New Business Units, Gratton Way, Roundswell, Barnstaple, Devon. EX31 3NL

Property information

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Status: To Let
Price: "Expressions of Interest & Rental Offers invited.
Tenure: Leasehold

Acting on valued instructions of William C Hockin (Transport) Limited, UNDERWOOD WARMINGTON, Commercial Property Consultants, have been appointed Letting Agents of “Proposed New B1, B2, B8 Business Units” which are planned to be constructed on vacant land (to the West of the exisitng WC Hockin Transport Building) subject to survey and Local Authority approvals.

The location could hardly be better – sandwiched between Sainsbury’s to the North and the new Lidl Superstore to the South. Visibility and access to the site is excellent.

Preliminary architect drawings indicate that the new commercial buildings will provide 3,500 (325m2) – 5,500 sq. ft. (511m2) of space though the configuration and number of units to be built will be based on agreements reached with potential occupiers. The premises will be available to rent on new lease terms.

The Developers can provide bespoke packages to include office content and first floor/mezzanine space if required. All types of individual work space can thus be created.

Ground works will most probably commence on the project Q2 2021 with units planned to be ready for occupation in Q4 2021. We are naturally delighted to talk to businesses NOW to create the ideal work-space for their on-going business development. It is anticipated that an Agreement to Lease will be signed by both parties at an early stage thus securing the unit for occupation later in Autumn/Winter next year.

The units will be of standard steel frame construction with profile steel wall and roofing panels, a concrete screed floor(150km/sq. m loading) and all services (including 3- phase) will be laid to the property. 5.6m height from floor pad to roof base.

The units will be available TO LET on the basis of new FRI leases, term to be agreed between the parties. A Service Charge will be levied to cover the ongoing maintenance/ repair of car parking and landscaped areas within the Deveolpment.

PLANNING

The Town and Country Planning (Use Classes) Order 1987 (as amended) puts uses of land and buildings into various categories, known as ‘Use Classes’ From 1 September 2020, for the purposes of Use Class, former A1/A2/A3 Uses (Shops, Financial and Professional Services and Restaurants/Cafes, and B1 Uses (businesses which can be carried out in a  residential area without detriment to it’s amenity) are to be treated as a new class, Class E. The changes mean planning permission will not be needed to change uses within this broader category. It will be much easier, for example, to convert a former bank into a restaurant; a shop, office or light industrial building to a day nursery and a shop of office to a medical practice.

We consider that with the Government’s ‘Radical’ Use Classes Order overhaul now in place, these “new build” premises will be suitable for use by many trades, occupations, professions and businesses.

As the Developers Agents we welcome discussions with a wide range of occupiers who consider that the location of this New Development will meet their expansion criteria.

Accomodation Comprises

Imperial Metric Sq Ft


Business rates

Rateable value:   £0
Rates payable for :   £0 (approx)

The Rateable Value of the property/s will be accessed by the Local Authority upon completion of the building works


Tenure

New lease terms to be agreed between the parties


Viewing

For an appointment to view please contact:

Dean Warmington
Tel: 01271 378731
Email: dean@underwoodwarmington.com
Mobile: 07971830881


Property reference number

Reference:
 

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.