Industrial Units

To Let

Units 12D & 12E Quarry Crescent Pennygillam Industrial Estate Launceston Cornwall PL15 7PF

12D - 918 sq.ft - £10,000 plus VAT per annum (PA)

12E - 1,288 sq.ft - £14,000 plus VAT PA

Both units can be taken together - £22,000 plus VAT PA

Close to A30

Description

The units are of new build construction consisting of 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 units. Additional parking can potentially be negotiated if required.

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

Unit 12D is open plan and 12E includes a small office and toilet.

Accommodation

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

Both units can be accessed via electric roller shutter doors (approx. width 3.39m and height of 3.57m) or via separate personnel doors.

The Unit 12E personnel access door leads to a small office which links to the main warehouse (approx. clear height to eaves 4.8m and ridge 6.15m). The toilet is contained within the office/toilet block and accessed from the warehouse only. There is a kitchenette fitted externally to the office block. Unit 12D is open plan although there are services installed to install a toilet as required if the unit is taken separately and a toilet is 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

Annual rentals are as follows:
12D – £10,000 plus VAT.
12E – £14,000 plus VAT PA
Both units taken together with no toilet in 12D – £22,000 plus VAT.

Terms

The units are 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 values (RV) are: Unit D, £5,299, Unit E, £7,066. RV’s 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