Property information

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LOCATION

Situated on the edge of the market town of South Molton, the town is approximately 9 miles south east 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

1 x Business Units has become re-available (built in 2021) and available for completion from August 2022. The Unit is  within a terrace of  5 Business Units. Building specification is high with main features incorporating:-

• 1313 sq. ft.  (122m2)
• 6m to Eaves, suitable for 2nd Story /Mezzanine Floors.
• Fully Insulated Building with Internal Blockwork Skin and Firewalls.
• 180mm insulated roof, 150mm insulated walls
• 3 Phase, 5m x 4m Insulated electrically operated Roller Doors with Window cut outs.
• Upper Level Windows cut in for Mezzanine
• 3 Phase Electrics/LED Lighting, Water and Fibre Optic BT.
• Disabled Toilet/Water Heater and sinks.
• Plenty of parking.
• Fully Concreted Yard/ HGV Turning Area

DIMENSIONS

Unit 2: 10m x 12.2m (122m2) – 32′ 6” x 39′ 8” (1313 sq. ft.) – AVAILABLE 

 

RENTS

Unit 2- £11,817 per annum (plus VAT).

 

 

PLANS

Detailed plans are available from the Letting Agents upon request.

 

CAR PARKING

Plenty of car spaces are allocated with these Units, plus surplus, visitor parking.

 

LEASE TERMS

Offered by way of new leases 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

To be assessed.

 

SERVICE CHARGE

An annual service charge will be levied on each tenant to cover the costs of maintaining common areas.

 

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 Sole Letting Agents.

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

Email : [email protected]

Website:  www.underwoodwarmington.com

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 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

 

 

 

 

Business rates

Rateable value:	£0
Rates payable for 2023/24:	£0 (approx)

As this Units Rateable Value falls below the £12,000 threshold there is a good possibility that 100 % relief from Business Rates may apply under the Small Business Rate Relief Scheme - ask us for further information.