Pathfields Business Park, South Molton, Devon, EX36

LOCATION
Known as the 'Gateway to Exmoor', South Molton is a traditional market town set in beautiful countryside and not far from North Devon's beaches - yet it is also just 25 miles from the M5 via the main A361, and around 45 minutes from the airport at Exeter. South Molton's resident population of 6,000 (including nearby villages) will soon be expanded thanks to the imminent 1,200k new houses outlined on the Local Plan, and will continue to be joined by visitors attracted to the town's traditional centre and wide range of independent businesses. The notable towns of Barnstaple (11 miles), Bideford (20 miles), Ilfracombe (25 miles), Tiverton (19 miles) and Torrington (18 miles) are also nearby.

THE SITUATION
The site represents an ideal location for business with direct access to the North Devon Link Road. Pathfields Business Park has undergone significant expansion in recent years including various office and industrial developments.

THE PROPERTY AND CONSTRUCTION
The modern detached premises is of steel portal frame construction with insulated profiled steel cladding to all elevations, under an insulated steel clad roof. The property has a GIA of 7,167 sq.ft (666 sq.m) which is made up of workshop of 5,973 sq.ft (555 sq.m) and trade counter / stores of 1,194 sq.ft (111 sq.m). There is a mezzanine floor with staircase access from both the workshop and trade counter which provides 1,010 sq.ft (94 sq.m) and is configured as main open plan office, meeting room, kitchen, toilets and staff room. Specification includes 5 x electric roller shutter doors, double glazed personnel doors, double glazed first floor windows, Three Phase electricity, power floated floor, toilet, eaves height suitable for the installation of a mezzanine floor and LED lighting within workshop, trade counter and office areas. To the front of the premises is car parking and yard space of 8,120 sq.ft (745 sq.m).

TERMS
The premises are made available by way of new commercial lease to be held on a full repairing and insuring basis. The premises will be available from March 2026.

RATES
We are advised by the Local Rating Authority that the premises are currently assessed as follows:- Rateable Value (2017 Listing): £29,500 Rates Payable: £14,809 based on uniformed business rate of 50.2p in the pound. Occupiers may qualify for reliefs and are advised to make their own enquiries of North Devon District Council.

THE ACCOMMODATION AND RENT

TRADE COUNTER / RECEPTION ENTRANCE
Including 2 rear stores 1,194 sq.ft (111 sq.m) twin double glazed entrance doors, LED lighting, enclosed staircase to mezzanine floor

WORKSHOP / WAREHOUSE
5,973 sq.ft (552 sq.m) 5 electric roller shutter doors, with one giving access to end bay currently used as spray unit, LED lighting, power floated floor, metal staircase to mezzanine floor

MEZZANINE FLOOR

MAIN OFFICE
387 sq.ft (36 sq.m) double glazed windows, LED lighting, carpet, store, access from trade counter entrance

MEETING ROOM
221 sq.ft (21 sq.m) double glazed windows, LED lighting, carpet

STAFF ROOM
402 sq.ft (37 sq.m) with access from workshop. Incorporating kitchen and 3 x toilet facilities

OUTSIDE
To the front of the premises is concrete yard space of 8,120 sq.ft providing car parking and external storage.

LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in the transaction.

VAT
VAT is applicable, at the prevailing rate.

ENERGY PERFORMANCE CERTIFICATE
Please contact the agents for a copy of the Energy Performance Certificate and Recommendation Report.