Straight talking Commercial Property advice

Confidential South Molton Business Park - Newly constructed

Property information

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Status: To Let
Price: Rental Offers Invited - Region £8 per square foot
Tenure: Leasehold

LOCATION

Situated on the edge of the market town of South Molton, the town is approximately 9 miles southeast of Barnstaple and classified an area centre. Tiverton, M5 connection at junction 27 and fast train connection of Paddington is approx. 22 miles east. South Molton provides a range of services, local employment opportunities and acts as a focal point for an extensive rural area. The towns proximity to the North Devon Link road has brought improved accessibility and enhanced prospect for the economic growth of the town. The site represents an ideal location for business with direct access to the North Devon Link Road and the gateway to Exmoor.  Pathfields Business Park has undergone significant expansion in recent years including various office and industrial developments. Occupiers on the site include, Mole Valley Farmers, RGB Building supplies, Eaton, Yodel, North Devon Ceramics Studio & Academy, Crown Yealm,Ucanstore.com etc.

DESCRIPTION

New Company Headquarters (2022), providing 3,800 sq. ft. (353m2) high bay warehouse, 2,500 sq. ft. (232m2) ground floor Office space, 2,000 sq. ft. (186m2) mezzanine storage/office, 22,000 sq. ft.(2044m2) compound/yard area, ample car-parking , potential to build further 2,000 sq. ft.(186m2) on the site.  Building specification is high with main features incorporating:-

  • Fully Insulated Building with Internal Blockwork Skin and Firewalls.
  • 180mm insulated roof, 150mm insulated walls
  • 3 Phase Electrics passenger lift to mezzanine floor, laminate flooring to offices.
  • Oil fired electric heating solar panel supplied
  • LED Lighting, Fibre Optic BT, IT ducting will be installed.
  • Ventilation to be over – sized to ensure extra cooling air flow for comfortable working conditions and in line with Building Regulations
  • Overall ground floor space 6410 sq. ft. (596m2). Mezzanine Store/ Office 2200 sq. ft.(204m2) TOTAL BUILDING SPACE – 8,610 sq. ft. (800m2)

 

 

PLANS

Detailed plans are available from the Letting Agents upon request.

 

CAR PARKING

Ample on – site car parking

 

LEASE TERMS

Offered by way of  a new lease on full repairing and insuring terms. Term to be agreed between the parties.

 

VAT

VAT is applicable to the rent and service charge

 

BUSINESS RATES

Rateable Value £20,500 (2023/24) Rates Payable £10,500 approximately

 

SERVICE CHARGE

An annual service charge will be levied  to cover the costs of maintaining communal areas such as car parking, landscaping etc., although given this is a new Estate it is expected that this will be a minimal expenditure.

 

SERVICES

Mains water/drainage and electricity (3phase). Fibre Optic BT

 

LEGAL COSTS

Each party to bear their own legal costs in this transaction.

 

VIEWING

 

To view the property, contact the  Letting Agents.

Contact: 01271 378731 Dean Warmington.  Mobile: 07971 830881.

Email : [email protected]

Website:  www.underwoodwarmington.com

Accomodation Comprises

Imperial Metric Sq Ft


Business rates

Rateable value:   £20,500
Rates payable for 2023/24:   £10,500 (approx)


Tenure

A new Lease is available - terms to be agreed


Viewing

For an appointment to view please contact:

Dean Warmington
Tel: 01271 378731
Email: [email protected]
Mobile: 07971830881


Property reference number

Reference: UW899
 

Important notice

These particulars are for guidance only. They are prepared and issued in good faith and are intended to give a fair description of the property but do not constitute part of an offer or contract.

Any description of information given should not be relied upon as a statement of representation of fact or that the property or its services are in good condition. Neither Underwood Warmington (nor its Joint Agents) not any of their employees has any authority to make or give any representation or warranty whatsoever in relation to the property.

The photographs show only certain parts and aspect of the property at the time they were taken. Any areas, measurements or distances given are approximate only.

Any reference to alterations to, or use of, any part of the property is not a statement that any necessary planning, Building Regulations or other consent has been obtained. These matters must be verified by an intending tenant.