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FOR SALE / TO LET OFFICES AND WORKSHOP
Exeter
LONG LEASEHOLD OFFICES AND WORKSHOP WITH CAR
PARKING
Barley House 27 Marsh Green Road Marsh Barton Exeter EX2 8PQ 6,423 sq ft (597 sq m)
Barley House, 27 Marsh Green Road, Marsh Barton, Exeter, EX2 8PQ
Location
The property is located on Marsh Green Road, close to Trusham Road, the main arterial route through the Marsh Barton Trading Estate. This road connects into Bad Homburg Way which is an arterial route into the city of Exeter from the South West. The city centre is around 2 miles away and the estate has a regular bus service to the centre. The location is popular with trade counter occupiers and there are a number of showrooms within the vicinity selling kitchen, tiles, spa and car related goods.
Description
The property comprises a detached office premises with rear storage / workshop area and external parking forecourt. The property sits on a highly visible and accessible location on Marsh Green Road on the Marsh Barton Trading Estate. The premises is currently arranged as ground floor warehouse and stores, with offices and first floor offices and archive storage area. Externally there is car parking and a vehicular turning area
Accommodation
All measurements are approximate Gross Internal Areas.
Services
We are advised that main electricity, 3 phase, gas and water/drainage are connected to the premises and confirm that we have not tested any of the service installations and any occupier must satisfy themselves independently as to the state and condition of such items.
Tenure
The premises is held on a long leasehold basis from Exeter City Council for a term of 99 years from 1st January 1964. The lease therefore expires as at 1st January 2063, providing approximately 50 years left unexpired. The ground rent is £125 per annum.
Terms
The unit is offered by way of an assignment of the existing lease at a long leasehold sale price of £225,000 or alternatively by way of a new full repairing and insuring occupational lease on a term of years and rent to be agreed.
Rent
The property may also be available to rent on terms to be negotiated, please contact the office to discuss your requirement.
Legal Costs
Each party is to be responsible for their own legal costs incurred in the transaction.
Business Rates
We have made enquiries of the Valuation Office website and the property has the following entry in the Rating List. Description: Offices and Premises Rateable Value: £33,250 Interested parties should make their own enquiries to Exeter City Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment. www.voa.gov.uk.
References/Rental Deposits
Financial and accountancy references may be sought from any prospective tenant prior to agreement. Prospective tenants may be required to provide a rental deposit subject to landlords’ discretion.
Energy Performance Certificate
The energy performance certificate rating is E (101). The
full certificate and recommendations can be provided on
request.
Area Sq ft Sq m
Ground - Shed 1,680 156
Ground - Stores 697 65
Ground - Offices 1,586 147
First - Offices 1,841 171
First - Archive 619 58
TOTAL 6,423 597
Barley House, 27 Marsh Green Road, Marsh Barton, Exeter, EX2 8PQ
The Code for Leasing Business Premises in England
and Wales 2007
Please see www.leasingbusinesspremises.co.uk.
Asbestos Regulations
It is the responsibility of the owner or tenant of the property, and anyone else who has control over it and/or responsibility for maintaining it to comply with the Control of Asbestos Regulations 2012 (CAR 2012). The detection of asbestos and asbestos-related compounds is beyond the scope of Alder King and accordingly we recommend you obtain advice from a specialist source.
VAT
Under the Finance Acts 1989 and 1997, VAT may be levied on the Rent/Sale price. We recommend that the prospective tenants/purchasers establish the implications before entering into any agreement.
Subject to Contract
Alder King LLP is a Limited Liability Partnership registered in England and Wales. No OC306796. Registered Office: Pembroke House, 15 Pembroke Road, Clifton, Bristol, BS8 3BA. A list of all Members is available at the registered office.
Important Notice
These particulars do not constitute any offer of contract and although they are believed to be correct, their accuracy cannot be guaranteed and they are expressly excluded from any contract.
Viewing Arrangements
For further information or to arrange an inspection, please
contact the agents.
Alder King Property Consultants
Endeavour House
Pynes Hill
Exeter
EX2 5WH
www.alderking.com
Scott Rossiter
01392 353089
Lee Southan
01392 353090
Ref: CSR/JAS/76704
Date: April2016