Description
The buildings are of modern steel frame construction with insulated metal cladding to the walls and roof. There are skylights set in the roof providing good levels of natural light. The units are open plan internally. There is an external yard with rights to park vehicles in front of the units.
The existing use class is understood to be for “Industrial Units” although the property could be suitable for various alternative uses (subject to obtaining the necessary planning consents).
Accommodation
The site plan shows the freehold land and units available. The areas of the plan inside the red lines without coloured hatching show the land and buildings being sold. Units can be sold individually, although the retained land will be sold with Units 9 or 22. Unit 22 could be sold with its own land if all remaining land is not retained with a Unit 9 sale.
A shared concrete yard space in front of the units provides reasonably level access on to Pennygillam Way. The buildings are accessed from the parking area via a concrete yard to pedestrian wicket gates set within roller doors. Unit 4 has toilet facilities. Unit 9 has a shower fitted in the former toilet facility (a toilet could be fitted instead) and Unit 22 has a toilet facility but it is not connected to a water supply.
Tenants are responsible for the internal repair of units (to include roller doors) and contribute to exterior maintenance of the buildings and site by way of a fixed maintenance rent. The cost of buildings insurance is recovered from tenants by the Landlord.
Legal Costs
Each party will be responsible for their own legal costs.
Price
Offers are invited for the remainder of the freehold interest of the property based on the guide prices below (all prices are plus VAT).
Units are priced individually and available for offers in the region of :
Unit 4 £120,000
Unit 9 (including remaining land but excluding Unit 22 land) £190,000
Unit 11 £120,000
Unit 22 (including adjacent land and Unit 23 container) £160,000
Terms
Units are available tenanted (some with Landlord break clause). Lease details available upon request. Any sale will include an estate service charge for maintenance of common areas.
Business Rates
The current Rateable Value (RV) for each unit is as follows:
Unit 4 £6,700, Unit 9 £6,900, Unit 11 £6,700, Unit 22 – TBC with the Valuation Office Agency. 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.