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Unit SU12 Bedford Street, Exeter, EX1 1EU

£ 215,000 pa
Use Class

Use Class

E

Rent pa

Rent pa

£215,000

The unit situated over 3 floors, is located in a prime location in close proximity to Apple, Joules, Superdy and Fat Face.

Exeter is the largest retail centre in the region of Devon and offers three of the UK's most successful department stores. The city has a thriving student population of 28,000. Princesshay shopping centre is located in the heart of Exeter, easily accessible by car, bus and train. With a catchment population of over 1 million, Princesshay provides 530,000 sq ft if retail and leisure space.

Key Information

Viewing

Subject to Vacant Possession. Staff are unaware of the potential disposal, any viewings to be arranged through the agents.

Accommodation

Dimensions
Feet
Metres
Internal Width
23.1
7.04
Areas
Sq.Ft
Sq.M
Ground Floor Area
1,880
174
First Floor Area
139
12.9
Second Floor Area
1,047
97.3

Financial

Lease Type

New Lease

Lease Term

The unit is available by way of a new 10 year leas and subject to five yearly upward only rent reviews. The lease will include provisions for a service charge, making it effectively full and repairing and insuring.

Rent

Rental offers are sought in the region of £215,000 per annum exclusive of service charge, insurance, rates and VAT, payable quarterly in advance.

Rates

Interested parties are advised to verify the current rates payable with the Local Authority.

Costs

Each party is to be responsible for their own legal costs. VAT References to price, premium or rent are deemed to be exclusive of value added tax unless expressly stated otherwise ad any offer received will be deemed to be exclusive of VAT.

Service charge

The estimated annual service charge is £13,526.99 per annum.

Tenure

Leasehold - The unit is available by way of a new 10 year lease and subject to five yearly upward only rent reviews.

Rates

Rateable Year:
2017
Rateable Value:
£161,000.00

Sustainability

A certificate is available on request.

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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This was last updated on 30/01/2024