Property photos
£525,000
(£151.43/sq. ft)
Office for sale
Unit 1, Palatine House, Matford Court, Sigford Road, Marsh Barton Trading Estate, Exeter, Devon EX23,467 sq. ft
Available immediately
Local area information
Property location
Nearby amenities
- Marsh Barton 0.6 miles
- Isca 0.9 miles
- Alphington Primary School 1 mile
- Exeter St Thomas 1.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Semi-detached office building on modern Business Park
- 3,467 sq ft (322.1 sq m)
- Fully self-contained ground and first floor suites
- Ground floor suite let, first floor vacant
- 12 allocated parking spaces
- Freehold: £525,000 plus VAT
Freehold semi-detached office building
Semi-detached office building on modern Business Park
3,467 sq ft (322.1 sq m)
Fully self-contained ground and first floor suites
12 allocated parking spaces
Ground floor suite let, first floor vacant
Matford Park is a modern business park located approximately 2.5 miles south-west of Exeter city centre, with a-road links to the M5 motorway and the national road network.
Palatine House is one of a cluster of five office buildings known as Matford Court, built around 20 years ago. Other units at Matford Court are in both office and medical uses.
Description
Palatine House is a two-storey office building, configured as ground and first floor suites which are separate and self-contained, each with own front door.
The vacant first floor suite, which is accessed via dedicated stairs from its own front door, is fitted out with partitioning which forms a meeting room, but is otherwise open plan. It has a kitchen and two WCs.
The specification includes suspended ceilings with recessed LED lighting, gas-fired central heating and raised floors with recessed power and data sockets.
Each suite has 6 dedicated car parking spaces, i.e. 12 spaces allocated to the building.
Accommodation
Net internal areas as follows:
Ground floor suite: 1,689 sq ft (156.9 sq m)
First floor suite: 1,778 sq ft (165.2 sq m)
total: 3,467 sq.ft (322.1 sq.m)
Ground floor lease
The ground floor is let to C. & R. Alcock, trading as Audify, who are holding over following expiry of a 10 year lease in November 2024 at a passing rent of £21,087.50 p.a. The tenant has expressed the intention to renew the tenancy and the property is therefore offered subject to a new lease to Audify.
A service charge applies in respect of shared costs including buildings insurance, fire alarm maintenance and external repairs, and the ground floor tenant pays 50%.
Services
All mains utilities are connected and separately metered or sub-metered to the two suites.
Broadband connectivity
A report on the broadband services available to this property, and the relative speeds they may offer, is available on request.
The property is elected for VAT and therefore VAT is applicable to the purchase price unless the parties agree to treat the sale as a togc (Transfer of a Going Concern), in which case VAT would not be applicable.
A service charge applies in respect of shared costs including buildings insurance, fire alarm maintenance and external repairs, and the ground floor tenant pays 50%.
Both parties to bear their own legal costs in the transaction
Assessed in Band B.
Ground floor lease
The ground floor is let to C. & R. Alcock, trading as Audify, who are holding over following expiry of a 10 year lease in November 2024 at a passing rent of £21,087.50 p.a. The tenant has expressed the intention to renew the tenancy and the property is therefore offered subject to a new lease to Audify.
Semi-detached office building on modern Business Park
3,467 sq ft (322.1 sq m)
Fully self-contained ground and first floor suites
12 allocated parking spaces
Ground floor suite let, first floor vacant
Matford Park is a modern business park located approximately 2.5 miles south-west of Exeter city centre, with a-road links to the M5 motorway and the national road network.
Palatine House is one of a cluster of five office buildings known as Matford Court, built around 20 years ago. Other units at Matford Court are in both office and medical uses.
Description
Palatine House is a two-storey office building, configured as ground and first floor suites which are separate and self-contained, each with own front door.
The vacant first floor suite, which is accessed via dedicated stairs from its own front door, is fitted out with partitioning which forms a meeting room, but is otherwise open plan. It has a kitchen and two WCs.
The specification includes suspended ceilings with recessed LED lighting, gas-fired central heating and raised floors with recessed power and data sockets.
Each suite has 6 dedicated car parking spaces, i.e. 12 spaces allocated to the building.
Accommodation
Net internal areas as follows:
Ground floor suite: 1,689 sq ft (156.9 sq m)
First floor suite: 1,778 sq ft (165.2 sq m)
total: 3,467 sq.ft (322.1 sq.m)
Ground floor lease
The ground floor is let to C. & R. Alcock, trading as Audify, who are holding over following expiry of a 10 year lease in November 2024 at a passing rent of £21,087.50 p.a. The tenant has expressed the intention to renew the tenancy and the property is therefore offered subject to a new lease to Audify.
A service charge applies in respect of shared costs including buildings insurance, fire alarm maintenance and external repairs, and the ground floor tenant pays 50%.
Services
All mains utilities are connected and separately metered or sub-metered to the two suites.
Broadband connectivity
A report on the broadband services available to this property, and the relative speeds they may offer, is available on request.
The property is elected for VAT and therefore VAT is applicable to the purchase price unless the parties agree to treat the sale as a togc (Transfer of a Going Concern), in which case VAT would not be applicable.
A service charge applies in respect of shared costs including buildings insurance, fire alarm maintenance and external repairs, and the ground floor tenant pays 50%.
Both parties to bear their own legal costs in the transaction
Assessed in Band B.
Ground floor lease
The ground floor is let to C. & R. Alcock, trading as Audify, who are holding over following expiry of a 10 year lease in November 2024 at a passing rent of £21,087.50 p.a. The tenant has expressed the intention to renew the tenancy and the property is therefore offered subject to a new lease to Audify.
More information
Listed by
Stratton Creber Commercial
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