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Area statsGuide price
£950,000Parking for sale
Southernhay Gardens, Exeter EX1
Auction
Added yesterday
Parking
Key information
Tenure: Leasehold | 989 yrs left
Council tax: Ask agent
Broadband: Ultra-fast 10000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- On the instructions of the Joint Fixed Charge Receivers
- Leasehold basement city centre car park
- C.150 car parking spaces plus motorbike and bicycle parking
- Lift access to the Premier Inn
- Separate internal lift between the car park levels
- Vacant possession
Guide Price £950,000
For sale by online auction , registration is now open. Bidding opens on 26/03/2026 10:00 and ends on 26/03/2026 13:15.
DescriptionThe basement car park is arranged over four levels providing c.150 car parking spaces plus motorcycle and bicycle parking. The standard size of a car parking space has increased since the property was developed, so bringing the car park up to standard will reduce the number of car parking spaces. It benefits from lift access to the Premier Inn reception as well as an internal lift between the floors. The lift apparatus has not been tested. It is currently not in operation and will need to be serviced and recommissioned in partnership with the Landlord.
The car park is able to be operated 24 hours a day, although any buyer will need to install an access control system.
Due to the design of the hotel and car park, the Landlord/Premier Inn retains overall responsibility for the repair and maintenance of the structural parts of the building of which the car park forms part of the wider estate, with the costs being recoverable by the Landlord through service charge.
There is water ingress into the car park, and the electricity has been turned off as this needs to be tested and may need reinstating. Interested parties should make their own further enquiries.
LocationThe ancient city of Exeter is located on the River Exe approximately 32 miles south-west of Taunton, 11 miles north-west of Exmouth and 45 miles north-east of Plymouth. The city is accessible via the A380, A30 and A377 trunk roads, with the M5 motorway (Junctions 30 & 31) providing access to the north-east up to Bristol. Exeter Airport is located approximately 6 miles to the east of the city centre.
The property is accessed from Southernhay Gardens on the edge of the city centre, adjacent to Exeter Law Courts and the main city centre office developments around Southernhay. The car park sits below the Premier Inn. All city centre amenities are available within a short walk of the property.
For sale by online auction , registration is now open. Bidding opens on 26/03/2026 10:00 and ends on 26/03/2026 13:15.
DescriptionThe basement car park is arranged over four levels providing c.150 car parking spaces plus motorcycle and bicycle parking. The standard size of a car parking space has increased since the property was developed, so bringing the car park up to standard will reduce the number of car parking spaces. It benefits from lift access to the Premier Inn reception as well as an internal lift between the floors. The lift apparatus has not been tested. It is currently not in operation and will need to be serviced and recommissioned in partnership with the Landlord.
The car park is able to be operated 24 hours a day, although any buyer will need to install an access control system.
Due to the design of the hotel and car park, the Landlord/Premier Inn retains overall responsibility for the repair and maintenance of the structural parts of the building of which the car park forms part of the wider estate, with the costs being recoverable by the Landlord through service charge.
There is water ingress into the car park, and the electricity has been turned off as this needs to be tested and may need reinstating. Interested parties should make their own further enquiries.
LocationThe ancient city of Exeter is located on the River Exe approximately 32 miles south-west of Taunton, 11 miles north-west of Exmouth and 45 miles north-east of Plymouth. The city is accessible via the A380, A30 and A377 trunk roads, with the M5 motorway (Junctions 30 & 31) providing access to the north-east up to Bristol. Exeter Airport is located approximately 6 miles to the east of the city centre.
The property is accessed from Southernhay Gardens on the edge of the city centre, adjacent to Exeter Law Courts and the main city centre office developments around Southernhay. The car park sits below the Premier Inn. All city centre amenities are available within a short walk of the property.
Area statistics
Crime score
High crime
10/10
About this agent
Sanderson Weatherall - SW Property Auctions
4th Floor, 87-88 Bartholomew Close,
London
EC1A 7BL
020 8115 4236Sanderson Weatherall (SW) is a well-established and trusted multi-faceted company within the property industry, having a network of 9 offices spanning across the UK, combining our knowledge and skills to provide complete property advice, ultimately making you and your business more successful. SW has always prided itself in its professionalism and expertise with all types of clients, be it private or corporate. The new arm - “SW Property Auctions” is located within our London Office, offering the sale of properties nationwide via its online auction platform.