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Light Industrial to rent

Broadwoodwidger, Lifton

Withdrawn from Market £5,000 pa| £417 pcm

Property Description

Key features

  • Units are currently linked but can be split if required
  • Roller shutter door to the front and pedestrian rear door
  • Three phase electricity & allocated parking area
  • Excellent access and within 1/4 of a mile of A30 dual carriageway
  • Available from 26th December 2016

Full description

The premises occupy a rural location, yet are within 1/4 of a mile from an exit of the A30 dual carriageway. There is excellent vehicular access for large commercial vehicles. 

Running east and west of this property is the A30 dual carriageway spine road for Devon and Cornwall. This gives more direct access to Exeter some 36 miles to the east, which has an intercity rail link, expanding airport and M5 Motorway Link. To the south is the city of Plymouth, some 30 miles, which has an intercity rail link Continental Ferry port.

ACCOMMODATION

Unit 6
The unit measures 13.62m x 8.89m providing 121 sq m (1,302 sq ft) with a eaves height of 2.62m and a ridge height of 5.30m.  

Unit 7
The unit measures 8.88m x 8.78m providing 77.96 sq m (839 sq ft).  There are two offices under a Mezzanine floor occupying a portion of the unit providing 10.10 sq m (108 sq ft) and 17.06 sq m (183 sq ft).

LEASE TERMS
A 3-6 year lease is desirable but a shorter “Tenancy At Will” agreement may be considered.   The rent will be payable quarterly in advance.

There will be a management fee equivalent of 10% of the monthly rent plus VAT payable by the Lessee for the repair and  maintenance of the communal areas, namely Entrance Driveways, Parking Areas, Staff Rooms and WCs.  This will also include for periodic security inspections of the site during close of business.

The Lessee will be responsible for the full repair and maintenance of the premises. The Lessee will be responsible for ensuring compliance with all Local Authority Regulations in respect of the occupancy of the premises during the terms of the Lease or Tenancy.

The Lessee will be responsible for the payment of the Lessor’s legal fees in drawing up the Lease or Tenancy (currently £550 plus VAT).

The Lessee will be responsible for reimbursement of insurance premiums paid by the Lessor for the protection of the structure and for all outgoings on the property including the business rates.

SERVICES
Mains electricity, water and drainage.   We have not tested any of the service installations and all interested parties should satisfy themselves as to their working order / suitability. 

EE RATING
Unit 6 - not required.
Unit 7 - To be confirmed.

RATES
The rateable value for both units as outlined on the VOA website as at September 2015 is £7,200. Enquiries should be made to VOA on Tel: 0300 0501 501.
 


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