Description
The building is of modern construction consisting of concrete block and steel frame with insulated cladding panels. There are skylights set in the roof providing good levels of natural light. The unit is at the end of a terrace and largely open plan but includes an accessible toilet. There is a significant shared external yard with vehicle parking in marked bays.
The existing use classes are understood to be B1 (business)/now E(g) and B8 (storage and distribution), although the property could be suitable for various alternative uses (subject to obtaining the necessary planning consents).
Accommodation
The property is accessed from Pennygillam Way, which is the primary arterial route through the estate and has a regular flow of traffic passing. The property is set level with the entrance onto the road within a secure fenced compound to the front and sides which is shared with adjoining units. The building is accessed by pedestrians from the parking area via a personnel door or for vehicles by a roller shutter door (clear width approx. 3m and height of 3.38m) directly to the main warehouse area of the unit (approx. 3.9m to eaves and 5.33m to ridge). There is a toilet within the main warehouse.
Legal Costs
Each party will be responsible for their own legal costs as required.
Price
Offers in the region of £7,750 (no VAT) are sought for the annual rental of the unit.
Terms
The property is available on an effective full repairing and insuring basis. A maintenance rent of 2.5% of the annual rent will be charged in addition to the rent for the maintenance of common areas and the site generally. 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 for a 1954 Act protected lease (any agreement of shorter duration would be contracted out of the 1954 Act (further information available upon request). The property will be available with vacant possession from the 1st May 2023.
Business Rates
The current rateable value (RV) is £5,100 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. It is possible prospective tenants could be eligible for small business rates relief (to be investigated by interested parties as required).
VAT
The property is not 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.