This modern office suite has an open plan layout together with a boardroom (measuring 4.64m x 3.55m), a small server room and a good sized kitchen / staff room.
Location
The accommodation is superbly located at Junction 30 of the M5 and forms the Gateway to Exeter’s City Centre (3 miles distant). The development has the benefit of easy access and parking for those travelling by car and the additional advantage of the Exeter Park & Ride scheme immediately adjacent. Digby & Sowton railway station is also close by and only a five minute walk away
Accommodation
1,611 sq ft net approx
Terms
Services We are advised that all main services are connected to the premises. We 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.
Planning We are verbally advised that the accommodation has planning consent for office, healthcare and other such uses within Class E, however any occupier should make their own enquiries to the Planning Department of Exeter City Council. Tel: 01392 380088 or https://exeter.gov.uk/planning-services/ 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. According to the Valuation Office Agency website, the property has the following assessment: Rateable Value: £21,750 Rates Payable for 2023 / 2024: £10,853.25
Energy Performance Certificate The EPC Rating is C56 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 Planning | Rates | EPC | Terms
Lease/Tenure/Terms The office is available on an assignment or sub-letting of the existing Full Repairing and Insuring lease which expires on 17th September 2023. Alternatively, a new lease could be subject to agreement. Quoting Rent Year 1: £10,069 (plus VAT) Years 2-5: £20,138 per annum (plus VAT) and fixed for the remainder of the lease. Service Charge These details are available from the Agents on request.
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/purchase price. 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 the AML requirements when Heads of Terms are agreed.
Specification
• Suspended ceiling with LED lighting
• Double glazed windows and blinds
• Excellent kitchen and staff room, extending to approximately 6m x 2.7m
• Perimeter trunking throughout the office
• Newly decorated and carpeted
• Spacious communal areas with WC facilities
• Eight person passenger lift to upper floors
• Block pavior courtyard and landscaped parking areas