Initial price	£180,000
24/10/25	£170,000
Price Change	-5.56%

This ground floor retail property is situated just moments from Sidmouth High Street and is currently occupied by a successful independent business, Flutterby's, which has a lease agreement in place until March 2028 with an option to renew. The property is let at £10,920 per annum, which is set to increase to £11,700 from March 2026, providing a return of 6.5% per annum. The purchase also includes the freehold of The Gables, East Street, which is held on a 999-year lease. The property benefits from planning consent for A1 retail use and is eligible for business rate relief due to its ratable value of £9,700. Outgoings include buildings insurance and a 25% share of common area maintenance costs.