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240 High Street High Street, Exeter, EX4 3NZ

This Property is Currently 'Under Offer'
240, Exeter - Picture 2021-04-19-16-53-42
Use Class

Use Class

E

Size

Size

3,015 sq ft

Rent pa

Rent pa

£87,500

PRIME SHOP TO LET.

The premises are located in a prime position on Exeter High Street immediately opposite Princesshay Shopping Centre and H&M and adjacent to 02 and Shuropody.

  • The unit comprises a ground floor sales area with ancillary accommodation at basement and first floor level.

  • Other nearby retailers include JD Sports, Russell & Bromley, Vision Express, Urban Outfitters and The White Company.

  • The historic university and cathedral city of Exeter in the county of Devon. The city has a primary retail catchment population of approximately 427,000 people.

Key Information

Viewing

Strictly by appointment.

Accommodation

3,015 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor Sales Area
1,185
110
Basement Ancillary
1,066
99
First Floor Ancillary
764
71

Financial

Lease Type

New Lease

Lease Term

The premises are available by way of a new effectively full repairing and insuring lease by way of a service charge on terms to be agreed subject to upward only rent reviews at the end of each fifth year.

Rent

Subject to contract, rental offers are invited in the region of £87500 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

Interested parties are advised to make their own enquiries with the Local Authority to confirm their likely Rating liability.

Costs

Each party to be responsible for their own legal and professional costs incurred in this transaction.

Service charge

The current service charge for the financial year is £1,630 per annum.

Rates

Rateable Year:
2021
Rateable Value:
£145,000.00
Rates payable:
£74,240.00
UBR:
51.2p/£

Sustainability

Energy Performance Certificate

D
Note: An accurate EPC value wasn't given for this property, please check with the relevant agent or owner for up-to-date information.

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 08/08/2023