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First Floor, Milford House, Pynes Hill, Exeter, Devon, EX2

£9,062 pcm
£108,738 pa

£27.18 per sq ft

Business rates & charges may apply

Hector Pearce, Exeter
SIZE AVAILABLE

4,000-6,041 sq ft

372-561 sq m

SECTOR

Office to lease

USE CLASSUse class orders: B1 Business and Class E

B1, E

Lease details

Lease available date:
Ask agent
Lease type:
Not Specified
Furnish type:
Unfurnished

Key features

  • Impressive double height entrance/reception
  • Well configured floor plate with excellent natural light
  • Anti-glare/LED light fittings
  • Full access raised floors
  • Suspended ceilings & Air conditioning
  • Shower facilities on each floor and dedicated ground floor shower room. High specification male, female and disabled WCs on each floor
  • Two passenger lifts
  • Recently refurbished external seating / break out
  • Far reaching views
  • Dedicated EV chargers & Cycle storage

Description

High specification, refurbished building provides accommodation of a high quality and impressive design over three floors. The floorplate provides open plan accommodation with reception break out area offices boardroom and meeting room.

On Site Car Parking

24 on site parking spaces and one dedicated EV charger with shared visitor and disabled parking adjacent to the main entrance.

Energy Performance Certificate

An Energy Performance Certificate has been carried out on this property (for the whole building) and the current performance band is showing as B (score of 50).

Terms

The accommodation is available by way of an assignment of the existing lease dated 30 June 2023 which is for a term of 10 years with an upwards only rent review from 30 June 2028 at a current rent of £52,858.75 per annum until 30 June 2024 increasing yearly as follows:

w.e.f 01 July 2024 £108,738.00 ( £18.00 psf )
w.e.f 01 July 2025 £111,758.50 ( £18.50 psf )
w.e.f 01 July 2026 £114,779.00 ( £19.00 psf )
w.e.f 01 July 2027 £117,799.50 ( £19.50 psf )

The base rent with effect from 01 July 2028 will be £120,820 per annum ( £20.00 psf ). There is a tenant only option to break the lease with effect from 30 June 2028.

The accommodation can be offered fully fitted and furnished and on a flexible short term lease.

Business Rates

Details of rateable values which apply to the suites are available from the Agents. For confirmation of the rates payable you are advised to contact Exeter City Councils Business Rate department on .

VAT

All figures quoted are exclusive of VAT if applicable.

Brochures

First Floor, Milford House, Pynes Hill, Exeter, Devon, EX2

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Digby & Sowton Station0.6 miles
  • Newcourt0.7 miles
  • Polsloe Bridge Station1.7 miles

About Hector Pearce, Exeter

Winslade House, Winslade Park, Clyst St. Mary, Exeter, EX5 1FY

Notes

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Disclaimer - Property reference MilfordHouseExeter. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hector Pearce, Exeter. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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