Light Industrial for sale

Newport Industrial Estate, Launceston, Cornwall, PL15

Under Offer POA
4,516–7,897 sq. ft.

Property Description

Commercial information

  • 4,516 sq ft (419 sq m)

Full description

A detached trade counter / industrial building situated on this popular and long-established industrial estate. In its entirety the premises comprise front showroom and office areas, workshops and stores and are available either in part or as a whole (subject to relocation of present occupier of front section). Parking is available directly outside the unit.

Location


Newport Industrial Estate is located in north Launceston, off the A388 and St Thomas Road. Easily accessible from the A30, the estate is located approximately 27 miles north of Plymouth, 47 miles east of Truro and 40 miles east of the M5.

Accommodation


All areas are approximate and measured on a gross internal
area, in accordance with the RICS Code of Measuring
Practice.
Rear Part of the Building Only
Ground Floor 215.24 sq m (2,317 sq ft)
Lean-to Store 49.67 sq m (535 sq ft)
Mezzanine Area 155.66 sq m (1,664 sq ft)
Whole Unit
Ground Floor 425 sq m (4,575 sq ft)
First Floor 149.54 sq m (1,610 sq ft)
Mezzanine 159.02 sq m (1,712 sq ft)

RENT
A rental of £17,500 per annum exclusive is quoted for the rear
part of the building; the whole building can be available
subject to the relocation of the present occupiers - rental
guide for the whole £30,000 per annum exclusive.
The property may be available for sale - terms on application.

Rent / Price


From £17,500 Per Annum

Terms


A new full repairing and insuring lease is available. A minimum lease term of 5 years is preferred. The Freehold may also be available - price on application.

Rateable Value


From the Valuation Office Agency website (www.voa.gov.uk)
we understand that the current rateable value for the main
parts of the building is £22,500 effective from 1st April 2017,
billing authority reference 24021123031000. There is a
second rateable value for part of the rear stores of £4,500,
reference 24020839024010.

Click here for advice on how to calculate your liability for the
current financial year and to see if you might be eligible for
any relief (if you qualify for small business relief up to 100%
relief may be available).

As a new occupier of premises you have the right to appeal
an assessment if it is too high, we have a team of rating
advisors who can provide further advice if required.

Services


It is understood 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


D (93)

Legal Fees


The ingoing tenant will be responsible for the landlord's reasonable legal costs incurred.

VAT


All figures quoted are exclusive of VAT, where applicable.


More information from this agent

Nearest station

  • Gunnislake (10.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Vickery Holman, Truro

Walsingham House Newham Road, Truro, TR1 2DP

01872 490062 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 (10.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Vickery Holman, Truro

Walsingham House Newham Road, Truro, TR1 2DP

01872 490062 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.

Disclaimer - Property reference 17894FH. 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 Vickery Holman, Truro. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.