Office to let in Venny Bridge, Exeter EX4

Situation and description

The premises are located within Kingfisher Court, a development of Industrial and office units constructed in the late 1980’s. Pinhoe is to the East of the City, within easy access of the City centre and the M5 motorway (junction 29). The estate has a varied mix of users including industrial, warehousing, trade counter and office, with these premises suiting an office or possible showroom use.

Exeter benefits from ease of access to all main trunk roads including the M5 motorway (junctions 29,30 and 31) and the A38/A380 to Plymouth and Torbay and the A30/A303 dual carriageways to Cornwall and London. Exeter St David’s is the main line railway station on the London (Paddington) line and is within walking distance of the central shopping area, with Exeter airport approximately 4 miles distant offering National and International flights.

Accommodation

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

Approached from the courtyard parking area with doors to ….

Ground floor

Reception 4.37m x 2.31m (14’4” x 7’7”) max
Accessed from the car parking area by a pair of glazed doors with adjoining glazed side panel making this light and airy space. Suspended ceiling with integrated spot lighting. Carpeted. Power as fitted. Electric wall mounted heater. Doors to ….

Office No 1 4.36m x 2.45m (15’3” x 8’0”) max
Large window to the front offering good natural light. Vinyl flooring. Suspended ceiling with spot lighting as fitted. Ample power. Electric wall mounter heater.

Store Room / Office 2.41m x 1.93m (7’10” x 6’4”) max
Laminate flooring. Electric wall mounted heater. Suspended ceiling with integrated lighting.

Toilet
Cloakroom comprising low level W/C suite with wash hand basin and over sink electric water heater. Part tiled walls.

Kitchen /Staff Room 2.71m x 2.30m (8’10” x 7’6”) max
Spacious Office / Staff Room with a Kitchen area with stainless steel sink unit inset into worktops. Cupboards below. Electric water heater over. Tiled walls. Space for under worktop fridge.

First floor

Stairs from the ground floor reception area a staircase leads up to the First Floor and ….
Office No 2 9.10m x 4.84m (29’10” x 15’10”) max
Open plan office area with windows to the front and rear elevations making this very light and airy space. Suspended ceiling with integrated spot lighting and power points as fitted. Electric wall mounted heaters. Part carpeted and part vinyl flooring.

Externally

The premises benefit from 2 reserved and allocated car parking spaces in the shared courtyard.

VAT

VAT is not currently payable on the annual rent or sale price.

Energy performance certificate

An EPC (Energy Performance Certificate) has been obtained, a summary of which is shown below. The full version is available to download from our web site. The rating is: - E 113

Tenure and price

The premises are available either on a new 6 year lease at a rent of £8,250 pax, with a rent review and tenant only break clause at the end of the third year.

The landlord will be responsible for the external repairs and decorations with the tenant only therefore responsible for the internal repairs and decorations. The lease will be contracted outside of the security of tenure provisions of the Landlord and Tenant Act 1954.

The tenants will be required to reimburse the Landlord for the Buildings insurance premium of approx. £300 pa. A 3 months rent deposit will be required.

Alternatively, the premises are available for sale at a price of £119,500 for the remainder of the 999 year Lease from the 1st January 1989. Full details are available on request.

Rates

Rateable Value: - £8,600 (2023 Valuation List)

We are advised that qualifying businesses will benefit from a rate reduction of up to 100% under the Small Business Rate Relief scheme. To see if you or these premises qualify for this discount please contact Exeter City Council on .

Services

We understand that mains water, drainage, gas and electricity are available to the premises. Interested parties are encouraged to make their own enquires if the relevant service provider.

Energy performance certificate

An EPC (Energy Performance Certificate) has been obtained, a summary of which is shown below. The full version is available to download from our web site. The rating is: - E 113

Legal costs

The tenant is to contribute £395 plus VAT towards the landlord’s legal costs, including abortive fees for a new lease. Each party to bear their own costs for a sale of the long leasehold interest.

Viewing

Strictly by prior appointment only with the sole agents, for the attention of Tony Noon Ref (0445)