Property Information
Address:
4 Cathedral Close, Exeter, Devon
, EX1 1EZ
, Devon
, United Kingdom
Price: Property no longer available.
Size: 853 sq ft79 sqm
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH587676
Property Ref/Agent: 4 Cathedral Close, Exeter, Devon, EX1 1EZ
*Please use the agent ref when calling the agent directly.
Property description
Location
The property is situated in a prime city centre location overlooking the Cathedral Green and close to Exeter High Street and Princesshay Shopping Centre.
Nearby occupiers include ASK and Cote Brasserie restaurants, Waterstones, Edinburgh Woollen Mill, House of Fraser together with independent boutique traders.
Description
This is a unique opportunity to acquire a lease of Grade II* listed period property within the heart of the city centre in a sought-after position.
The accommodation is arranged over four floors with the ground and first floors dedicated to sales, second floor staff room and office together with third floor storage/stock room. There is an additional basement area which is currently not used.
Accommodation
Gross frontage 17' (5.18m)
Internal width: 15'6" (4.72m)
Main shop depth: 32'9" (10m)
Built depth: 47' (14.3m)
Ground floor sales: 478 sq ft (44.4 sq m)
First floor sales: 405 sq ft (37.62 sq m)
Second floor staffroom: 146 sq ft (13.56 sq m)
Second floor office: 240 sq ft (22.30 sq m)
Third floor stock room: 381 sq ft (35.40 sq m)
Lease Terms
The property is held by way of a 15 year lease on full repairing and insuring terms from 18th June 2004 (expiring 17th June 2019) at a passing rent of £33,500 per annum. The rent is reviewed on a 5 yearly basis.
Rateable Value
Rateable value: £29,750
Rates payable 2017/18: £13,863
VAT
VAT is chargeable to the rent.
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