Modern Office Building
Building 2, Capital Court, Exeter, EX2 7FW
- 8
Key features
Guide Price: *
£1,730,000
Fees apply
Buyer's fee:£3,600
All fees include VAT at 20%
Holding Deposit: *£1,400
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Highest bid:
£1,650,000Bid history
1 bidB
20/02/2024 15:06:29 - £1,650,000
A rare and exciting investment opportunity to acquire this detached two storey office premises, being one of four buildings within this exclusive development, located within the popular and thriving Sowton office and industrial estate on the outskirts of Exeter.
This premises enjoys high-specification services and facilities and will appeal to businesses relocating, investor landlords and the wider marketplace on the lookout for a hugely versatile office premises.
LOCATION
Capital Court is an office campus comprising four detached offices, and was developed in 2008. Occupiers include Devon County Council, Royal College of Nursing, Taylor Wimpey and The Care Quality Commission.
Building 2 most recently operated as a business centre, and is capable of occupation either as a whole or as separate ground and first floor suites. The suites have shared access via a spacious entrance lobby, and are otherwise self- contained with their own kitchens and WC facilities including disabled.
The suites are currently extensively partitioned to form offices of varying sizes accessed via an internal corridor, but all internal walls are capable of being removed to return the offices to a fully open-plan layout.
TENURE
Freehold
EPC
Rating: C.
- Modern Business Park building on ground & first floors 12,174 sq.ft (1,131 sq.m),
- With 36 car parking spaces
- Excellent road links and public transport connectivity Fibre optic lines installed (1gb capacity)
- 49kW solar array on roof
- Freehold offered with vacant possession
- Broadband connectivity
- A report on the broadband options available at this address, and the relative speeds they may offer, is available on request.
- The building has an existing fibre optic connection provided by South West Communications, which offers a 1gb capacity.
- Business Rates - Rateable value £115,000.
- Rates payable 2023/24 before any Transitional Relief: £58,880. You are advised to contact the Business Rates Department of Exeter City Council for further information: (01392) 277888.
- VAT - VAT is applicable to the purchase price.
- Services/utilities - Mains water/drainage, gas and electric are connected.
- Energy Performance Certificate - Assessed in band C.
Summary
- Auction end
- 20th Feb at 15:30
- Property type
- Commercial
- Tenure
- Freehold
- Bedrooms
- -
- Bathrooms
- 5+
- Council tax band
- Ask Agent
Summary
- Auction end
- 20th Feb at 15:30
- Property type
- Commercial
- Tenure
- Freehold
- Bedrooms
- -
- Bathrooms
- 5+
- Council tax band
- Ask Agent
This property is being sold by:
247 Property Auctions
01395247000
info@247propertyauctions.co.uk
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and 247 Property Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by 247 Property Auctions. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
