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NORTH ALLER BUSINESS PARK, (extension), SOUTH MOLTON
Underwood Warmington are delighted to have been appointed SOLE LETTING AGENTS of the above Business Units Development which will be built over the coming months. We are inviting “expressions of interest” and subsequently will be looking to secure Agreements to Lease with interested parties, so this is secured prior to the construction starting.
Basically the project will provide circa 14,000 sq ft (1300 m2) ground floor space in various size combinations allowing tenants to rent space from 900 sq ft (84m2) upwards. One block will provide 2,700 sq ft (i.e. or 3 x 900 sq ft units); a second, 3600 sq ft (i.e. 4x 900 sq ft) plus a larger unit of 7,200 sq ft. Prospective tenants will thus be able to select a unit size (from plan) which best suits their business requirements.
The units will be constructed to modern day standards and Building Regulations. The units will benefit 14’ steel roller shutter door and pedestrian door access. They will be completed to shell finish ONLY (i.e. water and 3 phase power connected to each but with the tenant deciding what office, lighting, WC facilities etc. they wish to install).However, this is subject to negotiation of terms and the Estate may be minded to make this initial investment if an appropriate tenant is found and terms agreed.Tenant and visitor car parking will be provided.
|DIMENSIONS||30' x 30'||9.2 x 9.2||900|
|Rates payable for :||£0 (approx)|
Upon completion the units will be assessed for business rates puposes by the Valuation Office.
Under the small business rate relief scheme there will be NO business rates payable (2018/19) if these are the only commercial premises you occupy and the rateable value is below £12,000 which is likely to be the case if up to 1800 sq ft of space (i.e. 2 units) are occupied.
Interested parties should confirm the position with the local rates office at North Devon Council, Barnstaple.
The units will be available to rent on new lease terms, to be agreed between the parties. Prospective tenants will be required to supply usual business references. Each party to bear their own legal costs.
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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.