Brand new Freehold Office development providing a range of self-contained 2 storey Office Buildings on the Eastern edge of Exeter at West Clyst, each with allocated Car Parking Due for Completion Summer 2018 Prices of 209,500 and 395,000 Freehold with Parking Units of 104 sq.m (1,118 sq.ft) and 199 sq.m (2,150 sq.ft) Can be subdivided if required West Clyst Office Park, Hawkins Road, Old Park Farm, Pinhoe, Exeter, EX1 3TH
SITUATION AND DESCRIPTION The premises are located on the edge of Pinhoe at West Clyst, and easily accessed from the A30 and just 3 miles from junction 29 of the M5 motorway, the Sowton Industrial Estate and the Exeter Business Park and Science Park. Road links are good with quick and easy access to the M5 Motorway linking with Bristol and the National Motorway network and the A30 dual carriageway leading to Honiton and onto the M3 and into London, plus the A30 to Cornwall and A38 to Plymouth. Communications generally are excellent for the city with a railway station in Pinhoe and the ease of access to the busy Regional, National and International Exeter airport. 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 110,000 with a drive to work population of some 480,000 within a 45-minute catchment area. The Office Units are part of a small commercial development located just off the main B3181 road from Pinhoe to Broadclyst, on the edge of a large residential development. The scheme will comprise a Tesco Metro Convenience Store, a range of 5 Office buildings, the larger of which can be split on a floor by floor basis if required, in addition to a 100 space Park and Change car park. On the adjoining site a purpose built Residential Care Home will be constructed to complete the commercial development. The scheme has been designed as a BREAM Very Good, and is ideal for owner occupiers seeking to purchase their own offices, but would also suit investors, with the larger buildings able to be let floor by floor without modification, and the smaller buildings also being able to be split with minor works to the entrance lobby. Heating will be supplied from the District heating system with individual heat meters in each property. Construction is due to commence in November 2017 with completion of the office buildings over the summer of 2018. For more specific completion dates please contact the vendors sole agents. Although Freehold / Long Leasehold sales are proposed, new institutional leases would also be considered on terms to be agreed, full details available on request. ACCOMMODATION Brief details of the accommodation, with approximate maximum internal dimensions are as follows: - UNITS A and D 199 sq.m (2,150 sq.ft) Ground Floor 14.31m x 8.12m (46 11 x 26 8 ) max Accessed from the forecourt via a glazed entrance door into an entrance lobby with stairs to the first floor and a door to the ground floor office. To the rear of the suite is a Kitchen area with wall and base unit with inset stainless steel sink unit with single drainer. Space for fridge. Plumbing for dishwasher. Ground Floor Units A & D The suite will benefit from a suspended ceiling with integrated LED lighting and perimeter trunking providing ample power points and the ability to incorporate your own data points. Carpet tiled floor. Toilet Leading off the landing and providing a WC suite and Wash basin. First Floor Units A & D The suite will benefit from a suspended ceiling with integrated LED lighting and perimeter trunking providing ample power points and the ability to incorporate your own data points. Carpet tiled floor. Radiators. Toilet Leading off of the entrance lobby and providing a WC suite and Wash basin with full disabled facilities. First Floor 14.31m x 8.12m (46 11 x 26 8 ) max Accessed from the ground floor lobby up to a landing with door to Office Suite. Again to the rear is a Kitchen area with a wall and base unit with inset stainless steel sink unit with single drainer. Space for fridge. Plumbing for dishwasher. Radiator.
UNITS B, C and E 104 sq.m (1,113 sq.ft) Ground Floor 8.12m x 7.02m (26 8 x 23 0 ) max Accessed from the forecourt via a glazed entrance door into the office suite with stairs to the first floor. Within the suite is a Kitchen area with wall and base unit with inset stainless steel sink unit with single drainer. Space for fridge. Plumbing for dishwasher. Radiators. The suite will benefit from a suspended ceiling with integrated LED lighting and perimeter trunking providing ample power points and the ability to incorporate your own data points. Carpet tiled floor. Toilet WC suite with wash hand basin. Ground Floor Units B, C & E First Floor Units B, C & E First Floor 8.12m x 7.02m (26 8 x 23 0 ) max Stairs lead up to the first floor with access to the suite which will benefit from a suspended ceiling with integrated LED lighting and perimeter trunking providing ample power points and the ability to incorporate your own data points. Carpet tiled floor. Radiators. Kitchen area with wall and base unit with inset stainless steel sink unit with single drainer. Space for fridge. Plumbing for dishwasher. Radiators. Toilet WC suite and wash hand basin. EXTERNALLY Each office building will be allocated car parking spaces with the 3 smaller buildings having 2 spaces each and the larger buildings having 4 spaces each. In addition, there may be parking available in the Park and Change car park to the rea of the site. PRICE The asking prices for the premises are as follows Unit A - 199 sq.m (2,146 sq.ft) - 395,000 Freehold Unit B - 104 sq.m (1,113 sq.ft) - 209,500 Freehold Unit C - 104 sq.m (1,113 sq.ft) - Reserved Unit D - 199 sq.m (2,146 sq.ft) - 395,000 Freehold Unit E - 104 sq.m (1,113 sq.ft) - 209,500 Freehold Although not the preferred option, it may be possible to sub divide one or both of the 2 larger units and sell them on a floor by floor basis which would offer approximately 99 sq.m (1,073 sq.ft) on a new 999 year lease. Full details available on request. It is also possible to agree terms for a new lease of the premises with rents of 27,750 pax for the larger units and 14,950 pax for the smaller units. Full details of the availability and terms proposed are available on request. All quoting prices and rents will be plus VAT. A small estate charge will be payable for the upkeep of common parts and shared services on the site. ENERGY PERFORMANCE CERTIFICATE An EPC will be provided for each of the units, further details are available on request. SERVICES Mains water, drainage, gas and electricity are available to the premises. We also understand Fibre Broadband may be available, but interested parties are encouraged to make their own enquiries. RATES Rateable Value: - To be assessed on completion Rates Payable: - To be confirmed (2017-2018) For full details of the Business Rates payable for the premises please contact East Devon District Council Business Rates Department on (01395 516551) LEGAL COSTS Each party will be responsible for their own legal costs involved in the transaction. For a lease, the Landlord will require a contribution of 450 plus VAT towards their legal costs, including abortive costs, in the preparation of the new lease. TIMESCALES We understand that the offices will be completed during the summer of 2018. Further details available on request. VIEWING Strictly by prior appointment only with the sole agent, for the attention of Tony Noon (07831 273148) Ref (0426) Tel. 01392 691007 Mob. 07831 273148 Email. tn@noonroberts.co.uk Web: www.noonroberts.co.uk
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