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Marketed by
1-3 High Street Catherine Street, Exeter, EX1 1QA
Use Class
E
Size
11,990 sq ft
Rent pa
POA
Market Sector
Shopping Centre
Landlord
Frasers Group
Location
Exeter is the largest retail centre in the region of Devon. The city has a thriving student population of 37,000+. Princesshay shopping centre is located in the heart of Exeter, easily accessible by car, bus and train. With a catchment population of approximately 1 million, Princesshay provides 530,000 sq ft of retail and leisure space. The centre attracts wealthy ACORN groups with 66% of visitors being made up from the top 3 most affluent ACORN categories. 1-3 High Street benefits from a wide return frontage on the corner of Exeter’s High Street which leads into Princesshay. The unit is situated in close proximity to Next, Charles Tyrwhitt, Boots and Zara.
Accommodation
11,990 Sq.Ft
The unit provides the following approximate gross internal floor areas
Additional Contacts
Asset Managers
Sovereign Centros
Financial
Lease Type
New Lease
Lease Term
The unit is available by way of a new 10 year lease outside of the Landlord & Tenant Act subject to 5 yearly upward only rent reviews. Alternative lease terms may be available, please call to discuss.
Rent
On application.
Insurance
The estimated annual insurance charge for 2026 is £2,500 pa
Costs
Each party is to be responsible for their own legal costs
Service Charge
The estimated annual service charge for y/e March 2027 is £50,459 pa
Vat
References to price, premium or rent are deemed to be exclusive of value added tax unless expressly stated otherwise and any offer received will be deemed to be exclusive of VAT.
Business Rates
RATEABLE VALUE 2026: £199,000 RATES PAYABLE Y/E MARCH 2027: £8,750 PA Interested parties are advised to make their own rating enquiries with the local authority
Rates
Sustainability
A certificate is available on request.
This Property is Part of a Shopping Centre
Princesshay
Exeter is the largest retail centre in the region of Devon. The city has a thriving student population of 39,000+. Princesshay shopping centre is located in the heart of Exeter, easily accessible by car, bus and train. With a catchment population of approximately 1.7 million, Princesshay provides 530,000 sq ft of retail and leisure space. The centre attracts wealthy ACORN groups with 79% of visitors being made up from the top 4 most affluent ACORN categories.
Disclaimer
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.
All data ©2026 Completely Property Technology Limited