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£1,275,000

9 bedroom terraced house for sale

Colleton Crescent, Exeter

£1,275,000

9 bedroom terraced house for sale

Colleton Crescent, Exeter

Description

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Property features

  • THE ENTIRE BUILDING
  • Stunning location
  • Iconic building
  • Investment/Development.

Property description

A handsome and imposing Grade 11* listed five storey building situated in one of the city’s premier roads.

Currently let as a commercial investment the property has tremendous scope to either turn in to a stunning 6 + bedroom home or convert into luxury apartments.

Planning has been granted for 2 x 3 bedroom maisonettes; planning exists for 1 x 2 bedroom flat.

100 ft garden currently used for parking.

Circa 5000sqft.



Location
Colleton Crescent is perhaps the finest group of Georgian town houses in Exeter. The crescent, which is Grade II* Listed, is mentioned in Pevsner's 'The Buildings of England' and was built in 1802 by Matthew Nosworthy who was also responsible for Barnfield Crescent and Southernhay. At the start of the nineteenth century, business in the city was on the increase and Exeter was a thriving and bustling trading centre. The crescent of four storey town houses stands in a commanding position above the quayside overlooking the River Exe, the canal and the countryside beyond. Testament to the prosperity of the merchants who were profiting from the canal redevelopment which allowed larger and larger ships to navigate from Topsham to Exeter Quay, the crescent is the epitome of what was considered to be the finest and most elegant in architecture at that time. Indeed, such is its prominence that the famous English landscape artist J M W Turner chose to feature Colleton Crescent rather than the Cathedral as the focal point for his work 'A view of Exeter' painted in 1827.Minutes from the city centre, Colleton Crescent is however hidden away from the busy streets, traffic and shoppers. Thus it enjoys relative peace and quiet, a fine outlook over the charming park opposite and some of the best city views up and down the river and canal. Exeter is the regional capital of the South West and has been inhabited for over 2,000 years. It is possible to see traces of every major period of English history in the architecture. The skyline is dominated by the Cathedral of St Peter and the remains of the Roman city walls are still preserved in places. In the past there were stories about secret underground passages linking the cellars in the crescent to the quay where smugglers could unload their contraband and take it away, avoiding detection by the customs officers. Exeter offers great business and retail opportunities with a modern shopping precinct, major chain stores including John Lewis, speciality boutiques, open air markets, restaurants, cafes and wine bars. There is also a range of quality leisure and sports facilities catering for all ages, including golf, swimming, athletics, rugby and football. The River Exe, canal and quayside provide a perfect waterside area for people to live, work and relax. There is sailing, canoeing, rowing and fishing for the sports minded, whilst the network of waterside pathways enable both cyclists and walkers to enjoy the natural surroundings. Communications are excellent with access to the motorway network via the M5, an expanding international airport and two mainline stations providing services to London Paddington and Waterloo, and Penzance in Cornwall.

Current use
Currently let until Spring 2020 (see tenancy schedule below)Lower ground tenants (Yellow Mouse Studios) until 3rd May 2023 £3750 pa - break clause 4th May 2020 (providing 6 months notice)EAD Ground, first and second floors (EAD) lease expires 27th January 2020 £22,500 paThird floor is a residential flat currently lived in by the owner of the apartment.

Property information from this agent

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Map

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Nearby services within a 3 mile radius

Stations
Schools
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Health

Street view is not available at this location

Floor plans

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Call 01392 976342

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