Lauder Lane, Roundswell, Devon

THE SPACE
An established Trade Counter unit on a corner plot arranged over the ground floor with a workshop and office space. The property comprises the following floor areas: Warehouse: 5,008 sq.ft (465 sq.m), Office + WC’s: 163 sq.ft (15 sq.m) Total: 5,171 sq.ft (480 sq.m)

DESCRIPTION
The Property comprises of an end terrace unit within an established trading estate. The Premises features:
• Steel portal frame
• 1 roller shutter door
• Ground floor offices with WC’s
• Extensive car parking facilities

TERMS
The unit is held under a 6-year lease expiring 1st April 2029, subject to a rent review at the 3rd anniversary. There is a rent review due with effect from March 2026 in which context the Landlord has quoted £12.50 per sq ft equating to £64,662.50 per annum. The lease is outside the security of tenure provisions of the Landlord & Tenant Act 1954. Expressions of interest are requested for either a surrender and re-grant or assignment of the existing lease. Workshop equipment available by separate negotiation.

VAT
This property is elected for VAT.

BUSINESS RATES
The unit is assessed for Business Rates purposes as follows: Rateable Value - £22,500 pa.

LOCATION
Unit 5 is positioned on Lauder Lane Trade Park, within the Roundswell district which comprises Barnstaple’s principal retail and commercial area. It is surrounded by a mix of light industrial, trade counter and retail occupiers. The location offers quick access to the A39 which links with the A361 North Devon Link Road leading to J27 of the M5 motorway.

LEGAL COSTS
Each party to be responsible for their own legal costs.

ENERGY PERFORMANCE CERTIFICATE
Unit 5, Lauder Lane – E (103) A copy of the certificates can be made available on request

VIEWING
Joint Sole Agents:-

JD Commercial, / , James Doble
Colliers, Harry Elrington, Billy Parker

IMPORTANT NOTICE
JD Commercial for themselves, and for the Vendors of this property whose Agents they are, give notice that:
1. The Particulars are set out in general outline only for the guidance of intending purchasers and do not constitute part of an offer or contract. Prospective purchasers should seek their own professional advice.
2. All descriptions, dimensions and areas, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them.
3. No person in the employment of JD Commercial has any authority to make or give any representation or warranty whatever in relation to this property or these particulars nor to enter into any contract relating to the property on behalf of JD Commercial, nor into any contract on behalf of the Vendors.
4. No responsibility can be accepted for any expenses incurred by any intending purchaser in inspecting properties which have been sold, let or withdrawn.

PROPERTY MISDESCRIPTIONS ACT 1993
1. All measurements are approximate.
2. While we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you, please contact JD Commercial and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property.
3. We do our utmost to comply with this Act in full. However we are also trying to represent our clients’ properties in their high possible light, as such we may use summer photographs to promote some properties.

VIEWING
By strict appointment through the selling Agents, JD Commercial, 42 Ridgeway Drive, Bideford, North Devon. EX39 1TW
TEL: / E-MAIL: