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Unit SU38 Bedford Street, Exeter, EX1 1EU

Use Class

Use Class

E(a)

Rent pa

Rent pa

POA

Market Sector

Market Sector

Shopping Centre

Location

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 of retail and leisure space.

Key Information

Viewing

For viewing/ further information please contact the appointed Agents.

Accommodation

Dimensions
Feet
Metres
Internal Width
52.07
15.9
Areas
Sq.Ft
Sq.M
Ground Floor Area
1,580
146
First Floor Area
1,116
103

Financial

Lease Type

New Lease

Lease Term

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

Rent

Rental offers are sought in the region of £45,000 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 Preferences 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.

Service Charge

The estimated annual service charge is TBC.

Tenure

Leasehold

Rates

Rateable Year:
2017
Rateable Value:
£76,500.00

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.

LM Real Estate

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.

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