Unit 3 Iron Bridge Vaults, Lower North Street, Exeter, EX43EE

Description
An interesting commercial/storage unit situated within the arches of the historic Exeter Iron Bridge and conveniently located close to the City Centre and all main railway stations.

The unit comprises an arched vault with a gross internal area of approximately 47 sqm (510 sq ft) The unit is accessed via timber double doors with the opening being 3.28m and the height being 3.37m. The maximum internal height is 4.25m. Potential uses for the unit Include vehicle / caravan / boat storage or the general storage of waterproofed items.

Planning
Potential tenants are strongly advised to check that their proposed use is acceptable in planning terms to the Exeter City Council Planners.

Services
Mains electricity is available within the unit.

Leasing Terms
The unit is available on flexible lease terms, excluded from the Security of Tenure Provisions of the Landlord & Tenant Act 1954. The Tenant is to maintain and repair the internal surfaces of the walls and ceiling, including the pointing to the stonework/brickwork, floor and every part of the external doors, including the surrounding brick infill panel and lintel. The landlord does not guarantee against water ingress from the road above and will require access to inspect and repair, as necessary,
the structure of the bridge for which it is responsible for. The landlord shall be responsible for buildings insurance with a fair proportion of the annual premium payable being recharged to the tenant upon demand as additional rent.

Rent
£3,950 per annum, exclusive of outgoings.

Business Rates
The rateable value from 1st April 2023 is £3,600. Estimated business rates payable for 2023/24 are £1,796.40 gross of any small business rates relief that may be available. Interested parties are advised to make their own enquiries about business rate liabilities by contacting Exeter City Council.

EPC
Not applicable.

Viewing
By appointment with South West Norse

Health & Safety
Care must be taken whilst viewing to avoid accident or injury. Save for death or personal injury caused by their negligence, neither South West Norse or the Landlord shall accept any responsibility for any loss or damage, howsoever caused, whilst viewing the property and you are deemed to have accepted the terms of this disclaimer by entering onto the site.

Important Notices
South West Norse for themselves and for the Landlord of this property whose agents they are give notice that:
1. The particulars are intended to give a fair and substantially correct overall description for the guidance of intending tenants and do not constitute part of an offer or contract. Prospective tenant(s) should seek their own professional advice.
2. All descriptions, dimensions, areas, reference to condition and if necessary permissions for use and occupation and their details are given in good faith and are believed to be correct. Any intending tenant(s) should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
3. No person in the employment of South West Norse has any authority to make or give any representation to warranty, whether in relation to this property or particulars, nor to enter into any contract relating to the property on behalf of the Landlord.
4. No responsibility can be accepted for any expenses incurred by any intending tenant(s) in inspecting making further enquiries or submitting offers for the property that has been sold, let or withdrawn.
5. The Landlord does not undertake to accept the highest or any rental offers received.
6. Devon County Council is obliged under the Proceeds of Crime Act 2002 and the Money Laundering Act 2003 and 2007 to verify the identity of the tenant(s) of any description whenever a transaction involves accepting a total payment of £10,000 or more.

Misrepresentation Act 1967
The Tenant(s) shall be deemed to acknowledge that he/she has not submitted his/her rental offer in reliance on any of the statements contained within these particulars and that he/she has satisfied himself/herself as to the content of each of the said statements by inspection or otherwise and that no warranty or representation has been
made by the Landlord or its servants or agents in relation to or in connection with the property.
Any error, omission or mis-statement in any of the said statements shall not entitle the Tenant to rescind or to be discharged from the lease, nor entitle either party to compensation or damages, nor in any circumstances give either party cause for action.