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Unit SU49 Bedford Street, Exeter, EX1 1QA
Agents
Lunson Mitchenall
Hayley Gisborne
Emma Charlesworth
Distrkt
Henry Wilson
Asset Managers
The Crown Estate
Katherine Armstead
Will Hodge
Owner
Nuveen Real Estate
The Crown Estate
Will Hodge
Katherine Armstead
Use Class
E
Size
1,320 sq ft
Rent pa
£90,000
Description
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. SU49 is adjacent to Costa and Yo! Sushi. Nearby retailers include Molton Brown, Pandora and Oliver Bonas.
Key Information
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
1,320 Sq.Ft
The unit provides the following approximate dimensions and net internal floor areas
Financial
Lease Type
New Lease
Lease Term
The unit is available by way of a new lease outside of the Landlord & Tenant Act.
Rent
£90,000 per annum exclusive of service charge, insurance, rates and 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 £11,956.77 pa.
Business Rates
Rateable Value 2023: £77,500 Interested parties are advised to make their own enquiries with the Local Authority.
Rates
Sustainability
EPC Available on request.
This unit is part of Princesshay
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