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6 The Strand 2,177 SF of Assignment Available in Exeter EX3 0JB
Assignment Highlights
- Restaurant unit in town centre waterside location
- Large terrace for external dining
- Car park adjacent
- Available by way of lease assignment: Passing rent £30,000 p.a.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 2,177 SF | Jul 2047 | $18.55 /SF/YR $1.55 /SF/MO $40,382 /YR $3,365 /MO | Fully Repairing & Insuring |
Ground
The property is offered by way of assignment of the current lease, which is for a term to 7th July 2047, with tenant-only break option on 8th July 2032. The passing rent is £30,000 per annum, subject to review on 18th October 2026 and 5-yearly thereafter. The lease contains an option to renew at the end of the term until 7th July 2072. Assessed as ‘restaurant and premises’ with a rateable value from April 2026 of £14,500. The rates payable in the year 2026/27, before any applicable reliefs, are understood to be £5,539. Small Business Rates Relief is currently available to qualifying companies in respect of the property.
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Secure Storage
- Energy Performance Rating - B
- Demised WC facilities
- Former maritime warehouse building
- Converted to a restaurant
- Outdoor seating
- Manager’s office on first floor
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
Select Tenants at 6 The Strand, Exeter, DEV EX3 0JB
- Tenant
- Description
- UK Locations
- Reach
- Rockfish
- Restaurant
- 2
- Regional
| Tenant | Description | UK Locations | Reach |
| Rockfish | Restaurant | 2 | Regional |
Property Facts
| Total Space Available | 2,177 SF | Gross Leasable Area | 2,322 SF |
| Property Type | Retail | Year Built | 1987 |
| Property Subtype | Restaurant |
| Total Space Available | 2,177 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 2,322 SF |
| Year Built | 1987 |
About the Property
A former maritime warehouse building, which has been converted to a restaurant on two sides of a terrace which provides outdoor seating. The accommodation is all on ground floor, apart from a manager’s office on first floor, and is currently laid out as an open-plan dining area with bar, commercial kitchen and cellars/stores, and WCs (4 cubicles). The dining areas have two sets of bi-fold doors leading onto the terrace, plus glazed entrance door, and the interiors are partially fitted out including tiled floor. The commercial kitchen has been stripped but provides mains gas, water and drainage and ventilation. The property is located on The Quay in the town centre, which is a focal point for visitors to the town, with a pay-&-display car park, an antiques emporium and several dining and drinking options as well as views along the estuary.
Presented by
6 The Strand
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