Retail Unit To Let
Summary
- Exeter has a primary retail catchment population of approximately 427,000 people.
- The city is home to the prestigious Exeter University, the unit sits in close proximity to Exeter Cathedral which helps bring c. 2m tourist visits to the city each year.
- The premises are located in a prime position on Exeter High Street between Typo and Caffe Nero and immediately opposite Princesshay Shopping Centre and H&M.
- Other nearby retailers include JD Sports, Russell & Bromley, Vision Express, O2, Lloyds Bank, Clarks, Urban Outfitters and The White Company.
- Available by way of a new effectively full repairing and insuring lease on terms to be agreed, subject to vacant possession.
Accommodation
The unit comprises a ground floor sales area with ancillary accommodation at basement level. The premises provide the following approximate net internal floor areas:
| Description | sq ft | sq m |
| Ground Floor - Sales | 1,110 | 103.12 |
| Basement - Ancillary | 928 | 86.21 |
| Total | 2,038 | 189.33 |
Location
The premises occupy a prominent position on prime High Street and is situated between Typo and Caffé Nero.
Get directions from Google Maps
Mainline Stations
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Exeter Central4 mins
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St James Park (Exeter)11 mins
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Exeter St Thomas13 mins
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Exeter St David's13 mins
Underground Station
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Reading2356 mins
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Twyford2448 mins
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Maidenhead2578 mins
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Taplow2612 mins
Further Information
Rent £87,500 per annum
Rates Payable £43,134 per annum A tenant may qualify for a 75% discount from the Rates Payable through the Retail, Hospitality and Leisure Relief Scheme. Interested parties should contact the local rating authority to confirm their likely liability.
EPC Rating This property has been graded as D (85)
Viewings
Strictly by prior arrangement with the appointed letting agents.
Terms
The premises are available on a new effectively full repairing and insuring lease, for a term of years to be agreed, subject to upward only rent reviews at the expiry of each 5th year of the term.
Rent
£87,500 pax
EPC
D (85)
Costs
Each party to be responsible for their own legal and professional costs incurred in this transaction.
Service Charge
The current service charge for the current budget year is £TBC
Gallery
