Location
Located on the outskirts of the historic north Cornish town of Launceston in a prominent, tranquil and landscaped setting of just under two acres; NUMBER ONE boasts excellent transport links into Cornwall, Devon and the south west region generally. Strategically located 250m away from the A30 dual carriageway and within a mile of the A388; Exeter, Plymouth and Truro are under an hour away by car.
What 3 words location: cropping.deflation.purse
Description
NUMBER ONE is a substantial and impressive three storey late Georgian property of some 11,000 sq.ft, set in mature landscaped gardens alongside extensive parking. The largely open plan offices are accessible via their own ground floor entrance. The offices have exclusive toilet facilities. The surrounding land and gardens provide a peaceful and relaxing setting for people working in the buildings to enjoy breaks.
NUMBER ONE has been predominantly full to capacity since refurbishment but a rare opportunity to occupy part of the property (Unit 2) has arisen.
Services
Water - Sub metered mains supply.
Electric - Sub metered single phase supply.
Drainage - Public sewer connection
Internet - Broadband is understood to be available to the property.
Amenities
Launceston boasts the following amenities and nearby services: Numerous independent shops and national chains, sports pitches and a leisure centre, primary, secondary and six form educational facilities and quality local restaurants and pubs. Pennygillam Industrial Estate is under half a mile away and is home to a wide variety of local, national and international businesses who, along with NUMBER ONE tenants, have chosen to locate to north Cornwall for economic and lifestyle advantages (lower rates and staff costs, reliable staff, less traffic congestion, better air quality and a stunning environment). The A39 Atlantic Highway (15 miles) connects to north Cornish beaches (Crackington 17 miles) and the scenic Cornish coastline. Railway services are available at Okehampton (21 miles). London to Exeter is approximately 2.5 hours. Newquay and Exeter airports service international and domestic flights (38 & 50 miles respectively). All distances are approximate and by road.
Accommodation
Access is via a ground floor entrance lobby which leads to a stairway up to the first floor. There is an additional door leading to an external metal fire escape to the rear of the property.
From the top of the stairs the open plan office space (Office 1) is to the left. There is a corridor to the right leading to a Staff Room, Office 2 and two WC’s. There is a gas boiler in a cupboard of Office 2 which provides hot water and heating to the unit. The unit includes generously sized windows providing good levels of natural light and ventilation. There are extensive car parking facilities on site; the number of parking bays required can be negotiated.
There is additional land within the site that could be utilised for further office development or additional temporary accommodation to enable tenants to grow if required.
Approximate Area Measured
Ground Floor Entrance Lobby - 2.20 sq.m. (24 sq.ft.)
Office 1 - 110.08 sq.m. (1,185 sq.ft.)
Raised storage shelf (excl. from total area) - 2.29 sq.m. (25 sq.ft.)
Office 2 - 11.00 sq.m. (118 sq.ft.)
Boiler Cupboard off Office 2 - 0.39 sq.m. (4 sq.ft.)
Staff Room - 6.85 sq.m. (74 sq.ft.)
Lobby - 0.88 sq.m. (9 sq.ft.)
Corridor - 4.81 sq.m. (52 sq.ft.)
WC 1 - 1.35 sq.m. (15 sq.ft.)
WC 2 - 2.19 sq.m. (24 sq.ft.)
Total IPMS 4.2 - 139.75 sq.m. (1,505 sq.ft.)
Note: Areas and dimensions are approximate and measured and stated in accordance with the International Property Measurement Standards (All Buildings) published January 2023. IPMS 4.2 is similar to NIA (net internal area), although includes circulation areas and standard facilities such as toilets etc. Net internal area conversions are available upon request. References to “max” refer to the maximum dimension within the area, meaning the opposite wall is shorter because of an obstruction such as column or boxed pipe for example.
Planning & Building Regulations
The property is not understood to have a recent planning history as was constructed some time ago. Planning history can be viewed on the Cornwall Council Online Planning Register. Prospective tenants should make any investigations though their legal advisors. The existing planning use class is understood to be B1 (business)/ now E, although the property could be suitable for alternative uses (subject to obtaining the necessary planning consents).
Legal Costs
The prospective tenant will pay the landlord’s reasonable legal costs for preparation of the lease. Subject to a maximum of £950 plus VAT.
Price
Offers in the region of £14,500 are sought for the annual rental of the property. A fixed maintenance rent of 12% of the annual rent will be charged as a contribution towards the cleaning, maintenance and repair of the communal areas of the buildings and grounds.
Terms
The property is available on a full repairing and insuring lease. A service charge may be charged in addition to the rent for the maintenance and repair of common areas of the estate. The landlord will recover the cost of insurance from the tenant (premium to be confirmed). The landlord envisages a lease term of three years or more. The property will be available with vacant possession. Racking can be made available subject to negotiation.
Business Rates
The current rateable value (RV) for Unit 2 is £11,750. The current rateable value (RV) for two parking spaces associated with Unit 2 is £1,000. The RV is as stated on the Valuation Office Agency (VOA) website service (effective date 1st April 2026). Information concerning how rates are calculated are available on the Cornwall Council website. It is possible prospective tenants could be eligible for small business rates relief (to be investigated by interested parties as required).
EPC
The property has an EPC rating of "C", certificate reference number 2322-9896-1086-0562-9071, which is available to view and download online from the Non-Domestic Energy Performance Certificate Register (ndepcregister.com).
VAT
The property is not understood to be elected for VAT and as such VAT will not be charged on rent.
Subject to Contract
These particulars are provided for guidance only and do not constitute an offer or contract. All descriptions, dimensions and other details are given in good faith but any intending purchasers or tenants should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to their accuracy.
Viewing Arrangements
Viewings are by appointment only. Contact Phil Wiltshire on the website link below.
