The property comprises a ground floor industrial unit/ trade counter. Internally, the property currently benefits from a separate customer sales area, with views though to the open plan storage space to the rear. The space also benefits from a separate kitchenette, and W/Cs
Location
Centurion Mill benefits from one of the highest profile locations in Sowton, sitting on the corner of Kestrel Way and Moor Lane, just off junction 30 of the M5. It has excellent road links being only 0.3 miles from Junction 30, M5 and 1.0 mile from Junction 29, M5. The route to Junction 29 also takes you to the bottom of the A30, providing easy access for all types of vehicles directly off the motorway network. Public transport links include Digby and Sowton Station which is a 0.6-mile drive, or a 12-minute walk from the building. There are also bus routes running down Moor Lane and through Sowton at peak times
Accommodation
2,500 sq. ft gross approx.
Terms
Planning We are verbally advised that the accommodation has planning consent for retail and light industrial use, but any occupier should make their own enquiries to the Planning Department of Exeter City Council. Tel: 01392 277 888 or https ://Exeter.gov.uk/
Business Rates The current rateable value for the property (April 2023 – present) is £27,250. Interested parties should make their own enquiries to Exeter City Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment. www .voa.gov.uk.
Energy Performance Certificate An EPC has been commissioned and will be available for inspection.
Code for Leasing For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate Code for Leasing 2020.
Lease Terms The property is available on a new full repairing lease with terms to be negotiated.
Rent The property is offered to let for £31,250 per annum exclusive of VAT.
Legal Costs Each party is to be responsible for their own legal costs.
References/Rental Deposits Financial and accountancy references may be sought from any prospective tenant prior to agreement.
Prospective tenants may be required to provide a rental deposit subject to the landlord’s discretion.
VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the rent. We recommend that the prospective tenants/purchasers establish the VAT implications before entering into any agreement.
AML A successful tenant will be required to provide relevant information to satisfy AML requirements when Heads of Terms are agreed
Specification
- Fully accessible raised floors
- Suspended ceilings
- Comfort cooling
- On-site parking