Retail premises to let in 5 Cathedral Close, Exeter, Devon EX1
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Property features
- Magnificent Grade I listed property in exclusive position opposite Exeter Cathedral
- Unique opportunity for retail and alternative leisure uses (STP)
- Sales accommodation over the ground and first floors
- Outside Terrace overlooking Cathedral Green
- Approx. 1,697 sq ft (157.64 sq m)
- High footfall location
- Other occupiers in the location include Cote, Hotel Indigo, Lorna Ruby, Eat on the Green and The Ivy
Property description
5 Cathedral Close is a fine Grade I listed property, set in the most sought-after central Exeter location, opposite the beautiful and historic cathedral. The property was built in the late 17th century and features handsome red brick elevations, sash windows and stone quoin detailing, while inside there are various splendid original details.
The property consists of prominent retail sales and storage accommodation over the front ground and first floor levels plus additional basement. The ground floor sales area benefits from a high ceiling height with stunning period features overlooking the included terrace and Exeter's gothic cathedral plus ladies and gents w/c facilities. The first floor benefits from the same features with further storage and w/c facilities providing further sales accommodation to prospective occpiers.
Location
Cathedral Close is set in a stunning position in Exeter city centre, overlooking the magnificent Gothic cathedral and its gardens.
The shops, bars and restaurants of the city centre are all on its doorstep, including the High Street and Princesshay, with its selection of well-known retail outlets, while there are also plenty of independent retailers and boutiques in the smaller streets to the High Street. Other occupiers in the location include Cote, Hotel Indigo, Lorna Ruby, Eat on the Green and The Ivy as well as numerous independent traders in close proximity.
The area offers excellent transport links and Exeter's four mainline train stations are all within easy reach of the property. Trains run regularly to the smaller nearby cities as well as Bristol, Plymouth and London Paddington.
The A30 and M5 lead to the national motorway network providing convenient road links with Exeter International Airport, approximately five miles away, offering both local and international fights.
Accommodation
All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition).
Ground Floor Sales: 746 sq ft (69.26 sq m)
Ground Floor Store: 52 sq ft (4.85 sq m)
First Floor Sales: 712 sq ft (66.10 sq m)
First Floor Store: 92 sq ft (8.55 sq m)
Total: 1,697 sq ft (157.64 sq m)
Planning
The amended use classes would mean this property could be used for E class uses. The property maybe suitable for alternative uses subject to planning.
Rent / Price
£39,000 pa ex
Service Charge
A service charge will be applicable to the rent. Please enquire further with the marketing agents.
Business Rates
We understand this property has not yet been assessed for rating purposes. Interested parties are advised to contact the valuation office for further information.
Services
We understand that mains gas, 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.
EPC
C (54)
Legal Fees
Each party to be responsible for their own legal fees in relation to this transaction.
VAT
All figures quoted are exclusive of VAT if applicable.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Vickery Holman - Exeter, EX1 on +44 1392 976634 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Vickery Holman - Exeter, and do not constitute property particulars. Please contact Vickery Holman - Exeter for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.