Station Road, 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
Station Road is located at the entrance to Pathfields Business Park and provides 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 premises offer frontage onto Station Road with the detached premises having a glazed showroom / office display to the front. To the rear of the premises is roller shutter door access as well as a separate personnel door. The ground floor provides a floorarea of 2,328 sq.ft (216 sq.m) and a mezzanine floor of 1,060 sq.ft (98 sq.m). It is thought the premises is ideal for those who can benefit from the road frontage and glazed showroom display which provides natural light into the unit. Additional specification includes insulated profiled steel roof and elevation panels., BT connection, roller shutter door, personnel door, wall mounted lighting, lighting on underside of mezzanine floor, Three Phase electricity, power float floor, toilet and staff room. There is measured car parking to the side of the unit.

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

RATES
We are verbally advised by the Local Rating Authority that the premises are currently assessed as follows:- Rateable Value: £12,250 Rates Payable: £6,799 based on uniformed business rate of 50.5p in the pound. Although we understand the premises would be eligible for an element of a reduction for those who can claim small business rates relief. Interested parties are advised to make their own enquiries of North Devon District Council.

THE ACCOMMODATION

GROUND FLOOR
2,328 sq.ft (216 sq.m)

MEZZANINE FLOOR
1,060 sq.ft (98 sq.m)

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.