for sale - long leasehold quality office premises prominent self ...
FOR SALE - LONG LEASEHOLD QUALITY OFFICE PREMISES PROMINENT SELF CONTAINED OFFICE PREMISES IN THE HEART OF THE CITY 1 The Court Yard New North Road Exeter EX4 4EP 739 SQ FT (68.65 SQ M)
1 The Court Yard, New North Road, Exeter, EX4 4EP Location Exeter has a thriving business community and functions as the principal administrative centre for Devon and Cornwall. The city is home to a number of major UK and international organisations including the Met Office, EDF Energy, Flybe, Devon & Cornwall Constabulary and South West Water. The city has a strong retail base with the recent
development of Princesshay shopping centre and has a retail catchment population of 480,000 and a resident population of 120,000. The property is situated on New North Street being a main thoroughfare across the City Centre. Set in the heart of Exeter’s cultural quarter the property is moments away from the thriving High Street, Princesshay and the newly developed Queen Street Dining scheme.
Description The Property comprises a ground and first floor self contained office within a larger office complex. The Property faces the main road and is accessed directly from New North Road. The accommodation is laid out over two floors with office space on the ground floor and to the rear a WC. Stairs provide access to the first floor. To the rear of the ground floor is a door which leads out to the rear parking area. The first floor office space is almost identical to the ground floor with a further single WC. At the top of the stairs a tea point. The Property benefits from the use of a single space within the car park to the rear. This is secure parking with the vehicular entrance located to the side of the Property. Accommodation Description
Ft2
M2
Ground Floor
374
34.72
First Floor
365
33.93
739
68.65
*All measurements are approximate Net Internal Areas.
1 The Court Yard, New North Road, Exeter, EX4 4EP Tenure
Legal Costs
Important Notice
We understand that the Property is currently held on a long leasehold of 125 years from September 2003. We have been informed that there is a peppercorn ground rent.
Each party is to be responsible for their own legal costs incurred in the transaction. Energy Performance Certificate
These particulars do not constitute any offer of contract and although they are believed to be correct, their accuracy cannot be guaranteed and they are expressly excluded from any contract.
Price
The energy performance certificate rating is C (73). The full certificate and recommendations can be provided on request.
Viewing Arrangements
£145,000 is sought for the remaining long leasehold interest.
Asbestos Regulations
Business Rates We are informally advised by the Valuation Office website that the premises are assessed for rating purposes as follows:Description: Rateable Value:
Offices & Premises £7,700
Interested parties should make their own enquiries to Exeter City Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment. www.voa.gov.uk.
It is the responsibility of the owner or tenant of the property, and anyone else who has control over it and/or responsibility for maintaining it to comply with the Control of Asbestos Regulations 2012 (CAR 2012). The detection of asbestos and asbestos-related compounds is beyond the scope of Alder King and accordingly we recommend you obtain advice from a specialist source.
For further information or to arrange an inspection, please contact the agents.
Alder King Property Consultants Endeavour House
Pynes Hill Exeter
VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the Rent/Sale price. We recommend that the prospective tenants/purchasers establish the implications before entering into any agreement.
EX2 5WH
www.alderking.com Lee Southan
Subject to Contract
01392 353090
Alder King LLP is a Limited Liability Partnership registered in England and Wales. No OC306796. Registered Office: Pembroke House, 15 Pembroke Road, Clifton, Bristol, BS8 3BA. A list of all Members is available at the registered office.
[email protected]
Ref: LS/JAS/84957 Date: December 2016
1 The Court Yard, New North Road, Exeter, EX4 4EP Location Exeter has a thriving business community and functions as the principal administrative centre for Devon and Cornwall. The city is home to a number of major UK and international organisations including the Met Office, EDF Energy, Flybe, Devon & Cornwall Constabulary and South West Water. The city has a strong retail base with the recent
development of Princesshay shopping centre and has a retail catchment population of 480,000 and a resident population of 120,000. The property is situated on New North Street being a main thoroughfare across the City Centre. Set in the heart of Exeter’s cultural quarter the property is moments away from the thriving High Street, Princesshay and the newly developed Queen Street Dining scheme.
Description The Property comprises a ground and first floor self contained office within a larger office complex. The Property faces the main road and is accessed directly from New North Road. The accommodation is laid out over two floors with office space on the ground floor and to the rear a WC. Stairs provide access to the first floor. To the rear of the ground floor is a door which leads out to the rear parking area. The first floor office space is almost identical to the ground floor with a further single WC. At the top of the stairs a tea point. The Property benefits from the use of a single space within the car park to the rear. This is secure parking with the vehicular entrance located to the side of the Property. Accommodation Description
Ft2
M2
Ground Floor
374
34.72
First Floor
365
33.93
739
68.65
*All measurements are approximate Net Internal Areas.
1 The Court Yard, New North Road, Exeter, EX4 4EP Tenure
Legal Costs
Important Notice
We understand that the Property is currently held on a long leasehold of 125 years from September 2003. We have been informed that there is a peppercorn ground rent.
Each party is to be responsible for their own legal costs incurred in the transaction. Energy Performance Certificate
These particulars do not constitute any offer of contract and although they are believed to be correct, their accuracy cannot be guaranteed and they are expressly excluded from any contract.
Price
The energy performance certificate rating is C (73). The full certificate and recommendations can be provided on request.
Viewing Arrangements
£145,000 is sought for the remaining long leasehold interest.
Asbestos Regulations
Business Rates We are informally advised by the Valuation Office website that the premises are assessed for rating purposes as follows:Description: Rateable Value:
Offices & Premises £7,700
Interested parties should make their own enquiries to Exeter City Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment. www.voa.gov.uk.
It is the responsibility of the owner or tenant of the property, and anyone else who has control over it and/or responsibility for maintaining it to comply with the Control of Asbestos Regulations 2012 (CAR 2012). The detection of asbestos and asbestos-related compounds is beyond the scope of Alder King and accordingly we recommend you obtain advice from a specialist source.
For further information or to arrange an inspection, please contact the agents.
Alder King Property Consultants Endeavour House
Pynes Hill Exeter
VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the Rent/Sale price. We recommend that the prospective tenants/purchasers establish the implications before entering into any agreement.
EX2 5WH
www.alderking.com Lee Southan
Subject to Contract
01392 353090
Alder King LLP is a Limited Liability Partnership registered in England and Wales. No OC306796. Registered Office: Pembroke House, 15 Pembroke Road, Clifton, Bristol, BS8 3BA. A list of all Members is available at the registered office.
[email protected]
Ref: LS/JAS/84957 Date: December 2016
