Vertical take-off for Harrier Court unit

A freehold unit near Exeter Airport has been sold on the first day of marketing by agents Stratton Creber Commercial.

Unit 7 Harrier Court is a mid-terrace unit which has been fitted out with a full mezzanine and now offers warehousing on the ground floor and quality offices at first floor level. The offices are fitted to a good standard, with air conditioning and glazed partitioning forming a boardroom. The unit totals 1,830 square feet and was offered with vacant possession at a price of £195,000.

On the first day of marketing, four viewings took place and two offers were received at the asking price on the same day. The sale has now completed to an organisation which has relocated from Richmond Road in central Exeter.

Jonathan Ling of Stratton Creber Commercial comments: “Demand for freehold commercial properties remains at very high levels, while very few freeholds are coming to market. This type of unit, which offers a roughly equal mix of warehousing and good-quality offices, is perhaps the most sought-after by occupiers because so few units are fitted out in this way.”

The purchaser’s former premises in Richmond Road, an elegant period property on three floors with parking to the rear, is now being offered by Stratton Creber Commercial by way of a new lease at a rent of £16,000 per annum.