£345,000
(£124.73/sq. ft)
Office for saleManaton Close, Exeter EX2
2,766 sq. ft
Just added
About this property
Modern Office premises with potential for Ground Floor showroom
Well fitted accommodation on ground and first floors
4 allocated car parking spaces to the front
Available on a new flexible lease
Possible sale of long Leasehold, details on request
Situation and description
These well located premises are situated on the sought after Matford Business Park on the Edge of Exeter City Centre just off of the main spine road leading through the estate. The premises therefore offer excellent access to the City but also to the A30 / M5 and A38 / A380 trunk roads. Exeter is the capital city and county town of Devon and has firmly established its reputation of being the commercial centre of the South West. The city has a population of approximately 130,000 with a ‘drive to work’ population of some 480,000 within a 45 minute catchment area. The city has two mainline railway stations plus a modern and vibrant shopping area including the Princesshay Retail centre. Exeter airport is approximately 8 miles distant with regular national and international flights
Unit 3 Oak Tree Place has been extensively fitted with a reception area, meeting room and board room on the Ground Floor together with a kitchen and toilet. On the first floor are 2 cellular offices plus a generous central open plan area together with a further toilet and a small kitchenette. The premises are well appointed and are suitable for either an office user, or possibly a showroom on the ground floor with offices over. The premises include 4 parking spaces to the front, with the current occupiers also renting additional parking spaces which could be available if required by negotiation.
Accommodation
Brief details of the accommodation with approximate maximum internal dimensions are as follows:-
Ground floor
Reception 5.32m x 2.46m (17’5” x 8’1”) max
Approached from the parking area via a glazed door with glazed side panel. Recessed entrance mat. Stairs up to First Floor. Radiator. Carpet. Doors to ….
Office No 1 5.44m x 5.42m (17’10” x 17’9”
Large glazed window to the front. Radiators. Suspended ceiling with integrated strip lighting.
Store Cupboard 2.69m x 2.61m (8’10” x 8’7”) max
Useful walk in storage cupboard / Dead file store.
Glazed Office 4.00m x 2.72m (13’2” x 8’11”) max
Office or meeting room. Glazed panels to 3 walls with frosted panels. Carpeted. Suspended ceiling with integrated overhead lighting. Ceiling mounted Air con cassette.
Board Room 5.64m x 4.05m (18’6” x 13’3”) max
Spacious office with glazed walls to 2 walls with frosting. Carpeted. Overhead lighting. Air extraction system.
Kitchen 3.29m x 2.69m (10’9” x 8’10”) max
Range of wall and base units with worktop and inset stainless steel sink unit with single drainer. Tiled splashback. Zip hot eater boiler. Altro flooring. Radiator. Suspended ceiling with inset LED lighting.
Ladies Toilet
Low level WC suite and wash hand basin.
Comms Cupboard and Understairs Cupboard
Double doors with shelving as fitted.
First floor
Office 15.86m x 7.92m (52’0” x 25’11”) max
Open plan with 2 cellular offices at each end. Suspended ceiling. Hvac air con / heating units. Carpeted. Overhead LED lighting.
Office Front 4.37m x 3.51m (14’4” x 11’6”) max
Window to the front. Carpeted. Suspended ceiling with integrated Aircon cassette.
Office Rear 4.40m x 3.52m (14’5” x 11’6”) max
Window to the rear. Glazed partitions to 2 elevations with frosting. Aircon cassette. Suspended ceiling with strip lighting.
Kitchenette 3.18m x 1.94m (10’5” x 6’4”) max
Wall and base units with inset stainless steel sink unit with single drainer. Tiled splashback. Space for fridge and dishwasher under. Altro flooring.
Toilet
Low level WC suite with wash hand basin.
Externally
The property benefits from 4 allocated car parking spaces in the front courtyard area. In addition, the current occupiers rent up to 6 car parking spaces from an adjoining owner on the estate, and these could be available if required. Further details are available on request from the agents.
Services
We understand that mains water, drainage, gas and electricity are available to the premises.
Rent and tenure
The premises are available by way of a new 6 or 10 year Fri lease with a midterm upwards only rent review, at a rental of £28,950 pax plus VAT. A tenant only break clause could also be incorporated at the mid-way point if required. A service charge is levied on each of the units on the estate for the costs on maintaining the common areas of the Estate. The lease will be contracted outside of the Landlord and Tenant Act.
Alternatively offers are sought in the region of £345,000 plus VAT for the remainder of the 125 year long leasehold interest (expires 31st January 2114) subject to a fixed peppercorn ground rent.
VAT
VAT is chargeable on the rent and service charge.
Business rates
Rateable Value £18,250 (2026 Valuation List)
For further information and for the Rates payable, contact Exeter City Council Business Rates Department. Energy performance certificate
An energy performance certificate has been obtained for the premises. A summary is below with the full version available to download from the web site. The rating is: - C 65
Anti money laundering regulations compliance
A successful tenant or purchaser will be required to provide proof of identity and address, plus proof of funds to satisfy the Anti Money Laundering requirements when Heads of Term are agreed.
Legal costs
A contribution of £395 plus VAT will be required towards the Landlords legal and administration costs for setting up a new lease.
Each party will be responsible for their own legal costs for a sale.
Viewing
Strictly by prior appointment only with the sole agent, for the attention of Tony Noon Ref (0494)
These well located premises are situated on the sought after Matford Business Park on the Edge of Exeter City Centre just off of the main spine road leading through the estate. The premises therefore offer excellent access to the City but also to the A30 / M5 and A38 / A380 trunk roads. Exeter is the capital city and county town of Devon and has firmly established its reputation of being the commercial centre of the South West. The city has a population of approximately 130,000 with a ‘drive to work’ population of some 480,000 within a 45 minute catchment area. The city has two mainline railway stations plus a modern and vibrant shopping area including the Princesshay Retail centre. Exeter airport is approximately 8 miles distant with regular national and international flights
Unit 3 Oak Tree Place has been extensively fitted with a reception area, meeting room and board room on the Ground Floor together with a kitchen and toilet. On the first floor are 2 cellular offices plus a generous central open plan area together with a further toilet and a small kitchenette. The premises are well appointed and are suitable for either an office user, or possibly a showroom on the ground floor with offices over. The premises include 4 parking spaces to the front, with the current occupiers also renting additional parking spaces which could be available if required by negotiation.
Accommodation
Brief details of the accommodation with approximate maximum internal dimensions are as follows:-
Ground floor
Reception 5.32m x 2.46m (17’5” x 8’1”) max
Approached from the parking area via a glazed door with glazed side panel. Recessed entrance mat. Stairs up to First Floor. Radiator. Carpet. Doors to ….
Office No 1 5.44m x 5.42m (17’10” x 17’9”
Large glazed window to the front. Radiators. Suspended ceiling with integrated strip lighting.
Store Cupboard 2.69m x 2.61m (8’10” x 8’7”) max
Useful walk in storage cupboard / Dead file store.
Glazed Office 4.00m x 2.72m (13’2” x 8’11”) max
Office or meeting room. Glazed panels to 3 walls with frosted panels. Carpeted. Suspended ceiling with integrated overhead lighting. Ceiling mounted Air con cassette.
Board Room 5.64m x 4.05m (18’6” x 13’3”) max
Spacious office with glazed walls to 2 walls with frosting. Carpeted. Overhead lighting. Air extraction system.
Kitchen 3.29m x 2.69m (10’9” x 8’10”) max
Range of wall and base units with worktop and inset stainless steel sink unit with single drainer. Tiled splashback. Zip hot eater boiler. Altro flooring. Radiator. Suspended ceiling with inset LED lighting.
Ladies Toilet
Low level WC suite and wash hand basin.
Comms Cupboard and Understairs Cupboard
Double doors with shelving as fitted.
First floor
Office 15.86m x 7.92m (52’0” x 25’11”) max
Open plan with 2 cellular offices at each end. Suspended ceiling. Hvac air con / heating units. Carpeted. Overhead LED lighting.
Office Front 4.37m x 3.51m (14’4” x 11’6”) max
Window to the front. Carpeted. Suspended ceiling with integrated Aircon cassette.
Office Rear 4.40m x 3.52m (14’5” x 11’6”) max
Window to the rear. Glazed partitions to 2 elevations with frosting. Aircon cassette. Suspended ceiling with strip lighting.
Kitchenette 3.18m x 1.94m (10’5” x 6’4”) max
Wall and base units with inset stainless steel sink unit with single drainer. Tiled splashback. Space for fridge and dishwasher under. Altro flooring.
Toilet
Low level WC suite with wash hand basin.
Externally
The property benefits from 4 allocated car parking spaces in the front courtyard area. In addition, the current occupiers rent up to 6 car parking spaces from an adjoining owner on the estate, and these could be available if required. Further details are available on request from the agents.
Services
We understand that mains water, drainage, gas and electricity are available to the premises.
Rent and tenure
The premises are available by way of a new 6 or 10 year Fri lease with a midterm upwards only rent review, at a rental of £28,950 pax plus VAT. A tenant only break clause could also be incorporated at the mid-way point if required. A service charge is levied on each of the units on the estate for the costs on maintaining the common areas of the Estate. The lease will be contracted outside of the Landlord and Tenant Act.
Alternatively offers are sought in the region of £345,000 plus VAT for the remainder of the 125 year long leasehold interest (expires 31st January 2114) subject to a fixed peppercorn ground rent.
VAT
VAT is chargeable on the rent and service charge.
Business rates
Rateable Value £18,250 (2026 Valuation List)
For further information and for the Rates payable, contact Exeter City Council Business Rates Department. Energy performance certificate
An energy performance certificate has been obtained for the premises. A summary is below with the full version available to download from the web site. The rating is: - C 65
Anti money laundering regulations compliance
A successful tenant or purchaser will be required to provide proof of identity and address, plus proof of funds to satisfy the Anti Money Laundering requirements when Heads of Term are agreed.
Legal costs
A contribution of £395 plus VAT will be required towards the Landlords legal and administration costs for setting up a new lease.
Each party will be responsible for their own legal costs for a sale.
Viewing
Strictly by prior appointment only with the sole agent, for the attention of Tony Noon Ref (0494)
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Monthly repayment
£1,725 per month
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