Property Information
Address:
Summerland Street, Exeter, Devon
, EX1 2AT
, Devon
, United Kingdom
Price: Property no longer available.
Size: 4486 sq ft416 sqm
Primary Category: Leisure
All Categories:
Leisure, Healthcare,
Property Ref/Movehut: MH596290
Property Ref/Agent: Summerland Street, Exeter, Devon, EX1 2AT
*Please use the agent ref when calling the agent directly.
Property description
Location
The property is situated in a prominent and highly visible corner position on the corner of Summerland Street and Bampfylde Street, close to Exeter Bus Station and Sidwell Street (a busy retail parade and bus interchange).
Summerland Street and the surrounding area is an established commercial location and over more recent years has seen extensive development for both student and private residential accommodation. There are numerous parking options in the vicinity, both short? and long-stay.
Description
The available property is a substantial office (most recently used for training purposes), partly on ground floor level and extending over the retail unit on the corner. It has a glazed doorway and frontage onto Summerland Street, plus secondary access from Bampfylde Street.
The premises are structurally open-plan but have been partitioned by the latest occupier to form various offices and training rooms, which can be retained or removed to suit the incoming occupier?s needs. The suite also has WC and kitchen facilities on both floors.
The suite has gas-fired central heating, air conditioning to part, suspended ceilings (first floor only) and wall-mounted power and data cabling. It has ample natural light via large windows to the two front elevations as well as some windows to the rear.
The property can be re-carpeted and decorated (and partitioning removed) to suit the incoming occupier?s preferences.
Accommodation
The unit has an approximate Net Internal Area of 4,487 sq.ft (416.8 sq.m).
It is also possible to offer the accommodation in parts, in which case units from circa 1,100 sq.ft (102.2 sq.m) can be made available, each with their own kitchen and WC facilities.
Planning
The premises were most recently used for training purposes, and have planning consent for uses falling within Use Class D1 (including training/education, medical/health, religious uses). Previously the unit was in office use.
Other uses may require planning consent and/or freeholder?s consent for change of use. Planning advice is available from Exeter City Council?s Planning Department on 01392 277888.
Under Permitted Development rights, part of the property may be changed to various uses including retail, cafe or offices, without needing planning consent, subject to certain conditions. Please ask the Agents for details.
Lease Terms
Offered as a whole by way of a new lease for a term expiring no later than November 2022, on contributory full repairing and insuring terms, at an initial rent of £35,000 per annum exclusive, payable quarterly in advance.
Alternatively, offered in parts on terms to be agreed.
Business Rates
The unit is currently subject to two assessments with a combined rateable value in the 2017 rating list of £29,500.
Rates payable in the year 2017/18 are understood to be £13,747.00 before any transitional arrangements.
Service Charge & Buildings Insurance
A service charge applies, and details are available on request.
VAT
VAT is not applicable to the rental and service charge figures quoted above.
Broadband/connectivity
A report detailing the broadband services available to this property, and the relative speeds they may offer, is available on request.
Energy Performance Certificate
To be assessed.
Legal Costs
Both parties to bear their own legal costs in the transaction.
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