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UNDER OFFER

60-62 North Road, North Road Industrial Estate, Okehampton, Devon, EX20 1BQ

£1,750,000

£6.00 per sq ft

Business rates & charges may apply

Vickery Holman, Exeter
SIZE AVAILABLE

291,852 sq ft

27,114 sq m

SECTOR

Light industrial facility for sale

Key features

  • Prominent roadside industrial premises and development land (STP)
  • Approx. 6.7 acres of industrial land (approx. 16.21% site coverage)
  • Main warehouse measures approx. 47,316 sq ft (4,395.81 sq m)
  • Numerous outbuildings onsite
  • Large surfaced car park to the rear
  • Redevelopment potential subject to planning
  • Rare logistics freehold available in the town

Description

The property consists of a separately accessed warehouse premises just off North Road with numerous outbuildings over a site measuring approx. 6.7 acres (2.71 ha). The property itself benefits from large open warehouse accommodation over two levels with mezzanine storage and offices located to the front and rear.

There are also a number out outbuildings located onsite (not measured) and a large surfaced car park with further land to the north east of the property. With the inclusion of all buildings onsite the property has a site coverage of approx. 16.21%.

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 Howdens, Travis Perkins and RGB Building Supplies in close proximity to the property.


Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition).

Warehouse: 42,761 sq ft (3,972.66 sq m)
Mezzanine: 4,555 sq ft (423.15 sq m)
Outbuildings (not measured) -
Total: 47,316 sq ft (4395.81 sq m) plus outbuildings

Site Area: 6.7 acres (16.21 % site coverage including outbuildings measured via VOA)


Planning

The property benefits from B1, B2 and B8 Use Classes.

Rent / Price

£1,750,000 for the Freehold

Business Rates

From the Valuation Office Agency website ( we understand that the current Rateable Value is £127,000 therefore making the approximate Rates Payable £65,024 per 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

E (105)

Legal Fees

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

VAT

All figures quoted are exclusive of VAT if applicable.

Brochures

60-62 North Road, North Road Industrial Estate, Okehampton, Devon, EX20 1BQ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Okehampton Station0.9 miles

About Vickery Holman, Exeter

Balliol House Southernhay Gardens, Exeter, EX1 1NP

Vickery Holman, Exeter

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 surveyin

More properties from Vickery Holman, Exeter

Notes

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Disclaimer - Property reference 20887FH. 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, Exeter. 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.

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