Property Information
Address:
16 Gandy Street, Exeter, Devon
, EX4 3LS
, Devon
, United Kingdom
Price: Property no longer available.
Size: 1109 sq ft103 sqm
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH601715
Property Ref/Agent: 16 Gandy Street, Exeter, Devon, EX4 3LS
*Please use the agent ref when calling the agent directly.
Property description
Ground floor shop
Popular trading position close to the High Street and Princesshay Shopping Centre
1,104 sq ft / 103 sq m
New lease available
To let: £32,500 p.a.(plus VAT)
Location
The property is situated in a central position within the heart of the established and popular area of Gandy Street close to the High Street, Princesshay and Guildhall Shopping Centres and the new Queen Street Dining quarter.
The Royal Albert Memorial Museum, Phoenix Art Centre, Central Railway Station and various pay and display car parks are all within easy walking distance.
Gandy Street is established for both independent and multiple retailers and restaurants being busy throughout the day and early evening with occupiers including Bang & Oulfsen, Jo Jo Mama Bebe, Coco, Zizzi?s restaurant, Seasalt, Moko, Bills restaurant and Hatts Wine Bar.
Description
The property comprises a ground floor lock up shop which provides split level sales extending to approximately 1,104 sq ft. Additional first and second floor storage areas are accessed via a step ladder.
Accommodation
The property comprises the following approximate net internal floor areas:-
Gross frontage: 20?6? / 6.42m
Net frontage: 17? / 5.18m
Build depth: 56?6? / 17.22m
Net ground floor sales: 888 sq ft / 82.49 sq m
Mezzanine sales area: 216 sq ft / 20.7 sq m
Total sales area: 1,104 sq ft / 102.56 sq m
First and second floor
Storage (limited access) 757 sq ft / 70.33 sq m
Lease Terms
The property is available by way of a new lease for a term to be agreed on an effectively full repairing and insuring basis.
The lease to be contracted outside the security of tenure provisions of the Landlord & Tenant Act 1954.
A Schedule of Condition will be provided for the first and second floor to be kept in a no better, no worse condition.
Rent
£32,500 per annum, plus VAT.
Rent Deposit
A rent deposit may be required subject to the tenants status.
Business Rates
We are informed by the Valuation Office web site of the following assessment:-
Rateable value: £21,000
Rates payable 2017/2018: £9,786
VAT
VAT is applicable to the rental figures quoted above.
Legal Costs
Each party to be responsible for their own legal costs incurred in the transaction
Energy Performance Certificate (EPC)
An EPC is available for this property and the rating is: E /102.
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