7-11 North Street, Exeter, EX4 3QS

Offered at online auction, this freehold city-centre property comprises four buildings arranged as ground-floor shops with ancillary accommodation above. The upper parts and two vacant retail units are available with vacant possession, while Shop 11 is let on an IRI lease to 11 March 2030 at £28,000 per annum. The site extends to approximately 0.15 acres and includes courtyard space. Planning permission was granted by Exeter City Council in March 2025 for an additional storey and the conversion and internal alteration of the first, second and third floors to create 19 flats. The approved residential scheme has a stated net internal area of approximately 14,539 sq ft, alongside about 3,336 sq ft across the three commercial units. Planning documents are available for inspection. The listing also mentions a possible fifth-floor penthouse, subject to further planning and statutory approvals, and makes no assurance that consent would be granted. The property occupies a prominent position on North Street, close to High Street, Cathedral Yard and the Guildhall Shopping Centre. The auction particulars note a buyer's fee and that further seller fees may apply under the special conditions of sale.