Unit 6, Merlin Units, Exeter Airport, Fair Oak Close, Clyst Honiton, Exeter, Devon, EX5 2UL
Size
3,226
Tenure
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EPC
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Parking
6
- Primary use
- Other
- Other use(s)
- Light industrial
No floor / site plan
Building amenities
Additional costs may apply for some services – please check the full property description for more details.
- Parking
Key features
- Light industrial/warehouse unit with 6 parking spaces
- Approx: 1,740 sq ft / 161.7 sq m ground floor plus 1,486 sq ft / 138.1 sq m mezzanine storage
- Let to established tenant on full repairing terms
- For sale (long leasehold): £230,000 + VAT
Description
The ground floor comprises a main warehouse plus office and WC, with additional stud walls having been installed by the tenant, and the mezzanine floor (which is a landlord's fixture) has been fitted by the tenant to an office-standard specification, including suspended ceilings, recessed LED lighting, vinyl flooring and kitchen facilities.
The eaves height is approximately (5.27m) with the minimum ground floor head height being approximately (3.1m).
There are 6 allocated car parking spaces.
Light industrial/warehouse unit with 6 parking spaces
Approx: 1,740 sq ft / 161.7 sq m ground floor plus 1,486 sq ft / 138.1 sq m mezzanine storage
Let to established tenant on full repairing terms
For sale (long leasehold): £230,000 + VAT
Merlin Business Park is located on the Exeter Airport Business Park with very good access off the Exeter to Honiton dual carriageway which in turn gives direct and easy access to Junction 29 of the M5. The property is approximately 6 miles to the east of Exeter city centre.
Investment property
VAT will be applied at the standard rate where applicable. The property has been elected for VAT and therefore it is anticipated that the transaction will be treated as a Transfer of a Going Concern (TOGC).
Both parties to bear their own legal costs in the transaction.
An EPC is available for this property. Please contact the agent for further details.
The property is let to Aviation South West by way of a lease dated 1st October 2024. The lease is for a term expiring on 30th September 2030 with a tenant break option on 1st October 2027 (on 6 months' notice). The passing rent is £15,900 per annum exclusive and is subject to review on 1st October 2027 (open market, subject to CPI cap). The lease is on full repairing and insuring terms.
A copy of the lease is available on request.
- Service charge
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
Unit 6, Merlin Units, Exeter Airport, Fair Oak Close, Clyst Honiton, Exeter, Devon, EX5 2UL
About Stratton Creber Commercial, Exeter
Stratton Creber Commercial provides a full range of services in commercial property across the South West from offices in Exeter, Plymouth and Truro.
We are an independent firm of chartered surveyors with strong local roots, offering a wide range of professional services to the commercial property sector.
We offer a straightforward, personal and honest approach to meeting the needs of our clients, including investors, developers, occupiers and lenders.
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Disclaimer - Property reference 4599FH. 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 Stratton Creber Commercial, 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.