Industrial Unit

To Let Let Agreed

Unit 12D Quarry Crescent Pennygillam Industrial Estate Launceston Cornwall PL15 7PF

Industrial unit (918 sq.ft - IPMS 2)

£10,000 plus VAT per annum (PA)

Close to A30

Description

The unit is of new build construction consisting of a steel frame with composite insulated cladding panels externally and some masonry walls internally. Rooflights set in the roof provide good levels of natural light. Parking is available to the front of the unit. Additional parking can potentially be negotiated if required.

The unit could be suitable for various uses (subject to obtaining planning consent).

Unit 12D is open plan.

Accommodation

The property is accessed from Quarry Crescent, which is just off Pennygillam Way (the primary route through the estate).

The unit can be accessed via an electric roller shutter door (approx. width 3.39m and height of 3.57m) or via a separate personnel door.

Unit 12D is open plan.  There are services to install a toilet as required.

Legal Costs

The prospective tenant will pay the landlord’s reasonable legal costs in respect of preparation of the lease. Subject to a maximum of £1,500 plus VAT.

Price

£10,000 plus VAT per annum.

Terms

The unit is available on an effective full repairing and insuring basis with a proportional contribution towards the repair/maintenance of the building by way of a service charge when required. There will be a contribution towards cyclical maintenance and repairs of common areas such as surface water drainage, drives, pathways and hedges etc” as required via a fixed maintenance rent of 2.5% plus VAT of the passing annual rent.

The Landlord will recover the proportional cost of buildings insurance from the tenant (premium to be confirmed). The Landlord envisages a lease term of three years or more. The property will be available with vacant possession. The Landlord will require any lease to be contracted out of the Security of Tenure provisions (s.24 to s.28) of the 1954 Landlord and Tenant Act.

Business Rates

The current rateable value (RV) is £5,299.  The RV can be found on the Valuation Office Agency (VOA) website service once updated. 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