Description
The unit was built in the 1980’s and consists of steel frame with composite insulated cladding panels externally and some masonry walls, with rooflights set in the roof providing reasonable levels of natural light. Parking is available to the front of the unit (approx. 5 No. small/medium vehicles). Additional parking can potentially be negotiated if required. The unit could be suitable for various uses (subject to obtaining planning consent).
Accommodation
The unit is accessed via a sliding loading door (approx. clear width 2.87m and clear height of 2.80m) or via separate double doors under a canopy. An additional fire exit is positioned to the rear of the building.
The personnel door leads to the workshop/warehouse area (approx. clear height to eaves 2.75m and ridge 3.29m). The office has good levels of light with an external window facing the parking area. There is a basic shared WC in the shed building opposite the unit which adjoins the parking area (see photograph below).
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 in the region of £25,000 per annum.
Terms
The unit is 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 foul and 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 £13,500. 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 Torridge District Council website.
VAT
The property is not understood to be elected for VAT and as such VAT will not 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.