Office for saleFoliot House, Budshead Road, Plymouth, PL6
Removed 12,492 sq. ft. | £1,175,000
- 12,492 sq ft (1,160 sq m)
- Prominent office building
- Available to let on a floor-by-floor basis or as a whole
- The freehold of the whole building is also available
- Good quality office space
- On site car parking
- Lift serving all floors
- 258 sq m (2,774 sq ft) - 1,160 sq m (12,492 sq ft)
- Rent from £22,250 per annum exclusive to £99,950 per annum exclusive
- Freehold £1,175,000
- The adjacent building is also available to purchase with this property and is let. Please enquire for further information.
The property is located on Budshead Road which is accessed from Tavistock Road A386. There is easy access to the A38 to the south of the property and to Tavistock to the north of the property.
All areas are approximate and measured in accordance with the RICS Code of Measuring Practice on a net internal basis.
Ground floor - 423 sq m / 4,555 sq ft
First floor - 480 sq m / 5,163 sq ft
Second floor - 258 sq m / 2,774 sq ft
TOTAL - 1,161 sq m / 12,492 sq ft
Rent / Price
Ground floor - £36,500 pax
First floor - £41,500 pax
Second floor - £22,250 pax
TOTAL - £99,950 pax
The property is available on a new full repairing and insuring lease. The property can be let on a floor-by-floor basis or as a whole.
The freehold of the property is also available.
From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current rateable value for the whole building is £127,000 effective from 1st April 2010. Therefore, making the approximate rates payable £63,119 per annum for 2016/2017.
Interested parties are advised to confirm the rating liability with Plymouth City Council.
We understand that mains electricity water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.
Each party to be responsible for their own legal fees in relation to this transaction.
All figures quoted are exclusive of VAT if applicable.
More information from this agent
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