Market Leads & Opportunities

Work underway on Exeter local centre

Source: https://www.insidermedia.com/news/south-west/work-underway-on-exeter-local-centre

Work is underway on the construction of a local centre in Exeter.The Tithebarn Local Centre development, located at Tithebarn Way, is being undertaken by Eagle One, who are based in the city.The local centre will form a key part of the increasingly well-established and vibrant Tithebarn mixed-use development area. It will comprise of more than 1,600 houses, major commercial developments including Exeter Gateway Office Park and Exeter Science Park and a new hotel.A focal point for the community, the local centre will be less than a mile from Junction 29 of the M5. It is also in very close proximity to the free to use 300 space “Park and Change” facility.Already secured is a letting of part of the ground floor with a national convenience store operator.Available on the remainder of the ground floor is a high profile 1,100 sq ft unit suitable for either café or restaurant use.The first floor will provide 4,780 sq ft of versatile accommodation specifically targeting healthcare or community operators. This could be suitable for services such as doctors’ and dentist surgeries, physiotherapy, opticians, pharmacies or clinical hubs among other essential community uses.Alder King in Exeter is marketing the first floor and remaining ground floor space.Alder King partner Noel Stevens said: “The healthcare industry is one of the world’s fastest growing markets, with demand for good quality, well-located space at a premium. This Local Centre provides a unique opportunity for a high profile, self-contained healthcare or community use in a prominent building within an established and growing community.”