Property Information
Address:
33-35 Southernhay East, Exeter, Devon
, EX1 1NX
, Devon
, United Kingdom
Price: Property no longer available.
Size: 1387 sq ft128 sqm
Primary Category: Office
All Categories:
Office,
Property Ref/Movehut: MH596293
Property Ref/Agent: 33-35 Southernhay East, Exeter, Devon, EX1 1NX
*Please use the agent ref when calling the agent directly.
Property description
Location
The property is located within the heart of the Central Business District, a short distance from the principal shopping areas of Princesshay and High Street and the cafes and restaurants of Bedford Square and Cathedral Green.
Southernhay is the city?s prime central office location, comprising terraced Georgian buildings on either side of mature gardens. Occupiers include accountants, solicitors and surveyors, as well as three hotels, wine bar and restaurant.
The offices are well positioned for access to all the many large public car parks within the vicinity of Southernhay and on-street car parking is available to the front of the office.
Description
33-35 Southernhay East comprises three Georgian terraced buildings which have been joined and modernised.
The second floor offices comprise four well-proportioned individual rooms with a pleasant outlook over Southernhay Gardens. The offices are accessed via stairs or a lift and were refurbished some 18 months ago to include redecoration and re-carpeting.
Accommodation
The accommodation provides the approximate net floor area as follows:
1,387 sq ft /129 sq m
Lease Terms
The property is available by way of an assignment of a lease for a term of 5 years from 5th June 2017 (expiring 4th June 2022). The lease is held on an effectively full repairing and insuring basis subject to a service charge.
Rent
The passing rent is £12,500 per annum, payable quarterly in advance plus VAT.
Service Charge
The service charge for the current year is budgeted to be £7,100 plus VAT, which includes building insurance, gas central heating, cleaning of common parts including windows, water rates etc.
Rates
Rateable value: £14,000
Rates payable 2017/18: £6,524
Small Business Rates Relief may be available and prospective tenants are recommended to make contact with the Business Rates Department of Exeter City Council. Tel: (01392) 277888.
VAT
VAT is applicable to the rent and service charge.
Legal Costs
Each party are responsible for their own legal costs incurred in this transaction.
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