Specifications
Summary
Description
No 23 is an attractive Georgian mid-terraced Grade II listed office building.
The Second Floor front offices are available. There is a shared welfare facility within the building and a kitchenette located on the 2nd Floor for communal use of the tenants of the 2nd & 3rd Floors.
The building is set back from public gardens offering a tranquil recreational area.
Location
Southernhay is Exeter's primary city centre office district providing a professional environment with a firmly established tenant mix and easy access to the excellent amenities provided in the Princesshay Shopping complex.
A major John Lewis store is within a few minutes walk as is the historic cathedral.
No 23 is located in an extremely prominent location where Southernhay intersects with Bedford Street which leads into the main shopping centre.
Accommodation
All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition).
Second floor (front) office 350 sq ft / 32.53 sq m
Service Charge
A service charge is levied for the upkeep of services, repairs and maintenance of common areas and the exterior of the building.
The Tenant is also responsible for a fair proportion of insurance costs.
Both service charge & insurance costs subject to annual review and reconciliation. Please enquire for further information.
Business Rates
From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value is £4,250. Therefore making the approximate Rates Payable £2,120.75 per annum for 2023/24.
Tenants may be eligible for Small Business Rates Relief if this is the only property they occupy and/or any other properties they occupy have a rateable value of less than £2,900 each.
Interested parties are advised to confirm the rating liability with Exeter City Council.
Services
We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.
EPC / MEES
D (80)
Legal Fees
Each party to be responsible for their own legal fees in relation to this transaction.
VAT
The property has been elected for VAT and therefore VAT will be charged on the rent. and service charge.