The available space comprises the 2nd floor of Emperor House. The building was let in its entirety to LV= on completion in 2017 with the 2nd floor now surplus to requirements. The building is of high specification with a modern fit-out which has seen little use and is therefore in very good condition. Designed with a central core the floor can be split with each wing having shared use of a central kitchen and breakout area.
Location
The building is located on the popular Exeter Business Park, just off Junction 29 of the M5. It sits amongst the newer buildings on the development. The estate is served by Honiton Road Park and Ride along with multiple bus stops along Honiton Road and Ambassador Drive. Pinhoe train station is within walking distance and Exeter Airport is only 2.5 miles away via the A30. Immediately to the rear of the building is the E3 cycle route linking East Devon to Exeter City Centre.
Accommodation
7,707 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 Exeter City Council. Tel: 01392 277888 or https://exeter.gov.uk/
Business Rates 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 A (12) and the full certificate can be provided on request. This makes Emperor House one of the most efficient buildings on the market.
Code for Leasing For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate Code for Leasing 2020
VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the rent/purchase price. We recommend that the prospective tenants/purchasers establish the VAT implications before entering into any agreement.
AML A successful tenant/purchaser will be required to provide relevant information to satisfy the AML requirements when Heads of Terms are agreed.
Lease Terms The property is available by way of sub lease expiring no later than 31st July 2027 at a passing rent of £18.75 per sq ft. It will be contracted out of the Security of Tenure provisions of the Landlord and Tenant Act 1954 Part II.
Services We are advised that all main services are connected to the premises and confirm that we have not tested any of the service installations and any occupier must satisfy themselves independently as to the state and condition of such items.
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.
Specification
- Air Conditioning
- Onsite parking
- LED lighting