* Competitive rent
* Prime frontage to Magnolia Walk
* Close proximity to car parks
* Corner plot with large, open plan sales area
* Short term lets considered
* Nearby retailers include New Look, M&Co and Co - op
* Total area of approx 3, 140 sq ft / 292 sq m
* Ground floor sales area of approx 1, 788 sq ft / 166. 09 sq m . Additional further storage on ground and first floor.
2 Chapel Street compromises an end of terrace two storey building with brick
façade under a flat roof with a single storey extension.
Access is via double pedestrian doors on the front elevation and there are two
further access points on the side elevation fronting Church Street for
loading.
Frontage with window display areas are provided via two mid height windows
adjoining Church Street and on the front elevation facing Magnolia Walk.
Internally, the property is arranged to provide a large open plan sales area
with access to the side for loading. Staff welfare facilities and a stairwell
to the upper floors provides a staff room / office and stores.
**Location**
Exmouth is a popular East Devon coastal town situated at the start of the
Jurassic Coast and lying approximately 12 miles South East of Exeter, with a
population of approximately 35, 000.
The property is located at the southern end of Chapel Street in the Magnolia
Shopping Centre benefitting from a very good retail pitch on a corner
location. The Magnolia Shopping Centre is well represented with a strong
mixture of national and independent traders including the Co - op, M & Co,
Boots, Superdrug, Carphone Warehouse, Card Factory, New Look and wh Smith.
**Accommodation**
All areas are approximate and measured in accordance with the RICS Property
Measurement (2nd Edition).
**Planning**
**Rent / Price**
£32, 500 pax
**Service Charge**
**Business Rates**
From the Valuation Office Agency website () we understand that the current
Rateable Value is £40, 500 effective from the 1st April 2017 reference . From
the 1st April 2023 a new rating list comes into effect which will see the
Rateable Value reduce to £34, 500, making the approximate Rates Payable £17, 216
per annum for 2023/24.
Interested parties should make their own enquiries with the East Devon
District Council on .
**Services**
We understand that mains electricity, water and drainage are connected to the
property however these services have not been tested by the agents. Interested
parties should make their own enquiries.
**EPC**
An Energy Performance Certificate has been carried out on this property and
can be viewed by going to and entering the certificate reference number . The
property is rated Band C (66)
**Legal Fees**
Each party to be responsible for their own legal fees in relation to this
transaction.
**VAT**
All figures quoted are exclusive of VAT which is applicable.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

Similar properties: