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 (Warehouse 1) has been renewed in recent years with composite insulated metal sheet roof cladding and has solar panels fitted. 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
The building 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 the main warehouse which links to two further warehouse extensions. There is an accessible toilet facility to the rear of the building in Warehouse 3. Each of the three warehouses includes a roller door linking to the yard. The roller doors for Warehouses 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. There is an uninsulated steel frame shed with metal sheet cladding externally together with two external plant rooms. 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. The property has a 30 kW photovoltaic array (solar panels). Electricity generated by the system can be sold to Tenants at a discount.
Legal Costs
Each party will be responsible for their own legal costs.
Price
Offers in the region of £80,000 per annum for rental or £950,000 for the freehold interest (both plus VAT).
Lease Terms
The property is available on a full repairing and insuring basis. The landlord will recover the cost of insurance from the tenant (premium to be confirmed). The landlord envisages leases of 10 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.
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.