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Savills UK & Ireland

Savills UK & Ireland

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38-40

Chapel Street
Exmouth, EX8 1HW

Use Class E

4,057 sq ft

£57,500

Use Class

E

Size

4,057 sq ft

Rent pa

£57,500

Marketed by Savills UK & Ireland

Last updated 07/06/2021
38-40
SHOP TO LET.

Key Points

  • The property occupies a prominent location on prime, pedestrianised, Chapel Street, close to the junction of Exeter Road and The Parade.
  • The premises are positioned adjacent to Costa and Mountain Warehouse, opposite Boots and Vodafone, and close to WH Smith, Superdrug and Café Nero.
  • Recent lettings in the town include Saltrock.
The property is currently arranged to provide ground sales with first floor ancillary.
Exmouth is a popular seaside town in south Devon, located approximately 12 miles south west of Exeter. The resident population of over 48,000 is boosted by significant tourist numbers each year and, with miles of sandy beaches, is becoming a destination for water sports enthusiasts and a gateway to the Jurassic Coast.

Viewing

Strictly by appointment.

Accommodation

Accommodation details below:

Areas

sq ftsq m
Ground Floor2,059191
First Floor1,998185

Financial

Lease Type

New Lease

Lease Term

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

Rates

The government has introduced a transitional phasing system which phases in increases/decreases in Business Rates. Interested parties are advised to make enquiries with the Local Authority to confirm their likely Business Rates liability.

Rateable Year:2021
Rateable Value:£71,000.00
Rates Payable:£36,352.00
UBR:51.2p/£

Costs

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

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.

Last Updated

07/06/2021

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.

All data ©2021 Completely Property Technology Limited

Savills UK & Ireland

Savills UK & Ireland

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