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Milford House Pynes Hl 6,041 - 14,538 SF of Assignment Available in Exeter EX2 5TH
ASSIGNMENT HIGHLIGHTS
- Located in Pynes Hill, Exeter’s premier office park
- 24 on site parking spaces
- Situated in a prime and prominent position just off the A379 in the established office campus location
- EV charger with shared visitor and disabled parking
ALL AVAILABLE SPACE(1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- SPACE USE
- CONDITION
- AVAILABLE
The First Floor Suite 1 ( North ) comprising 6,041 sq ft is available by way of an assignment of the existing lease dated 30 June 2023 which is for a term of 10 years with an upwards only rent review from 30 June 2028 at a current rent of £52,858.75 per annum until 30 June 2024 increasing yearly as follows: w.e.f 01 July 2025 £111,758.50 ( £18.50 psf ) w.e.f 01 July 2026 £114,779.00 ( £19.00 psf ) w.e.f 01 July 2027 £117,799.50 ( £19.50 psf ) The base rent with effect from 01 July 2028 will be £120,820 per annum ( £20.00 psf ). There is a tenant only option to break the lease with effect from 30 June 2028. The accommodation can be offered fully fitted and furnished and on a flexible short term lease. For details of terms for the adjoining Suite 2 ( South ) comprising 8,497 sq ft contact the agents. Refer to floor plan and Accommodation Schedule
- Use Class: E
- Fully Built-Out as Standard Office
- Fits 16 - 117 People
- Elevator Access
- Drop Ceilings
- Shower Facilities
- Open-Plan
- Open plan flexible floor layouts
- Assignment space available from current tenant
- Mostly Open Floor Plan Layout
- Central Air Conditioning
- Raised Floor
- Natural Light
- Demised WC facilities
- Impressive foyer with balconies
- Anti-glare light fittings
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor | 6,041-14,538 SF | Jun 2033 | $24.69 /SF/YR $2.06 /SF/MO $358,968 /YR $29,914 /MO | Office | Full Build-Out | Now |
1st Floor
| Size |
| 6,041-14,538 SF |
| Term |
| Jun 2033 |
| Rental Rate |
| $24.69 /SF/YR $2.06 /SF/MO $358,968 /YR $29,914 /MO |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 6,041-14,538 SF |
| Term | Jun 2033 |
| Rental Rate | $24.69 /SF/YR |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
The First Floor Suite 1 ( North ) comprising 6,041 sq ft is available by way of an assignment of the existing lease dated 30 June 2023 which is for a term of 10 years with an upwards only rent review from 30 June 2028 at a current rent of £52,858.75 per annum until 30 June 2024 increasing yearly as follows: w.e.f 01 July 2025 £111,758.50 ( £18.50 psf ) w.e.f 01 July 2026 £114,779.00 ( £19.00 psf ) w.e.f 01 July 2027 £117,799.50 ( £19.50 psf ) The base rent with effect from 01 July 2028 will be £120,820 per annum ( £20.00 psf ). There is a tenant only option to break the lease with effect from 30 June 2028. The accommodation can be offered fully fitted and furnished and on a flexible short term lease. For details of terms for the adjoining Suite 2 ( South ) comprising 8,497 sq ft contact the agents. Refer to floor plan and Accommodation Schedule
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 16 - 117 People
- Central Air Conditioning
- Elevator Access
- Raised Floor
- Drop Ceilings
- Natural Light
- Shower Facilities
- Demised WC facilities
- Open-Plan
- Impressive foyer with balconies
- Open plan flexible floor layouts
- Anti-glare light fittings
PROPERTY OVERVIEW
High specification, refurbished building provides accommodation of a high quality and impressive design over three floors. The floorplate provides open plan accommodation with reception break out area offices boardroom and meeting room. 24 on site parking spaces and one dedicated EV charger with shared visitor and disabled parking adjacent to the main entrance. The adjoining suite has a total of 34 car spaces including EV charging points. Exeter is the regional and administrative centre for Devon and is one of the fastest growing cities in the UK. Milford House is situated in a prime and prominent position just off the A379 in the established office campus location of Pynes Hill less than 1 mile from Junction 30 of the M5 motorway and less that 3 miles from Exeter City Centre with regular bus links. MILFORD HOUSE Pynes Hill is Exeter’s premier office park. It benefits from having a new Costa Coffee at its entrance and being in close proximity to Rydon Lane Retail Park and Ludwell Valley Park, one of six Valley Parks managed by the Devon Wildlife Trust. Other occupiers in the immediate location include Brewin Dolphin, Michelmores Solicitors, AXA and the NHS.
PROPERTY FACTS
| Total Space Available | 14,538 SF | Building Class | B |
| Min. Divisible | 6,041 SF | Rentable Building Area | 50,328 SF |
| Property Type | Office | Year Built | 2002 |
| Total Space Available | 14,538 SF |
| Min. Divisible | 6,041 SF |
| Property Type | Office |
| Building Class | B |
| Rentable Building Area | 50,328 SF |
| Year Built | 2002 |
Presented by
Milford House | Pynes Hl
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