Industrial Units

To Let

Units 34 E&F Compass Business Park Pipers Close Pennygillam Industrial Estate Launceston PL15 7EB

34 E - 2,598 sq.ft (IPMS 4.2) of which 1,103 sq.ft is first floor - £16,500 PAX

34 F - 3.205 sq.ft (IPMS 4.2) - of which 692 sq.ft is open mezzanine - £23,500 PAX

Units can be taken together or split individually

Close to A30

Description

The units are of modern construction consisting of steel frame with composite insulated cladding panels externally and some masonry walls. Rooflights set in the roof provide good levels of natural light. Parking is available to the front of the units (3 bays per unit). Additional parking/storage land can potentially be negotiated if required. The units could be suitable for various uses (subject to obtaining planning consent).

Both units include mezzanines, office/storage rooms and other facilities (see indicative floor plans).

Accommodation

Unit 34 E
The property is accessed from Pipers Close off Pennygillam Way (the primary route through the estate). See the accompanying floor plans showing layout.

The unit can be accessed via an electric roller shutter door (approx. width 3.98m and height of 4.5m) or via a separate personnel door.
The personnel door leads to Lobby 1 which links to Warehouse 1 (approx. clear height to eaves 5.6m and ridge 7.5m). Room 1 can be accessed from Lobby 1. Room 2 is accessed off Warehouse 1, where a double set of doors provide access to Unit 34F (this opening can be blocked up if units are taken separately). Lobby 2 leads to the WC, Lobby 3, the fire exit and stairs to the first floor Mezzanine and Rooms 3, 4 and 5. There is also a Kitchenette on the first floor.

Unit 34 F 
The property is accessed from Pipers Close off Pennygillam Way (the primary route through the estate). See the accompanying floor plans showing layout.

The unit can be accessed via an electric roller shutter door (approx. width 4.0m and height of 4.50m) or via a separate personnel door.
The personnel door leads to Warehouse A (approx. clear height to eaves 5.6m and ridge 7.5m) which links to a WC and Rooms A, B and C. Room B includes a double set of doors providing access to Unit 34E (this opening can be blocked up if units are taken separately). There is a sink set in a worktop in Warehouse A and a fire exit to the rear. There is a spiral staircase in Warehouse 1 to an open mezzanine (no edge protection) over Rooms A to C.

Legal Costs

The prospective tenant will pay the landlord’s reasonable legal costs in respect of preparation of the lease. Subject to a maximum of £1,500 plus VAT.

Price

Offers for the annual rent are invited as guided below:
Unit 34 E – £16,500 plus VAT PA.
Unit 34 F – £23,500 plus VAT PA.

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 values (RV) are as follows: Unit 34E is £16,750, Unit 34F is £16,000. The RV’s are as stated on the Valuation Office Agency (VOA) website service (effective dates 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 the rent.

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.