Co-operative Estates, advised by Vickery Holman Property Consultants, have just completed the sub-letting of a prominent office suite in Plymouth’s City Centre.
Centre Court is a two storey building constructed in the 1980s located on Exeter Street, being one of the main routes into the City Centre. As such it is within close proximity of the Drake Circus Retail Shopping Centre, Jurys Inn Hotel, and Old Tree Court, home of the Department of Work & Pensions.
The 6,680 sq ft self contained first floor suite provides open plan space set around a central light well, and has been let to Plymouth Community Healthcare CIC for use as a centre for Psychological Therapies.
Plymouth Community Healthcare CIC have signed a new co-terminus sub-lease expiring in March 2016, following the successful acquisition of planning consent for a change of use. The building has been let at a figure approaching its asking rent and includes the benefit of 7 allocated car parking spaces.
Joanne Harwood from Vickery Holman comments, “The ongoing economic difficulties are having a particular impact on Plymouth’s office sector, so it is pleasing to report a success story such as this.
The property offers some of the best quality of second hand offices available in the city and it is this overall condition, which we believe has helped us now achieve full occupancy.”
