Office to let in Lustleigh Close, Matford, Exeter EX2

Situation and description

These well located premises are situated on the sought after Matford Business Park on the Edge of Exeter City Centre just off of the main spine road leading through the estate. The premises therefore offer excellent access to the City but also to the A30 / M5 and A38 / A380 trunk roads. Exeter is the capital city and county town of Devon and has firmly established its reputation of being the commercial centre of the South West. The city has a population of approximately 130,000 with a ‘drive to work’ population of some 480,000 within a 45 minute catchment area. The city has two mainline railway stations plus a modern and vibrant shopping area including the Princesshay Retail centre. Exeter airport is approximately 8 miles distant with regular national and international flights

The suite comprises the Ground Floor of Unit 1 together with the First Floor of Units 1 & 2, offering a mix of meeting rooms, interview rooms, offices and staff welfare facilities on the ground floor with 2 large open plan areas on the first floor, which could be further sib divided if required. A large benefit of the space is the 26 allocated car parking spaces in the front courtyard which is a landscaped and paved area with allocated parking for all the offices in the block. The premises would therefore suit a variety of potential occupiers.

Accommodation

Brief details of the accommodation with approximate maximum internal dimensions are as follows:-

Approached from the front Courtyard area with allocated parking via a glazed door into ....

Entrance Lobby 5.22m x 4.56m (17’2” x 14’11”) max
Light and airy space with glazing to the front and side with stairs leading to First Floor. Understairs cupboards. Door to inner lobby and doors to ….

Ladies Toilet
Low level W/C suite and wash hand basin.

Gents / Accessible Toilet
Low level W/C suite and wash hand basin. Shower cubicle with glazed screens and Mira electric shower unit.

Kitchenette
Fitted with a range of wall and base units with stainless steel sink and single drainer inset into worktops. Space for Fridge. Splashback. Extractor fan.

Office / Meeting Room 1 6.31m x 5.09m (20’8” x 16’8”) max
Windows to 2 walls with blinds. Radiators. Suspended ceiling with integrated LED lighting. Carpeted. Trunking with power and data as fitted. Ceiling mounted Air con cassette.

Staff Breakout / Office No 3 8.3m x 6.12m (27’3” x 20’1”) max
Window to one elevation. Carpeted. Radiators. Suspended ceiling with LED lighting and Air con cassette. Perimeter trunking.

Inner Lobby 4.26m x 3.28m (13’11” x 10’9”) max
Useful storage area with doors to …

Office 4 3.45m x 2.53m (11’4” x 8’3”) max
Suspended ceiling with LED lighting. Glazed panel with integrated blind. Radiator. Carpeted. Window to front. Perimeter trunking.

Office 5 3.52m x 2.53m (11’6” x 8’4”) max
Suspended ceiling with LED lighting./ Radiator. Carpeted. Window to front. Perimeter trunking as fitted.

Store 4.48m x 3.23m (14’8” x 10’7”) max
Storage area with racking as fitted. No natural light. LED lighting.

First floor

A staircase from the front Lobby area (allowing for public access to the ground floor but private access to the first floor if required) leads up to a landing with doors to …..

Office No 6 15.21m x 12.51m (49’11” x 41’0”) max
Spacious open plan office with windows to 3 elevations. Blinds as fitted. Suspended ceiling with integrated lighting. Perimeter trunking for power and data. Carpeted.

Server Room 3.2m x 2.47m (10’6” x 8’1”) max
Window with integrated blind. Air con unit.

Kitchen 3.30m x 1.45m (7’6” x 4’9”) max
Fitted with a range of wall and base units with stainless steel sink and single drainer inset into worktops. Space for dishwasher.

Ladies Toilet
Low level W/C suite and wash hand basin.

Gents Toilet
Low level W/C suite and 2 wash hand basins with 2 urinals.

Office No 7 15.21m x 12.36m (49’11” x 40’7”) max
Second spacious open plan office with windows to 2 elevations. Blinds as fitted. Suspended ceiling with integrated lighting. Perimeter trunking for power and data. Carpeted. Central storage cupboard.

Externally

The suite has 26 allocated Car Parking spaces, some directly outside the office and some in a block within the landscaped courtyard area. This represents an excellent car parking ratio.

Rent

£59,500 per annum for these well-located offices with a generous parking allocation. The rent is plus VAT.

Lease

A new effective Fri lease by way of service charge is available until the 31st December 2028. There will not be a rent review during the lease. The lease will be contracted outside of the security of tenure provisions of the Landlord and Tenant Act.

Service charge

The suite is not separately metered so all services including heating, lighting and power are re-charged via the service charge. The service charge for 2023 for this suite is £34,308.28. In addition an estate service charge for landscaping etc is payable of £2,250 per annum.

Business rates

Rateable Value £41,750 (2023 Valuation List)
For further information, or the Rates payable, please contact Exeter City Council Business Rates Department. Services
We understand that mains water, drainage, gas and electricity are available to the premises.

Energy performance certificate

An energy performance certificate has been obtained for the premises. A summary is below with the full version available to download from the web site. The rating is: - D:91

Legal costs

A contribution of £495 plus VAT will be required towards the Landlords legal and administration costs for setting up a new lease.

Viewing

Strictly by prior appointment only with the joint sole agents, either Turner Locker Barnfield Ltd, fao of Mark Turner or Noon Roberts, fao Tony Noon Ref (0761)