Let Agreed

Shop for rent

3 The Crescent, Exeter Central Station, Queen Street, Exeter, Devon, EX4 3SB


£18,000 per year
£1,500 per month
1,094 ft²

Features

  • All day and evening trade
  • Attractive location popular with independents
  • High footfall location
  • Other occupiers in the area include: Tabac, Exploding Bakery and Pie Minister
  • Regular train departures throughout the day
  • Sales: 725 sq ft (67.35 sq m) Storage: 47 sq ft (4.37 sq m) Ancillary: 322 sq ft (29.91 sq m)
  • Short walk into the city centre.

Description

The property consists of a good sized retail premises with storage and office accommodation to the rear. The property has fully glazed frontage onto The Crescent which forms part of Exeter's most central city station with a eclectic mix of traders in the vicinity. The premises benefits from mains electricity, water and drainage



Location



The property is located within The Crescent which forms part Exeter Central Station and consists of a number of small retail units occupied by local traders. The Crescent is situated on Queen Street which benefits from high footfall from students and commuters within the city. Other occupiers in the vicinity include Exeter College at Victoria House, Tabac, Exploding Bakery and Pie Minister along with a number of other well established local traders.



Accommodation



All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition).



Planning



The amended use classes would mean this property could be used for E class uses which include retail, cafe/restaurant, creches, indoor recreation and gyms. Please enquire for further information.



Rent / Price



17,000 per annum exclusive.



Terms



Available on The Arch Company's Standard Tenancy Agreement. All agreements will be granted outside Sections 24-28 of the Landlord and Tenant Act 1954 Part II.



Business Rates



From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value is 13,000.00. Therefore making the approximate Rates Payable 6,487.00 per annum for 2020/21.



Services



We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.



Legal Fees



Subject to agreement type. Standard Tenancies; tenant to contribute 395.00 + VAT towards the documentation and administration. Enhanced Tenancies; 795 + VAT. Plus 350 + VAT for a standard Licence to Alter if required.



VAT



All figures quoted are exclusive of VAT if applicable.

Categories

Shops
Call
Property reference
CP213214_19707