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 1,200 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.
THE PROPERTY AND CONSTRUCTION
The unit forms part of a terrace of five industrial / workshop / business units. Being an end of terrace the premises are constructed to a high specification and includes brick facing, insulated steel profile external panelling, steel profile boxed sections, insulated roof panelling, double glazed windows and double glazed entrance door. The ground floor is currently configured as 3 rooms (including staff room) which were previously used for workrooms and storage, 861 sq.ft (80 sq.m). The mezzanine floor offices total 822 sq.ft (76 sq.m) and are arranged as 2 offices plus training room. Additional specification includes central heating via wood pellet boiler, intruder and fire alarm, lighting, staff room with base units and worktop, separate ladies and gents toilet facilities. There is on site car parking for the unit to the front and side.
THE PROPOSAL
The premises are available by way of a new lease. There is a service charge operated on an ‘as costs arise basis’, estimated at £500 per annum.
RATES
We are verbally advised by the Local Rating Authority that the premises are currently assessed as follows:- Rateable Value (2026 Listing): £12,000 Rates Payable: £6,024 based on uniformed business rate of 50.2p in the pound. As from April 2017 properties with a rateable value of £12,000 or less are eligible to apply for small business rates relief. Occupiers may qualify for reliefs and are advised to make their own enquiries of North Devon District Council.
ENERGY PERFORMANCE CERTIFICATE
Please contact the agents for a copy of the Energy Performance Certificate and Recommendation Report.
VAT
If applicable, at the prevailing rate.
LEGAL COSTS
Each party to bear their own legal costs.
SERVICES
Mains water, electricity, drainage, (no gas), telephone connection.
THE ACCOMMODATION (comprises)
GROUND FLOOR
GIA 861 sq.ft (80 sq.m) Configured as workroom / storage, store / changing rooms with 2 x toilet facilities, kitchen / staff room
MEZZANINE FLOOR
GIA 822 sq.ft (76 sq.m) Configured as 2 offices and training room.
IMPORTANT NOTICE
JD Commercial for themselves, and for the Vendors of this property whose Agents they are, give notice that:
1. The Particulars are set out in general outline only for the guidance of intending purchasers and do not constitute part of an offer or contract. Prospective purchasers should seek their own professional advice.
2. All descriptions, dimensions and areas, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them.
3. No person in the employment of JD Commercial has any authority to make or give any representation or warranty whatever in relation to this property or these particulars nor to enter into any contract relating to the property on behalf of JD Commercial, nor into any contract on behalf of the Vendors.
4. No responsibility can be accepted for any expenses incurred by any intending purchaser in inspecting properties which have been sold, let or withdrawn.
5. While we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you, please contact JD Commercial and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property.
VIEWING
By strict appointment through the selling Agents, JD Commercial, 42 Ridgeway Drive, Bideford, North Devon. EX39 1TW
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