Impressive Headquarters Building set in 2.22 Hectares

Price:

Price on application

Seller Ref:

2784

Location:

Devon, Exminster, Exeter

Business Type:

Commercial Property

See Other:

Office space for sale in Devon
Commercial property for sale in Devon

Description:

THE BUSINESS:

22,544 sq.ft (2,094.38 sq.m) of office accommodation wih 109 car parking spaces, Exminster House comprises an attractive three storey building constructed with brick elevations beneath a pitched slate tile roof, in three wings to take full advantage of its south facing aspect with far reaching views. The wide entrance gates lead to the landscaped car parking immediately in front of the building. The main entrance is conveniently located in the west wing with provision made for disabled access and parking. The reception area is well appointed and served by an 8 person passenger lift. The ground and first floors have suspended ceilings with recessed lighting with the second floor having a traditional ceiling finish with surface mounted lighting. Three compartment perimeter trunking is located throughout the building, with the exception of the computer room which has a fully raised access floor and is air conditioned. The existing floor plans comprise a mixture of open plan and demountable partitioned offices. The property has ample welfare facilities and benefits from a dedicated restaurant at ground floor level with separate access via a service road and parking at the rear. The covered bicycle parking is also located here. Separate to this is a secluded garden area where occupiers can enjoy their lunch outside in the summer months.

This landmark property has been the headquarters for the Environment Agency for the past 14 years. Due to internal restructuring the building will become vacant when the lease comes to an end on 28th September 2012. The Environment Agency has indicated that it could vacate before this date to accommodate the needs of the new occupier.

Location Details:

Exminster House is situated on the outskirts of the village of Exminster and is located approximately 3 miles south east of Exeter City Centre and 3 miles south west of Junction 30, M5. The property is easily accessed via the A379 Dawlish Road with excellent links to the A38, A30 and A377 trunk roads via the city ring road which is approximately ¾ mile distant. Occupying mature and well maintained landscaped grounds, Exminster House presents a rare opportunity to acquire a very attractive and imposing high quality period office building.

Lease Terms:

Freehold Exminster House is available to purchase freehold with the benefit of the lease to The Environment Agency for a term to expire 28th September 2012. The current passing rent is £252,500 per annum exclusive. The Environment Agency has indicated that they may be able to offer vacant possession earlier to suit an incoming occupier’s requirements. Price on application. Leasehold A new full repairing and insuring lease is available on terms to be agreed. Rent on application.