Whimple Street, Plymouth, Devon, PL1

The entire 2nd Floor Office Suite of rooms in a uniquely prominent building in an exceptional location.
As currently configured (Plan 1), the premises comprise a large open plan reception and office room no.1 with a door to a separate kitchen, a separate private office room no.2, a separate private office room no.3. Access is via a ground floor phone entry system and a lift providing access to all three office levels. The office has the benefit of gas central heating to radiators, with an A rated boiler installed in 2021, an LED panel lighting system installed at the same time and the premises are also connected to the internet via Virgin Media.

Location:

Plymouth is the largest city west of Bristol with a population predicted to exceed 300,000 within the next 10 years. The premises are located on a very prominent corner facing north towards the city's principle shopping area (Plan 2). The premises are a very short walk from Drake Circus Shopping Precinct and links to the premises by people using cars, taxis, bicycles and buses are excellent.

Old Town Street multi-million-pound street improvement scheme is nearing completion.


Property Description

This imposing Listed property was originally constructed in Victorian times but was fully re-developed internally behind the original façade in 1995. At the same time, a third floor was added at the roof level, a passenger lift was installed and a separate entrance and staircase to the upper parts was created off the Whimple Street elevation.
The Third Floor Office Suite is occupied by a social media and advertising company who are now on their second lease and the tenant of the First Floor Office Suite is a prestigious firm providing wealth management services, established in 1792.


The Whimple Street elevation is about 13 metres long with 5 windows facing north
The St Andrew Street elevation is about 13 metres long with 4 windows facing west.

The 2nd Floor Office Suite, as a whole, provides a net area of about 1,450 square feet. (Plan 1)

The dual aspect windows, with their views to the north and the west, give a very favourable impression of light and space and they help to provide a very prestigious and pleasant working environment.


Services:
Gas Central Heating, Mains Electric and Gas via smart meters, Water, Mains Drainage and Virgin Media.

VAT is applicable to the premises at the standard rate.



Rent

£14,500 p.a. excl.

Service Charges

£5,000 p.a. excl. for 2024/2025.

Rates

The GRV is £14,000 at 49.9p in the pound payable for 2024/2025.




Terms

A new lease is available, drawn on proportional full repairing and insuring terms, in line with the other leases in the premises.

The length of the term and the incentives are to be decided.