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Unit MSU1a Catherine Street, Exeter, EX1 1QA

Use Class

Use Class

E

Size

Size

18,312 sq ft

Rent pa

Rent pa

POA

Market Sector

Market Sector

Shopping Centre

Description

Available immediately

Exeter is one of the most vibrant, attractive cities in the UK – with a thriving student population of 28,000 and over 2.5m tourists visits per year.

Princesshay is the premier retail and leisure destination in the South West - located in the heart of Exeter, it is 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, attracting wealthy ACORN groups with 74% of visitors being made up from the top 3 most affluent ACORN categories.

MSU1A is adjacent to Zara, and close to New Look, Fat Face, and Crew Clothing

Key Information

Further Infomation

Available Space

This unit can potentially be reduced in size or split to accommodate requirements.

Terms & Conditions

Lunson Mitchenall are obliged to verify the identity of proposed purchasers / tenants once a sale / letting has been agreed. An AML form will need to be completed by proposed purchasers / tenants once Heads of Terms have been agreed.

Accommodation

18,312 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor
6,082
565
First Floor
7,119
661.4
Second Floor
5,111
474.8

Financial

Rent

Upon application.

Costs

Each party is to be responsible for their own legal costs.

Service Charge

The estimated annual service charge for 2023/24 is 152,047.83 pa.

Tenure Detail

Available on the basis of a new lease outside of the Landlord & Tenant Act.

Terms & Conditions

Lunson Mitchenall are obliged to verify the identity of proposed purchasers / tenants once a sale / letting has been agreed. An AML form will need to be completed by proposed purchasers / tenants once Heads of Terms have been agreed.

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 2023: £310,000 Interested parties are advised to make their own enquiries with the Local Authority.

Rates

Rateable Year:
2023
Rateable Value:
£310,000.00

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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