Office to let in Pynes Hill, Exeter EX2

Situation and description

River Court is located on the popular Pynes Hill Office Park, situated on the edge of Exeter just 1 mile from Junction 29 and junction 30 of the M5 motorway, and close to the junctions of the A30, A38 and A380 making this a very central and convenient location. Exeter City centre with its busy retail area and wide range of amenities are within easy reach, including a mainline railway station (St David’s, Exeter - Paddington, London) together with a busy Regional and National airport closeby. Exeter is the capital city and county town of Devon and has firmly established its reputation as being the commercial centre for the South West. The city has a population of approximately 120,000 with a ‘drive to work’ population of some 480,000 within a 45-minute catchment area.

No 3 River Court is a semi-detached 2 story office building constructed in around 2005 and built to a good specification. This suite is located on the ground floor and is accessed off a shared ground floor entrance hall with the first floor suite. The office building stands on an elevated plot and offers spacious accommodation with windows to 3 elevations making this light and airy space. The suite has a private kitchen area and a separate toilet. To the front is a shared courtyard with 3 allocated car parking spaces. The premises are available by way of a new lease, with early occupation available if required.

Accommodation

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

Ground floor

Approached from the courtyard area via a glazed entrance door into a shared lobby with a door to ……

Office Suite 10.34m x 7.36m plus 3.42m x 3.03m
(33’11” x 24’2” plus 11’3” x 9’11”) max
Spacious L shaped office with large windows to 3 elevations making this a very light and airy suite. Suspended ceiling with integrated lighting. Carpeted. Radiators. Leading off the main office room is a ….

Kitchen Area
Located to the rear of the suite and comprising a range of wall and base units with worktop and inset stainless steel sink unit with single drainer. Space for fridge. Tiled splashback. Ideal wall mounted gas fired central heating boiler.

Toilet
Low level WC suite with pedestal wash hand basin. Vinyl flooring.

Meeting Room 5.05m x 3.30m (16’7” x 10’10”) max
Glazed partitions to the main office with integrated blinds. Windows to 2 elevations. Radiator. Suspended ceiling with lighting and power as fitted.

Accessible Toilet
Located off the ground flor lobby with low level WC suite and pedestal wash basin. Radiator. Vinyl floor.

Externally

To the front of the building is a courtyard area with 3 allocated parking spaces reserved for the ground floor suite.

Buisiness rates

Rateable Value: £13,000 (2023 Valuation)

We understand that up to a 100% Rates reduction may be available for qualifying businesses under the Small Business Rate Relief scheme. To see if you or the premises qualify for any discount, please contact Exeter City Council rent
A rent of £12,950 per annum is sought for this well located Office suite with a generous car parking allocation. VAT is chargeable on the rent.

Tenure

A new 6 year effective Fri lease is available by way of service charge with an upwards only rent review at the end of the third year. A tenant only break clause can also be incorporated at the end of the 3rd year if required. The lease will be contracted outside of the landlord and tenant act. A service charge applies in respect of the landlord’s costs of maintaining and insuring the building and provision of utilities to the common areas. The service charge for 2023- 2024 was £1,200 per annum.

Legal costs

A contribution of £395 plus VAT is required towards the landlord’s legal costs, to include abortive costs, in setting up the new lease.

Rent deposit

A three months’ rent deposit will be required by the landlords which will be held for the duration of the tenancy.

Energy performance certificate

A summary of the EPC is below, with the full version available to download from the web site. The Rating is C 73

Viewing

Strictly by prior appointment only with the sole agents, for the attention of Tony Noon Ref (0808)