Property Information
Address:
Bradninch Court, Castle Street, Exeter, Devon
, EX4 3PL
, Devon
, United Kingdom
Price: Property no longer available.
Size: 2702 sq ft251 sqm
Primary Category: Office
All Categories:
Office,
Property Ref/Movehut: MH601710
Property Ref/Agent: Bradninch Court, Castle Street, Exeter, Devon, EX4 3PL
*Please use the agent ref when calling the agent directly.
Property description
Period office building just off High Street
Ground floor office premises
1,260 sq.ft to 2,702 sq.ft (117 to 251 sq.m)
4 allocated parking spaces in secure car park with 7-day a week access
To let: rents from £19,000 p.a. (including parking)
Location
Bradninch Court is a period building situated just off Exeter?s High Street adjacent to Rougemont Castle and close to Rougemont Gardens and the Central Library. The High Street is around 150 metres away, and all city centre amenities are within close proximity.
Description
The available offices comprise two distinct suites, both on the ground floor of Bradninch Court and which are separated by a lobby which is shared by all occupiers in the building.
The offices are currently divided into various rooms but will be opened up and refurbished following the current tenant?s vacation to form largely open-plan suites.
Features of the suites include gas-fired central heating, suspended ceilings with recessed lighting, perimeter trunking and fitted carpets. The suites will be offered in a newly decorated condition.
The suites currently share a kitchen which is accessed off the shared lobby, and also have use of WCs, including disabled, also accessed off the lobby.
Parking: two parking spaces are allocated to each unit in the car park to the rear of the building, i.e. 4 in total. The car park is securely fenced and gated and tenants have use of their allocated spaces 7 days a week.
Accommodation
The suites have the following approximate Net Internal
Areas:
Front suite: 1,260 sq.ft (117.0 sq.m)
Rear suite: 1,343 sq.ft (124.8 sq.m)
Kitchen: 99 sq.ft (9.2 sq.m)
Total: 2,702 sq.ft (251.0 sq.m)
Lease Terms
The suites are offered, either together or separately, by way of a new lease on contributory full repairing and insuring terms.
The initial annual rents are as follows:-
Front suite + 2 parking spaces: £19,000 per annum excl.
Rear suite + 2 parking spaces: £19,000 per annum excl.
Both suites + 4 parking spaces: £37,000 per annum excl.
All other terms by negotiation.
A service charge applies in respect of the Landlord?s management of the building, including central heating, buildings insurance, maintenance of common and external areas, cleaning of common areas and fire alarm testing. The two suites combined pay £3,557.00 plus VAT per quarter on account in the current service charge year.
Parking
4 spaces are allocated, and the cost is included in the rents.
Business Rates
The front unit is assessed as ?offices and premises? with a rateable value of £8,300. The rates payable in the year 2017/18 are understood to be £3,867.80, before any transitional arrangements. The rear unit is not currently assessed for business rates, and the parking spaces are assessed separately.
A change in the property?s use or occupier may trigger a change in the business rates assessment.
VAT
VAT is applicable to the rental and service charge figures quoted above.
Legal Costs
Both parties to bear their own legal costs in the transaction.
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