Description
Detached warehouse/office building of reinforced concrete frame construction with later extensions of steel frame. The building includes a two storey office/welfare block to the front. The external walls are of masonry (rendered concrete block and some red brick) and some sections of insulated metal wall cladding. The main roof (Units 1 & 2) has been renewed in recent years with composite insulated metal sheet roof cladding. The property is understood to have planning consent for light industrial use. The property could be suitable for alternative uses subject to obtaining appropriate planning consents.
Accommodation
Unit 1 is accessed via a pedestrian access door to the front which leads to a reception within a two storey office and welfare block including toilets and shower, offices and a store. The office block leads to Warehouse 1. A wall will be erected to divide Unit 2 from Unit 1 and the door to Unit 3 will be blocked up. Unit 2 is accessed from a roller shutter door. A new toilet and personnel door are proposed for Unit 2. Unit 1 will have parking facilities to the front and northern side of the property and Unit 2 will include parking to the southern side of the site. Unit 3 includes it own toilet facility and a secure exclusive yard space to the rear. Each of the three warehouses includes a roller door linking to the yard. The roller doors for Units 1 and 3 are electrically operated. Approximate clear openings of roller doors together with heights of each warehouse are included on the accompanying Indicative Floor Plans. The building is set within a site of approximately 0.8 acres providing space for external storage or further development of the site as required.
Legal Costs
Each party will be responsible for their own legal costs.
Price
Offers for the annual rental are sought in the region of the following:
Unit 1 – £42,000 (including parking to the front and northern side of the site)
Unit 2 – £14,000 (including parking to the southern side of the site)
Unit 3—£24,000 (including the exclusive yard)
The above prices exclude VAT which is chargeable on the rent.
Lease Terms
The units are available on an effective full repairing and insuring basis with a proportional contribution towards the repair/maintenance of the building by way of a service charge when required. There will be a contribution towards cyclical maintenance and repairs of common areas such as surface water drainage, drives, pathways and hedges etc” as required via a fixed maintenance rent of 5% plus VAT of the passing annual rent. The Landlord will recover the proportional cost of buildings insurance from the tenant (premium to be confirmed). The Landlord envisages a lease term of three years or more. The property will be available with vacant possession.
Business Rates
The current rateable value (RV) is £41,250. The RV is as stated on the Valuation Office Agency (VOA) website service (effective date 1st April 2023). Information concerning how rates are calculated are available on the Cornwall Council website. Rates will need to be split following assessment.
VAT
The property is elected for VAT and as such VAT will be chargeable on any rent or sale.
Subject to Contract
This brochure is for guidance purposes only and does not constitute an offer or contract. All descriptions, particulars and dimensions stated are understood to be correct, but prospective purchasers or tenants must satisfy themselves that the information is correct and not rely on the information if entering into a contract or incurring expenses.
Viewing Arrangements
Viewings are by appointment only. Contact Phil Wiltshire on:
01208 812 812
For full details please download the PDF Brochure, which also contains some useful links.