Permitted Development Office Building Sold

Turner Locker Barnfield acting for Crown House Tadworth ltd  have just sold Quintana Gate in Exeter’s Bartholemew Street .The existing building comprises approx 10,968 sq ft (1,019 sqm) NIA arranged over three floors in six suites The building has a footprint of 5,258 sq ft (488.5sqm) within a site area approx 7,846 sq ft (729 sqm) Current rent receivable of £65,200 per annum from three suites with potential to significantly increase in the short term Exeter City Council has confirmed that prior appproval is not required for conversion of part of the existing building to14 provide residential units. Pendeen Real Estate management of Queens House Queen Street, London EC4N 1SP were our joint agents