Shop Unit to Let in Prime Trading Position

Exeter

£26,000 Rental Per Annum
Print this Property

A prime retail shop located in the heart of the Cathedral City of Exeter, Devon. Currently trading successfully retailing over two floors (ground and 1st floor) benefitting from a large passing footfall. With approx. 670 square feet of retailing space together with staff kitchen and toilet facilities, these three storey premises enjoy overall low overheads. With large glazed windows to front, these premises would suit a wide variety of uses. Early viewings are recommended....

LOCATION

The premises are situated on Catherine Street in the very heart of Exeter, Devon. This location benefits from a high passing footfall and takes advantage of tourism being situated close to the Cathedral. The city is known for having one of the UK’s finest Universities with approximately 25,000 students and has been identified among the top ten most profitable locations for a business to be based, which has influenced many blue-chip companies to relocate to the city. The city also benefits from circa 35,000 people commuting into Exeter daily, the M5 motorway being on its front door, mainline railway connection to all parts of the UK and an International airport.

 

ACCOMMODATION

 

GROUND FLOOR

 

RETAIL AREA 1

8.90m x 4.16m

A lovely open plan space with wood effect flooring, spotlighting and large display window to front.

 

INNER HALLWAY

A large space with a changing room and stairs to

 

FIRST FLOOR

 

RETAIL AREA 2

8.74m x 3.86m

A large open area with a low stud wall subdividing the space with “individual changing rooms with windows to side and the main retailing area benefiting from a large window to front making this space light and airy.

 

Door to

 

INNER HALLWAY (staff access area)

 

With doors to

 

KITCHENETTE

1.29m x 1.29m

 

CLOAKROOM

With a low-level WC and wash hand basin.

 

SECOND FLOOR

 

STORE AREA

4.54m x 2.59m

A lovely open space with windows to all sides.

 

LOWER GROUND FLOOR

This area is accessed by a door in the main ground floor retailing area and is similar in size. This space is used to store equipment, cardboard etc.

 

TENURE

Leasehold. Whilst there is an option to renew the current lease with three years remaining, the landlord has already indicated a new long term will be made available. Ingoing tenant to pay Landlord’s reasonably incurred lease assignment / set up costs. Current rental of £26,000 per annum.

 

SERVICES

Mains electricity, water and drainage are all connected. However, no testing of these services have been undertaken by the Agents, Ware Commercial

 

 

BUSINESS RATES

Please make your enquiries on the local Valuation Website (VOA) at www.voa.gov.uk

 

VIEWINGS

All viewings and enquiries are to be made through the agents Ware Commercial.  TEL. 01392 462266 or 01803 328880 Email. info@warecommercial.com   www.warecommercial.com

 

Misrepresentation Act

Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.