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Office

Office For Sale Exeter

PROPERTY ID: 135537

PROPERTY TYPE

Office

STATUS

Available

SIZE

3,502 sq.ft

Key Features

Attractive Grade II Listed Georgian office building
Accommodation arranged on 5 floors
Net floor area: approx: 3,502 sq ft (325.34 sq m)
Prominent corner position in the Central Business District
Guide price: £525,000 reflecting a net initial yield of 7.72% rising to 8.17% in September 2025

Property Details

Southernhay is Exeter's prime city centre office district, in close proximity to the amenities of Princesshay, High Street and Cathedral Green. The Georgian terraces of Southernhay West and Southernhay East face one another across mature communal gardens, and buildings on Southernhay West have views to the Cathedral and Bishop's Palace beyond. The property is located in a prominent and high profile location at the corner of Southernhay West and Cathedral Close, a busy pedestrian thoroughfare linking the office district with Cathedral Green, High Street and city centre amenities. The offices of the Southernhay District are home to a number of the city's best-known professional firms including solicitors, accountants, surveyors, private banks and financial advisors. The district is also a centre for medical and therapy businesses as well as having a number of hotels, a restaurant and a wine bar. Exeter is the county town and major regional shopping centre for the county of Devon and has a population of approximately 129,000 and is at the heart of a travel to work area of over 470,000 residents and is situated some 80 miles south west of Bristol and 40 miles north west of Plymouth. Exeter is well served by transport communications with three junctions to the M5 motorway and direct access to the A30, A38 and A380 dual carriageway linking with Cornwall, Plymouth and Torbay respectively. Exeter also benefits from two railway stations, St David's and Central providing regular connections to London.

Freehold City Centre Office Investment. Attractive Grade Ii Listed Georgian Office Building Accommodation Arranged On 5 Floors Net Floor Area: Approx: 3,502 Sq Ft (325.34 Sq M) Guide Price: £525,000 Reflecting A Net Initial Yield Of 7.72% Rising To 8.17% In September 2025 Prominent Corner Position In The Central Business District Southernhay Is Exeter's Prime City Centre Office District, In Close Proximity To The Amenities Of Princesshay, High Street And Cathedral Green. The Georgian Terraces Of Southernhay West And Southernhay East Face One Another Across Mature Communal Gardens, And Buildings On Southernhay West Have Views To The Cathedral And Bishop's Palace Beyond. The Property Is Located In A Prominent And High Profile Location At The Corner Of Southernhay West And Cathedral Close, A Busy Pedestrian Thoroughfare Linking The Office District With Cathedral Green, High Street And City Centre Amenities. The Offices Of The Southernhay District Are Home To A Number Of The City's Best-known Professional Firms Including Solicitors, Accountants, Surveyors, Private Banks And Financial Advisors. The District Is Also A Centre For Medical And Therapy Businesses As Well As Having A Number Of Hotels, A Restaurant And A Wine Bar. Exeter Is The County Town And Major Regional Shopping Centre For The County Of Devon And Has A Population Of Approximately 129,000 And Is At The Heart Of A Travel To Work Area Of Over 470,000 Residents And Is Situated Some 80 Miles South West Of Bristol And 40 Miles North West Of Plymouth. Exeter Is Well Served By Transport Communications With Three Junctions To The M5 Motorway And Direct Access To The A30, A38 And A380 Dual Carriageway Linking With Cornwall, Plymouth And Torbay Respectively. Exeter Also Benefits From Two Railway Stations, St David's And Central Providing Regular Connections To London. The Property Comprises An Attractive End Terraced Grade Ii Georgian Office Building With The Accommodation Arranged Over 5 Floors Including A Basement. The Building Is Of Brick Construction Beneath A Pitch Slate Covered Roof And Enjoys A Number Of The Original Features Throughout. Internally The Property Comprises 4 Separate Office Suites All Fully Occupied And Is General Well-presented Throughout. Proposal The Guide Price Of £525,000 For The Freehold Interest Reflecting A Net Initial Yield Of 7.72% Rising To 8.17% In September 2025 After Normal Purchasers Costs. Further Information All Property Specific Information Including The Leases And Epc Can Be Obtained From The Sole Agents. The Property Has Not Been Elected For Vat And Will Therefore Not Be Chargeable To The Purchase Price. Each Party To Bear Their Own Legal Costs In The Transaction. E120. See Tenancy Schedule In Details

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About the Agent

Stratton Creber Commercial - Exeter

See Agent's Other Properties

Office Unit

£525,000 Freehold

10 Southernhay West, Exeter, EX1 1JG
Office - Available
3,502 sq ft
325 sqm
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