Retail Warehouse & Industrial Units

To Let Let Agreed

2 Pennygillam Way Pennygillam Industrial Estate Launceston Cornwall PL15 7ED

Retail Warehouse & Industrial Units (approximately 2,011 — 20,008 sq.ft, GIA)

From £12,000 plus VAT per annum

Flexible space & terms available


The buildings are a mixture of steel frame with composite boxed profile wall and roof cladding or steel frame with concrete block infill and corrugated sheet roof coverings. Skylights are set in some roofs providing good natural light. A generous sized yard surrounding the site and parking can be negotiated as required. The complex is accessed directly from Pennygillam Way. The former use of the site was as a retail warehouse to the front with warehouse storage to the side and rear. The units could be suitable for various uses (subject to obtaining appropriate planning consents if required).


The property can be taken as one or split to suit requirements and could be suitable for various requirements (subject to negotiation and planning consent).  There is a level external forecourt area adjoining the retail warehouse (which includes numerous toilet and office facilities) and significant yard and parking space to the side. The primary retail warehouse (2.75m to eaves and 4.7m to ridge) is accessed from a large entrance lobby accessed from parking to the front.

Warehouse 1 has a roller shutter door with a clear opening of 5.50m and height of 3.18m and is 2.75m to eaves and 4.7m to ridge.

Warehouse 2 has a roller shutter door with a clear opening of 3.56m and height of 3.55m and is 2.75m to eaves and 4.7m to ridge.

Warehouse 3 has a roller shutter door with a clear opening of 3.50m and height of 4.19m and is 4.34m to eaves and 5.9m to ridge.

Legal Costs

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

Price Guides

All prices are exclusive of VAT and quoted per annum. Parking and yard space can be negotiated separately as required. Price guides might vary if different space requirements are negotiated.
Retail Warehouse—£55,000 (space can potentially be split)
Warehouse 1—£12,000 UNDER OFFER
Warehouse 2—£12,000
Warehouse 3—£17,000

Business Rates

The rateable value (RV) is £75,500 for the whole property. The RV is stated on the Valuation Office Agency (VOA) website service (effective date 1st April 2017). Information concerning how rates are calculated are available on the Cornwall Council website. The property will need to be revalued by the VOA once the space is subdivided. It is possible prospective tenants could be eligible for small business rates relief (to be confirmed with Cornwall Council prior to agreeing terms).


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.