Capital Court is an office campus comprising four detached offices and was developed in 2008.
Building 2 most recently operated as a serviced office business centre, and is capable of occupation either as a whole or as separate ground and first floor suites. The suites have shared access via a spacious entrance lobby, and are otherwise self-contained with their own kitchens and WC facilities including disabled.
The building has 36 allocated spaces including disabled bays.
Location
Capital Court is situated on a popular business park, on the eastern edge of the city of Exeter, just off Junction 29 of the M5 motorway (Exeter North). It offers unrivalled access to the M5 and A30, as well as public transport access to the City Centre, around 3 miles away, via the Park & Ride service which runs from a terminus, located 200 metres from Capital Court. The Sowton Estate is also served by the Digby & Sowton railway station which offers connections to destinations in Exeter, East Devon and London.
Accommodation
12,174 sq ft net approx
Terms
Planning We are verbally advised that the accommodation has planning consent for office use but any occupier should make their own enquiries to the Planning Department of Tel: 01392 277888 or Planning Exeter City Council. services - Exeter City Council. Alternative uses within Use Class E may be possible, subject to your own enquiries with the Local Authority.
Business Rates From informal enquiries on the Valuation Office website we understand the property to have the following rateable value: £115,000 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 The EPC Rating is C 71 and the full certificate can be provided on request. Code for Leasing For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate Code for Leasing 2020
AML A successful tenant/purchaser will be required to provide relevant information to satisfy the AML requirements when Heads of Terms are agreed. Tenancies None. Both the Ground and First floors are vacant.
Purchase Price The property is offered for sale for £1,825,000 exclusive of VAT.
Quoting Lease Terms The Vendor may consider letting the property, subject to agreement on lease terms.
Prospective tenants should contact the marketing agents to discuss terms.
Legal Costs Each party is to be responsible for their own legal costs.
VAT Under the Finance Acts 1989 and 1997, VAT is applicable to the property. We recommend that the prospective purchasers establish the VAT implications before entering into any agreement.
Specification
• Powder-coated aluminum framed, double glazed windows
• Suspended ceilings with recessed lighting;
• Carpet-covered, 150mm raised flooring with ample power and data cabling via recessed floor boxes;
• VRV air conditioning to all areas, providing both heating and comfort cooling;
• Passenger lift between floors
• Male, female and disabled WCs on both floors
• Existing 1GB full fibre internet to the premises, by SW Comms.