Bolham Road, Tiverton

LOCATION AND SITUATION
Tiverton is a market town with a population of approximately 21,000, plus a wide catchment, and is the administrative centre of Mid Devon District Council. In addition it is considered to be the gateway to Exmoor and is within five miles of the motorway network (M5) and approximately twelve miles north east of Exeter the County City of Devon.

The property is situated on Bolham Road, one of the main arterial roads in and out of the Town Centre and is located adjacent to both Tiverton Football Club and Tiverton Rugby Club whilst also being opposite Exe Valley Leisure Centre. Other occupiers closeby include Pets at Home, Morrisons and Tiverton and District Hospital.

THE PROPERTY AND CONSTRUCTION
The premises have brickwork to all external elevations with internal blockwork, under a pitched and insulted profiled roofs. Originally two units the premises are now linked and provide a floorarea of 2,218 sq.ft (206 sq.m). To the front of the premises are twin glazed retail entrances, although the original roller shutters are still in stiu, with additional road fronting windows suitable for further natural light or display signage. Additional specification includes mezzanine storage floor, 2 x offices, concrete flooring and toilet facilities. To the rear of the premises is a gated yard of 2,844 sq.ft (264 sq.m) with customer parking to the front.

The current Tenants also rent a double bay workshop, on the same Estate approximately 70 meters away, which comprises of storage of 1,124 sq.ft (104 sq.m) and has double roller shutter door access and side yard for container storage. This part is available by separate negotiation if desired.

THE PROPOSAL
The premises are available by way of a new lease.

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

RATES
We are advised by the Local Rating Authority that the premises are currently assessed as follows:- Rateable Value (2026 Listing): £16,250 Rates Payable: £8,158 based on uniformed business rate of 50.2p in the pound. As from April 2017 properties with a rateable value of £15,000 are eligible to apply for an element of small business rates relief. Occupiers may qualify for reliefs and are advised to make their own enquiries of Mid Devon District Council.

VAT
Not applicable.

LEGAL COSTS
Each party to bear their own legal costs.

THE ACCOMMODATION (comprises)

SHOWROOM
GIA 2,218 sq.ft (206 sq.m) Configured as two adjoining buildings with ‘knock through’ between both units, concrete flooring, customer entrance, double door delivery entrance, 2 x roller shutter doors, insulated roof, lighting, 2 x offices, toilet facilities, mezzanine floor circa 750 sq.ft (70 sq.m) with restricted head height

CAR PARKING
To the front and side of property for circa 6 vehicles, more if double parked

REAR YARD
GIA 2,844 sq.ft (264 sq.m) Gated yard suitable for external storage or additional parking

Also a available is a workshop/store, available by separate negotiation. This is located on the same Estate, approximately 70 metres away.

WORKSHOP / STORES
GIA 1,124 sq.ft (104 sq.m) Two roller shutter access doors, electricity, area to side of unit for container, parking to front of unit.