June 2020: Wednesday 24 June 2020 - 10:00am
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    Key features

    • Sought after business park with good transport links
    • Ground floor - open plan offices built circa 2000
    • Approximate area 185 sq m (1,980 sq ft) 9 Parking spaces
    • Let to Ramboll Uk Ltd* at a rent of £25,000 per annum

    Description

    Open plan purpose built office suite.

    Broadly rectangular in shape with a kitchenette area in one corner.

    The offices benefit from, air-conditioning, heating, raised floors, perimeter trunking, suspended ceilings, communal WC's and the use of 9 parking spaces.

    Additional information

    Tenure

    Held on a long lease for a term of 125 years (less 3 days) commencing 28 March 2000

    Accommodation

    Open plan offices of approximately 185 sq m (1,980 sq ft)

    Tenancy

    Let to Ramboll Uk Ltd on a 5 year lease commencing 27th August 2018 with a rent review and tenants break on 26th August 2021.


    Rent

    Total rent reserved £25,000 per annum

    Notes

    *The 2018 filed accounts for Ramboll Uk Ltd show a turnover of 98.3m and a profit before tax of £1.8m.

    Eight week completion available on this lot

    VAT is applicable to this lot

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Exeter is the county town of Devon and lies some 65 miles south of Bristol and 36 miles north of Plymouth.

      Accessed off Rydens Lane, Pynes Hill is Exeter's premier office park situated approximately 3.5 miles to the south east of the city centre.

      Communications are excellent with the M5 Motorway being only a 5 minute drive giving access to the A30 and the A38 Expressway.

      There is a frequent local rail service into the city centre and Exeter International Airport is only 5 miles to the east.

      Transport

      National Rail, Digby & Sowter, and Exeter stations

      Airport, Exeter

      Legal documents

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      EPC rating

      The EPC rating for this property is B

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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