Office for sale Exeter EX2 8NL,3467sq ft

1/3

Office

Office For Sale Exeter

PROPERTY ID: 140737

PROPERTY TYPE

Office

STATUS

Available

SIZE

3,467 sq.ft

Key Features

Semi-detached office building on modern Business Park

3,467 sq ft (322.1 sq m)

Fully self-contained ground and first floor suites

Ground floor suite let, first floor vacant

12 allocated parking spaces

Freehold: £525,000 pus VAT

Property Details

Freehold Semi-detached Office Building

Semi-detached Office Building On Modern Business Park

3,467 Sq Ft (322.1 Sq M)

Fully Self-contained Ground And First Floor Suites

12 Allocated Parking Spaces

Ground Floor Suite Let, First Floor Vacant

Matford Park Is A Modern Business Park Located Approximately 2.5 Miles South-west Of Exeter City Centre, With A-road Links To The M5 Motorway And The National Road Network.

Palatine House Is One Of A Cluster Of Five Office Buildings Known As Matford Court, Built Around 20 Years Ago. Other Units At Matford Court Are In Both Office And Medical Uses.

Description
Palatine House Is A Two-storey Office Building, Configured As Ground And First Floor Suites Which Are Separate And Self-contained, Each With Own Front Door.
The Vacant First Floor Suite, Which Is Accessed Via Dedicated Stairs From Its Own Front Door, Is Fitted Out With Partitioning Which Forms A Meeting Room, But Is Otherwise Open Plan. It Has A Kitchen And Two Wcs.

The Specification Includes Suspended Ceilings With Recessed Led Lighting, Gas-fired Central Heating And Raised Floors With Recessed Power And Data Sockets.
Each Suite Has 6 Dedicated Car Parking Spaces, I.e. 12 Spaces Allocated To The Building.

Accommodation
Net Internal Areas As Follows:
Ground Floor Suite: 1,689 Sq Ft (156.9 Sq M)
First Floor Suite: 1,778 Sq Ft (165.2 Sq M)
Total: 3,467 Sq.ft (322.1 Sq.m)

Ground Floor Lease
The Ground Floor Is Let To C. & R. Alcock, Trading As Audify, Who Are Holding Over Following Expiry Of A 10 Year Lease In November 2024 At A Passing Rent Of £21,087.50 P.a. The Tenant Has Expressed The Intention To Renew The Tenancy And The Property Is Therefore Offered Subject To A New Lease To Audify.

A Service Charge Applies In Respect Of Shared Costs Including Buildings Insurance, Fire Alarm Maintenance And External Repairs, And The Ground Floor Tenant Pays 50%.

Services
All Mains Utilities Are Connected And Separately Metered Or Sub-metered To The Two Suites.

Broadband Connectivity
A Report On The Broadband Services Available To This Property, And The Relative Speeds They May Offer, Is Available On Request.

The Property Is Elected For Vat And Therefore Vat Is Applicable To The Purchase Price Unless The Parties Agree To Treat The Sale As A Togc (transfer Of A Going Concern), In Which Case Vat Would Not Be Applicable.

A Service Charge Applies In Respect Of Shared Costs Including Buildings Insurance, Fire Alarm Maintenance And External Repairs, And The Ground Floor Tenant Pays 50%.

Both Parties To Bear Their Own Legal Costs In The Transaction

Assessed In Band B.

Ground Floor Lease
The Ground Floor Is Let To C. & R. Alcock, Trading As Audify, Who Are Holding Over Following Expiry Of A 10 Year Lease In November 2024 At A Passing Rent Of £21,087.50 P.a. The Tenant Has Expressed The Intention To Renew The Tenancy And The Property Is Therefore Offered Subject To A New Lease To Audify.

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About the Agent

Stratton Creber Commercial - Exeter

See Agent's Other Properties

Office Unit

£525,000 Freehold

Unit 1 Palatine House,Sigford Road, Exeter, EX2 8NL

Office - Available
3,467 sq ft
322 sqm

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Office For Sale Exeter

PROPERTY ID: 140737

PROPERTY TYPE

Office

STATUS

Available

SIZE

3,467 sq.ft

Key Features

Property Details

About the Agent

Stratton Creber Commercial - Exeter

Office Unit

£525,000 Freehold

Unit 1 Palatine House,Sigford Road, Exeter, EX2 8NL

Office - Available 3,467 sq ft322 sqm

Enquiry Form

Save this property- Feature coming soon

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Office - Available
3,467 sq ft
322 sqm