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Restaurant to lease

15 Magdalen Street, Exeter, Devon, EX2 4HZ

£2,500 pcm
£30,000 pa

£11.32 per sq ft

Business rates & charges may apply

Vickery Holman, Exeter
SIZE AVAILABLE

2,650 sq ft

246 sq m

SECTOR

Restaurant to lease

Lease details

Lease available date:
Ask agent

Key features

  • Rare opportunity to take on prominent commercial space.
  • Flexible internal configuration suitable for a variety of uses.
  • Corner position with excellent visibility.
  • Pedestrian access directly from the street.
  • Close proximity to main road links and local amenities.

Description

This prominently positioned detached two-storey property offers versatile commercial accommodation suitable for a range of business uses. The ground floor provides open-plan space with good natural light. The first floor is accessed via an internal staircase and offers additional office or ancillary accommodation, benefitting from windows on multiple elevations and access to a flat-roof terrace area. Externally, the property occupies a corner position with road frontage and pedestrian access directly from the street.

The premises are well-presented and adaptable, offering an excellent opportunity for occupiers seeking self-contained accommodation within an accessible and established commercial location

Location

15 Magdalen Street occupies a prominent position within Exeter's vibrant city centre, situated just a short walk from the historic Cathedral Green and the prime retail areas of the High Street and Princesshay Shopping Centre. Magdalen Street forms part of a busy and well-established commercial thoroughfare linking the city centre with Southernhay, Exeter's principal professional district.

The surrounding area is home to a mix of independent retailers, cafés, restaurants, and professional offices, creating a lively and attractive environment for both businesses and visitors. The property benefits from excellent accessibility. Exeter Central and St David's railway stations are within easy reach, providing regular services to London Paddington, Bristol, and other regional centres. Road connections are also strong, with the A30, A38, and M5 motorway all readily accessible from the city centre. Nearby public car parks and local bus routes further enhance connectivity. This well-connected and characterful location makes 15 Magdalen Street an ideal base for professional services, retail, or other commercial occupiers seeking a central Exeter address with strong amenities and visibility.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a net internal basis.

Ground Floor 1,566 sq ft (145.5 sq m)
First Floor 909 sq ft (84.4 sq m)
Basement 175 sq ft (16.3 sq m)
Total 2,650 sq ft (246.2 sq m)

Planning

The amended use classes would mean this property could be used for E class uses which includes retail, cafe/restaurant, creches, indoor recreation and gyms. Please enquire for further information.

Rent / Price

Rent on Application

Business Rates

To be reassessed.

Services

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC

C (53)

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

All figures quoted are exclusive of VAT if applicable.

Brochures

15 Magdalen Street, Exeter, Devon, EX2 4HZ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Exeter Central Station0.5 miles
  • Exeter St. Thomas Station0.5 miles
  • St James Park Station0.8 miles

About Vickery Holman, Exeter

Balliol House Southernhay Gardens, Exeter, EX1 1NP

Vickery Holman is a multi-disciplined property company, the roots of which can be traced back as far as 1848. Today, the consultancy has more than 60 people working in four offices, strategically placed across the South West. Vickery Holman is a limited company, owned by its employees, and is a member of the RICS (Royal Institution of Chartered Surveyors).

Our consultants offer a full spectrum of skills in all areas of property, from all aspects of general practice and building surveying, right through to the management of commercial and residential property. Our specialist areas include dispute resolution, development consultancy, valuation, lease consultancy, business rates negotiations, in addition to commercial sales, lettings and acquisitions.

We deliver commercial property opportunities to a wide range of clients from single tenants to large scale investors. Our tailored, personal service aims to empower all our clients, whether they are new to property or seasoned professionals. We believe communication through personal contact is key to highlight those investment opportunities or potential pitfalls.

Can't find what you are looking for here? Call one of our offices in your area to speak to our experts who can identify with your property requirements and guide you through the process to find the right option for you.

Notes

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Disclaimer - Property reference 21554LH. 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 Vickery Holman, 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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