Specifications
Summary
Description
The property consists of a ground floor retail outlet with 3/4 glazed main frontage plus additional basement area including small kitchenette and welfare facilities. The shop also benefits from an external electric metal roller shutter / grille.
At the rear of the property, accessed via a pedestrian passageway is a communal courtyard area with access to an allocated external flat roof storage shed.
Location
Situated on the popular and well-established Magdalen Road in Exeter, this ground floor commercial premises offers an excellent opportunity to secure space in a vibrant and thriving local retail parade. The property benefits from strong footfall, prominent frontage, and a diverse surrounding mix of independent retailers, cafés, and service-based businesses, making it ideal for a range of commercial uses (subject to any necessary consents).
The accommodation provides a versatile open-plan layout at ground floor level, suitable for retail, office, or showroom purposes, with good natural light and easy customer access. Located within close proximity to Exeter city centre and well-connected to local transport links, 57 Magdalen Road presents an attractive option for businesses seeking a visible and accessible trading position in a sought-after area.
Free one-hour parking is available in several spaces across the road, making it perfect for shoppers.
Accommodation
All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a net internal basis.
Ground floor shop : 513 sq ft (47.66 sq m)
Basement storage: 322 sq ft (29.94 sq m)
Total : 835 sq ft (77.60 sq m)
Service Charge
A service charge is levied for the upkeep and maintenance of the communal areas. 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 £16,500, therefore making the approximate Rates Payable £6,303 per annum for 2026/27.
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
In the event of a letting the Landlord will undertake appropriate works to ensure the property complies with Minimum Energy Efficiency Standard (MEES) Regulations prior to the lease completing.
Legal Fees
Each party to be responsible for their own legal fees in relation to this transaction.
VAT
All figures quoted are exclusive of VAT if applicable.