Exeter City Council - Property Availability & Cost
Overall Summary
Exeter is a good place to do business. It is a thriving accessible city. Exeter has over 60 ha of available prime employment land. The city is home to a diverse range of national and regional headquarters and world class research institutions. It is a regional capital and one of Great Britain’s premier retail centres.
Exeter attracts around 7.5 million day visitors and 2 million over night visitors. In comparison to many UK cities, Exeter offers low commercial rents, rates, and competitive salaries. Exeter should be on any investor or business' radar.
Search our commercial property database.
Manufacturing/Industrial
To find a good location, search our comprehensive commercial property and employment sites database, and register on the Exeter and Heart of Devon Commercial Property Register.
For example, 12ha of land is available for development in Matford Business Park, Exeter, whilst 37ha of land will be developed at Skypark, adjacent to Exeter International Airport.
Annual Rent Range: Up to £6 per sq. ft.
Local Business Rates: £1.90
Warehousing/Distribution
Exeter is at the centre of the South West Region. It has good road, rail, and air communication links across the UK and into mainland Europe. Our economy is a good location for businesses seeking to store and distribute goods to their branch networks and also to their customers.
Exeter has an Intermodal Freight Terminal in development. It will provide over 656,000 sq ft (61,000 sq m) of space. It is located to the north of Exeter International Airport. Facilities will include a rail freight terminal and handling facilities for distribution. For example, in 2012, Sainsbury’s will open a new distribution centre to supply its stores throughout Devon and Cornwall.
For current availability, search our comprehensive commercial property and employment sites database, and register on the Exeter and Heart of Devon Commercial Property Register.
Annual Rent Range: Up to £6 per sq. ft.
Local Business Rates: £1.90
Headquarters/Regional Offices
Exeter is the principal economy west of Bristol. The area is home to a range of national and regional headquarters. For example, Bank of England, Met Office, Flybe, Goodridge, Natural England, EDF Energy, and South West Water.
Exeter has 14 business and industrial parks, with quality office accommodation and efficient transport and communication links.
Current availability can be found on our commercial property database.
Annual Rent Range: Up to £15 per sq. ft.
Local Business Rates: £3.90
Back Offices/Call Centres/Administration Centres
Exeter is a good location for companies that provide back office support, call centres, and administration centres. Companies locating their regional and national provision include for example, EDF Energy, BT, Sitel Limited and LSL Property Services Limited. For current availability, please check our commercial property database.
Annual Rent Range: Up to £15 per sq. ft.
Local Business Rates: £3.90
Serviced Office Accommodation
Exeter has numerous centres that provide a good working environment for businesses. Provision available includes flexible lease terms, reception, and business administration support and specialist assistance for innovative leading edge businesses. See the current availability by searching our comprehensive commercial property and employment sites database, and register on the Exeter and Heart of Devon Commercial Property Register.
Annual Rent Range: Up to £25 per sq. ft.
Light Industrial
Search for current premises in our comprehensive commercial property and employment sites database, and register on the Exeter and Heart of Devon Commercial Property Register.
Annual Rent Range: Up to £6 per sq. ft.
Local Business Rates: £1.90
Business Parks
There are 14 core business locations across Exeter and at Exeter International Airport. For information and to download a map of the business parks and industrial estates in and around the city, visit the council website.
Annual Rent Range: Up to £8 per sq. ft.
Local Business Rates: £3.90
Research & Development, Innovation, Science Parks
Exeter is a good location for those businesses wanting close links with a world class research university. The University of Exeter has an established track record of outstanding research and expertise that delivers innovative solutions in collaboration with business, industry, and government.
The Innovation Centre on the campus of the University of Exeter provides serviced office and laboratory space to knowledge based organisations undertaking research and development. Units are available from 350 and 2,314 square feet. There is a staffed central reception, secure internal VLAN, access to a high specification phone system and IT services, and access to a conference centre, café, and business and technology support services.
Exeter’s 24-ha Science Park aims to accommodate future growth and demand, with integrated support from the University of Exeter. It will offer extensive facilities encouraging enterprise, science -and research and development through high quality space for businesses.
Annual Rent Range: Up to £20 per sq. ft.
Local Business Rates: £3.10
Land/Greenfield Sites
To view current land availability, visit our our commercial property database and register on the Exeter and Heart of Devon Commercial Property Register. For example, 12 hectares of land are available for development in Matford Business Park, Exeter, whilst 37ha of land will be developed at Skypark, adjacent to Exeter International Airport.
Retail
Exeter is one of only ten quality retail centres in Great Britain. Annually, the city attracts millions of day and overnight visitors. Princeshay is Exeter’s flagship retail offer. John Lewis is due to open one of its main departmental stores in the 3rd quarter of 2012.
To search for currently available retail space, search our commercial property database and register on the Exeter and Heart of Devon Commercial Property Register. Alternatively, see all of the commercial agents providing services for the lease and purchase of retail premises within Exeter and the Heart of Devon.
Annual Rent Range: Up to £35 per sq. ft.
Flexibility of Leases
Flexible lease accommodation is available in Exeter. This ranges from one-hour, 24-hour easy in/easy out options, to longer term leases negotiated with the agent leasing the accommodation.
