Duchy Square Centre, Unit RF15, Tavistock Road, Princetown, Devon, PL20

Unit RF15
Unit RF15)  is a first  floor unit of 60 square metres (645 sqft) It is particularly suitable for office or art studio uses.

It has very good natural light due to the vaulted ceiling with an attractive  roof apex window.

There is a sink and drainer in one corner and there are plentiful power and data points.

One or more display windows along the frontage of the building are available at £150pa additional cost on a licence agreement.

The planning permission for the building allows uses within Class A1 (retail) B1 (Offices and Light Industry), and D1 (non-residential institution) of the 1987 use classes order 1987.

Lease Terms
The rent is £7,500 pa inclusive of most running costs. There is no VAT on the rent.

Tenants are asked to pay three months’ rent when moving in, and a deposit equal to two months’ rent.

From the fourth month onwards the rent is to be paid monthly in advance.

The rent is inclusive of almost all premises related costs including heating and water. The rent is fixed for three years. There is no separate service charge. The only additional costs are a moderate electricity re-charge which will be discussed, telephone/internet usage, and tenants’ own contents insurance.

Flexible terms. The lease is for three years but a tenant may leave at any time with two months’ notice subject to a minimum stay of six months. The lease terms therefore provide fixed costs with flexibility.

The rateable value is £3,300. The rates payable in 2024/2025 would be £1,646.70. However, the unit qualifies for small business rates relief. If this is your only business premises you will pay no rates. However prospective tenants are advised to check with West Devon District Council on or business.

Please note that once you have moved in you must apply to West Devon District Council for this relief, as it may not be backdated to a previous financial year.

here is an intruder alarm and an attendance board and lift to the first floor. There is a weekly cleaner for the shared areas who doubles up as a caretaker. There is 24/7 access.

In 2022 Openreach installed the very latest Ultrafast full fibre broadband. Tenant’s need to arrange their own contract from providers.

There is limited parking (3 spaces) at the rear, and free parking for tenants by permission of the Duchy of Cornwall in the adjacent large car park. Parking on the front forecourt is prohibited.

Current tenants include offices, an artist, a jewellery maker, a web designer, a software designer, an upholsterer and an ice cream maker.