Dean Clarke House, Southernhay East, Exeter
Size
4,250
Tenure
Freehold
EPC
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Parking
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- Primary use
- Traditional office
- Capacity
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- Desks
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No floor / site plan
Key features
- Manned reception lobby with concierge services
- Connection to a network of members and users
- Shared shower facility
- 24/7 access available via electronic door fob system
- Meeting / boardroom facility
- Communal courtyard garden and secure terrace
Description
reflects an initial yield of 13.61% on the existing gross income ( before
deducting management costs for the serviced office space ) after allowance
for purchaser`s costs of 5.18%. This equates to a capital of £153 psf.
The rental income potential will increase depending upon the letting strategy
adopted, either for traditional leases or flex space. Assuming the remaining
suites are let on a serviced basis the potential gross rents receivable will
increase from £93,020 per annum to £132,620 per annum assuming a per
desk rate of £275 pcm. Management costs are currently circa £35,000 per
annum.
- Service charge
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- Business rates
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- Use class
- E
- Year built
- 1874
- Listed building
- No
An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirementsAsk agent
- BREEAM rating
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- Environmental description
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Brochure
Dean Clarke House, Southernhay East, Exeter
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Disclaimer - Property reference DeanClarkeHouse. 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.