possession of the Ground Floor Shops 7-8,9, and Upper Floors

EPC Rating
D


Council Tax Band
A


*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Guide prices will be continually updated on our website up until the day of the auction.

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The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.