Industrial Unit

For Sale / To Let Sold

21 Merchants Quay Pennygillam Industrial Estate Launceston Cornwall PL15 7QA

Industrial Unit (1,010 sq. ft, GIA)

£120,000 plus VAT

Close to A30

Description

The building is of reasonably modern construction consisting of steel frame with composite insulated panels to the walls and roof. There are skylights set in the roof providing good levels of natural light. The unit is open plan with no fixtures or fittings internally. There is a significant external yard with parking for vehicles (two spaces included with the unit).

The existing use class is understood to be Class B although the property could be suitable for various alternative uses (subject to obtaining the necessary planning consents).

Accommodation

Merchants Quay is accessed from Pennygillam Way, which is the primary arterial route through the estate with a busy flow of traffic passing. A shared level concrete compound/yard space in front of the unit provides reasonably level access onto Pennygillam Way. The building is accessed from the parking area via a short concrete ramp up to the roller shutter door (with pedestrian door set within). The internal heights are 5.12m to eaves and 5.84m. to ridge.

Legal Costs

Each party will be responsible for their own legal costs.

Price

Offers in the region of £120,000 plus VAT

Business Rates

The current rateable value (RV) is £6,600. The RV is 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. 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 on:
01208 812 812

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