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Light Industrial to rent

Sutton Road, Cattedown, Plymouth, PL4

Removed 1,904 sq. ft. | £17,000 pa| £1,417 pcm

Property Description

Commercial information

  • 1,904 sq ft (176 sq m)

Key features

  • City centre industrial unit
  • Currently used as an MOT station
  • Car use accepted
  • 3 tonne vehicle lift by separate negotiation
  • 6 car parking spaces
  • 183.2 sq m (1,971 sq ft)
  • 18,000 per annum exclusive

Full description

Tenure: Leasehold

Description

The property comprises a mid-terrace unit of steel frame construction with brick and block walls and metal profile cladding on upper parts and roof. There is a small two-storey office, store and WCs at the rear of the unit, with a single shutter door 3m wide and 3.5m high. The unit benefits from a large communal yard and car park to the front with 6 demised car parking spaces.

Location

The unit is located less than half a mile from Plymouth city centre just off the main A374 Exeter Street which links the city centre with the A38 Devon Expressway at Marsh Mills and the A379 Kingsbridge Road. On the bank of Sutton Harbour, this highly visible block in a largely commercial area neighbours City Electrical Factors, Vauxhall, Marine Bazaar Chandlery as well as a number of local operators.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (1st Edition) on a gross internal basis.
Ground floor - 176.8 sq m / 1,902 sq ft
Mezzanine - 6.4 sq m / 69 sq ft
TOTAL - 183.2 sq m / 1,971 sq ft

Rent / Price

£18,000 per annum exclusive.

Terms

The property is available by way of a new full repairing and insuring lease. Terms to be agreed.

Rateable Value

From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current rateable value is £14,500 effective from 1st April 2017. Therefore making the approximate rates payable £6,757 per annum for 2017/2018.

Tenants may be eligible for Small Business Rates Relief if this is the only property they occupy and/or any other properties they occupy have a rateable value of less than £2,900 each. Qualifying ratepayers will pay no rates on properties with rateable values up to £12,000 with a tapered relief of between 100% and 0% for properties with rateable values between £12,001 and £15,000.

Interested parties are advised to confirm the rating liability with Plymouth City Council.

Services

We understand that mains 3 phase 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.

EPC

F (129).

Legal Fees

Each party to be responsible for their own legal costs in relation to this transaction.

VAT

We understand that the property has been elected for VAT and will therefore be chargeable on all outgoings.


More information from this agent

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