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UNDER OFFER

Former Travis Perkins Site, 50 North Road Industrial Estate, Okehampton, Devon, EX20 1BQ

Guide Price
£900,000

£10.20 per sq ft

Business rates & charges may apply

Vickery Holman, Exeter
SIZE AVAILABLE

88,253 sq ft

8,199 sq m

SECTOR

Light industrial facility for sale

Key features

  • Rare opportunity for owner-occupier
  • Stand alone warehouse facilities
  • Front and rear yard areas
  • Gated entrance and secured yard area
  • Overall site area circa 2.026 acres (0.820 hectares)
  • Main warehouse circa 5,665 sq ft (526 sq m)
  • Adjoining ancillary warehouse circa 1,145 sq ft (106 sq m)
  • Informal tender by 12 noon Friday 29th November 2024

Description

A stand-alone industrial unit set within its own gated and secured yard area. The building offers a front reception / sales area leading into the main warehouse with an ancillary adjoining smaller warehouse. The current internal lay out of the main warehouse is a mix of open plan and sales area with reception desk and office facilities. There is also a small kitchen area and separate WC's.

There is a non-structural mezzanine floor in place, which offers additional overhead storage.

Both the adjoining and main warehouse buildings have access via roller shutter doors located at the front and rear of the units. The roller shutter doors are a mix of manual and electric with heights ranging from approx. 3.9m to 4.3m. The smaller warehouse offers circa eaves height of 4.4 m max / 3.4 m min whilst the main warehouse is circa 5.5 m max / 4.05 m min.

The front yard area provides for customer / staff parking plus additional storage as required with excellent turning circle for loading & deliveries. The site also benefits from its own entrance/ driveway off the main North Road with a gated entrance and part palisade fencing on the front boundaries with secondary secured fencing at the rear.

The site cannot be used for a builders' merchant for a period of 3 years.


Location

The property is located just off the A30 in Okehampton approx. 21 miles west of Exeter, 26 miles north of Plymouth and 24 miles south of Barnstaple. The town has a population of approx. 5,922 and benefits from the new Okehampton Railway Station that connects Exeter St Davids to Plymouth via Tavistock on the Dartmoor Line.

The town is also serviced by the Stagecoach Bus Service from Exeter, Bude, Newquay and Tavistock. Bus service 6 runs from the town to Exeter with the 6A service to Launceston.

The property is located to the north of the town with numerous well established industrial occupiers including Southern Lubricants, Moorland Fuels and ATS Euromaster in close proximity to the property.


Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a gross internal basis.

Main warehouse 5,665.63 sq ft (526.35 sq m)
Adjoining warehouse 1,145.83 sq ft (106.45 sq m)
Reception area 456.50 sq ft (42.41 sq m)
Total building area: 7,267.96 sq ft (675.21 sq m)

Mezzanine flooring (non-structure item) 2,932.54 sq ft (273.43 sq m)

Site area: 2.026 acres (8.24% site coverage excluding mezzanine)

Rent / Price

£900,000

Informal tender by 12 noon Friday 29th November 2024. Please see attached details of the best bids timeline and requirements.

Business Rates

From the Valuation Office Agency website ( we understand that the current Rateable Value is £39,000, therefore making the approximate Rates Payable £19,461per annum for 2024/25.



Services

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.

EPC

In the event of a letting the Landlord will undertake appropriate works to ensure the property complies with Minimum Energy Efficiency Standard (MEES) Regulations prior to the lease completing.

Legal Fees

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

VAT

The property has been elected for VAT and therefore VAT will be charged on the price.

Brochures

Former Travis Perkins Site, 50 North Road Industrial Estate, Okehampton, Devon, EX20 1BQ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Okehampton Station0.8 miles

About Vickery Holman, Exeter

Balliol House Southernhay Gardens, Exeter, EX1 1NP

Vickery Holman is a multi-disciplined property company, the roots of which can be traced back as far as 1848. Today, the consultancy has more than 60 people working in four offices, strategically placed across the South West. Vickery Holman is a limited company, owned by its employees, and is a member of the RICS (Royal Institution of Chartered Surveyors).

Our consultants offer a full spectrum of skills in all areas of property, from all aspects of general practice and building surveying, right through to the management of commercial and residential property. Our specialist areas include dispute resolution, development consultancy, valuation, lease consultancy, business rates negotiations, in addition to commercial sales, lettings and acquisitions.

We deliver commercial property opportunities to a wide range of clients from single tenants to large scale investors. Our tailored, personal service aims to empower all our clients, whether they are new to property or seasoned professionals. We believe communication through personal contact is key to highlight those investment opportunities or potential pitfalls.

Can't find what you are looking for here? Call one of our offices in your area to speak to our experts who can identify with your property requirements and guide you through the process to find the right option for you.

Notes

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