The Crown Estate

Unit LS8, Princesshay

Catherine Street

Exeter, EX1 1QA

Use Class E

646 sq ft

POA

Use Class

Size

646 sq ft

Rent pa

POA

Marketed by Lunson Mitchenall, Shelley Sandzer,

Last updated 15/05/2020

Immediate available.

The unit is located in on Roman Walk in close proximity to Debenhams, Crew Neals Yard and Caluccios.

Exeter is the largest retail centre in the region of Devon and offers three of the UK's most successful department stores.

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, Princeshay provides 530,000 sq ft of retail and leisure space.

Tenure

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

Viewing

Viewing/ further information to be arranged through the appointed agents.

Financial

Lease Type

New Lease

Lease Term

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 £32,500 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.

Rateable Year:	2010
Rateable Value:	£28,000.00
Rates Payable:	--
UBR:	--
Rateable Year:	2017
Rateable Value:	£27,750.00
Rates Payable:	--
UBR:	--

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 and any offer received will be deemed to be exclusive of VAT.

Service Charge

The estimated annual service charge is £4,825 per annum.

Sustainability

Energy Performance Certificate Information

A certificate is available on request.

Last Updated

15/05/2020

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.