Unit SU35 Princess Street, Exeter, SU35

£ 25,000 pa / 792 sq ft
Use Class

Use Class

E

Size

Size

792 sq ft

Rent pa

Rent pa

£25,000

Description

New lease available

Exeter is the largest retail centre in the region of Devon. The city has a thriving student population of 28,000.

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. The centre attracts wealthy ACORN groups with 74% of visitors being made up from the top 3 most affluent ACORN categories.

SU35 is located on Paris Street in close proximity to Zara, Next and the bus station.

Key Information

Viewing

For viewing/ further information please contact the appointed Agents.

Legal

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

Further Infomation

Terms and 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

792 Sq.Ft

The unit provides the following approximate dimensions and net internal floor areas.

Dimensions
Feet
Metres
Internal Width
47.3
14.4
Areas
Sq.Ft
Sq.M
Ground Floor
792
74

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

£25,000 pa exclusive of all other outgoings.

Costs

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

Service charge

The estimated annual service charge for 2023/24 is £7,814.50 pa.

Tenure

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

Rates

Rateable Year:
2023
Rateable Value:
£33,250.00

Sustainability

A certificate is available on request.

This unit is part of Princesshay

Featured

Princesshay

Home to more than 60 of the nation’s best-loved brands, Princesshay Shopping Centre boasts 2.9 million in visitor spending. With Exeter Cathedral providing a stunning backdrop, Princesshay offers visitors an exciting mix of boutique, specialist and big-brand retailers, from Apple, Levi’s, Oliver Bonas, Lush and Inside Out to Superdry and Zara. An appealing and eclectic mix of restaurants and cafés, including Chandos Deli, Nando’s, Wagamama and Yo! Sushi, encourages extended dwell time, attracting people who are looking to make more of their shopping experience by enjoying food and drink as part of their visit. Lunson Mitchenall are the agent for Retail enquiries and Distrkt are the agents for Food & Beverage enquiries. Please email Hayley and Emma for retail enquiries, hayleyg@lunson-mitchenall.co.uk and emmac@lunson-mitchenall.co.uk And Henry for Food and Beverage enquiries, henry@distrkt.uk.

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 ©2024 Completely Property Technology Limited

This was last updated on 17/04/2024