Industrial Unit/Potential Trade Counter

To Let Let Agreed

Units 6-8 Douglas Business Park Pennygillam Way Pennygillam Industrial Estate Launceston Cornwall PL15 7FU

New Build Industrial & Potential Trade Counter Units (approximately 1,166—5,594 sq. ft, GIA)

From £8,750 plus VAT per annum

Sought after prominent location on Pennygillam Way close to A30

Description

The new build units are steel frame with composite boxed profile powder coated wall and roof cladding. There are skylights set in the roof providing good levels of natural light. Each unit is offered with two parking bays. Additional parking can be negotiated if required. The existing workshop building shown in the photograph opposite is due to be reclad and to have two new glazed entrances fitted ready for Tenant fit out. There are two access points from a ring road linking the site with Pennygillam Way. The units could be suitable for various uses (subject to obtaining appropriate planning consents).

Accommodation

Douglas Business Park is accessed from level entrances off Pennygillam Way, which is the primary arterial route through the estate with a busy flow of traffic passing. Douglas Business Park has been created from space adjoining the motorship dealer Spry’s of Launceston, who will continue to occupy part of the site. The national trade counter business Toolstation Ltd. are due to occupy a re-clad Unit 2 during 2020 together with Hawkins Motors Ltd. in units 3-5 (both under offer). Each of the new build units (6-8) will include electric roller doors (clear width 3.48m and height of 4.01m) and can be combined or taken individually and internally fitted to suit (4.09m to eaves and 5.9m to ridge). The former parts trade counter (Unit 1) will have a new glazed entrance and be refurbished to shell condition ready for tenant fit out. There is a roller door to the rear for loading (clear width 3.98m/height of approximately 3.6m—subject to change when re-clad).

Legal Costs

The prospective tenant will pay the landlords reasonable legal costs in respect of preparation of the lease. Subject to a maximum of £950 plus VAT.

Price

Offers in the region of £8,750 plus VAT are sought for the annual rental of each new build unit. The former parts trade counter to the front (Unit 1) is offered at £22,000 plus VAT per annum.

Terms

The property is available on an effective full repairing and insuring basis (with a proportional contribution towards repair/maintenance). The landlord will recover the cost of 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 rateable value (RV) will be assessed when the units are complete. The RV will be stated on the Valuation Office Agency (VOA) website service. Information concerning how rates are calculated are available on the Cornwall Council website. It is possible prospective tenants could be eligible for small business rates relief (to be confirmed with Cornwall Council prior to agreeing terms).

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 BSc(Hons) MRICS on:
01208 812 812

For full details please download the PDF Brochure, which also contains some useful links.