Industrial Unit/Warehouse

To Let

12 Kings Hill Industrial Estate Bude Cornwall EX23 8QN

Modern industrial unit (5,653 sq.ft, GIA)

Warehouse of 4,072 Sq.ft.

Mezzanine of 1,581 Sq.ft.

OIRO £26,000 plus VAT per annum

Description

The building consists of a steel portal frame with concrete block walls and composite insulated wall and roof cladding. The units are recently constructed. The units have been built to replace fire damaged buildings that previously occupied the site.

The existing lawful use class is understood to be B1/B8 (light industry and storage respectively). The property could be suitable for alternative uses subject to obtaining any planning consents if necessary.

Accommodation

The warehouse unit has an internal eaves height of approximately 4.50m (15 ft) and a ridge of 6.48m (21ft). A masonry concrete block wall separates unit 12 from the adjoining unit 12a. The warehouse was linked to an adjoining office by a doorway, but this access will be blocked off.

Legal Costs

The prospective tenant will pay the landlords reasonable legal costs in respect of preparation of the lease. Subject to a maximum of £800 plus VAT.

Price

Offers in the region of £26,000 plus VAT are sought for the annual rental of unit 12.

Terms

The unit is available on a full repairing and insuring basis. The landlord will recover the cost of insurance from the tenant. The landlord envisages a lease term of three years or more. The unit is available from 1st May 2022.

Business Rates

The current rateable value (RV) is £25,750 but includes the office in 12A and is the subject of a rates appeal so will be adjusted accordingly. The RV is as stated on the Valuation Office Agency (VOA) website service (effective date 15th July 2018). 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 BSc(Hons) MRICS on:
01208 812 812

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