Light Industrial to rent

Dockacre Road, Launceston

£4,500 pa| £375 pcm

Property Description

Key features

  • To let or for sale as a development opportunity
  • Workroom / Office space (subject to appropriate planning)
  • Former restaurant premises on lower ground floor, suitable for alternative uses, subject to planning

Full description

Located at the end of Dockacre Road at the junction with Exeter Street and Tavistock Road, the premises are in a very prominent position within the town.

Located on the Devon / Cornwall border, Launceston sits on the A30 dual carriageway which is the main arterial route from the M5 at Exeter (42 miles) through Devon into Cornwall and has a better balance of travel distance to all parts of the two counties than any other town. 

ACCOMMODATION (NIA)   

INTERMEDIATE FLOOR

Kitchenette & WC 
2.86m x 4.08m (9’4”   x 13’4”)  providing 11.69m2 or 125ft2 

Workroom Area
5.82m x 5.50m (19’1”  x 18’)         providing  11.32m2 or 121ft2

Store Area
5.21m x 4.11m (17’1”  x 13’5”)       providing  21.41m2 or 230ft2

Office
2.86m x 4.08m (9’4”  x 13’4”) providing 11.66m2 or 125ft2 
Situated at the rear of the property, overlooking the Kensey Valley. 

TOTAL FLOOR AREA                      56.08m2    601ft2

LOWER GROUND FLOOR

Comprising the former restaurant premises, this is accessed separately from the front of the property via a set of steps, but can also be accessed internally from the intermediate floor. 

Restaurant 
8.57m x 3.92m (28’1”  x 12’10”) providing 33.59m2 or 361ft2 
The restaurant can provide space for up to 30 covers and features a small bar area. 

Kitchen
4.92m x 3.77m (16’1”  x 12’4”)  providing 18.54m2 or 199ft2
The kitchen has no equipment in it, however all of the walls are metal lined and the services infrastructure is still in place. 

Ladies & Gents W/Cs and Store

TOTAL FLOOR AREA -                52.13m2    560ft2

PLANNING
Planning permission has been granted for the conversion of the intermediate and lower ground floors into a two bedroom apartment with alterations also being made to the layout of the   upper ground floor. Further information can be found by  searching for the Application Number, PA14/06994, online at http://planning.cornwall.gov.uk/online-applications. Copies of plans are available upon request.   This may be of interest to prospective purchasers of the intermediate and 
lower ground floors. 

LEASE TERMS
It is envisaged the lease will be on a full repairing and insuring lease, for a minimum of 3 years or multiples there of, with rent paid quarterly in advance. The  tenant would be expected to reimburse a proportion of the building insurance paid by the Landlord for protection of the structure. The annual insurance premium for the period 5th July 2015 - 4th July 2016 is £195.88. 

LEGAL COSTS
The prospective tenant will be required to cover the cost of the landlord’s legal fees for the creation of the lease documentation, whether the lease proceeds or not. 

For the sale of the property, each side would be required to cover their own legal costs.

SERVICES
Connected to mains water, electricity and gas. Drainage is currently provided by a septic tank at the rear of the property.

RATEABLE VALUE  
We understand the Ground Floor and Lower Level will need to be assessed for Rating Purposes by the District Valuer.

EPC  
E (106) a copy of the EPC is available from our website.
 

More information from this agent

Nearest station

  • Gunnislake (12.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Kivells, Commercial

2 Broad Street Launceston PL15 8AD

01566 487000 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Gunnislake (12.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Kivells, Commercial

2 Broad Street Launceston PL15 8AD

01566 487000 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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Property reference 6266211. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Kivells, Commercial.

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