Vickery Holman, Exeter

2 Lime Court, Pathfields Business Park, South Molton, Devon, EX36 3LH

Offers in region of

£425,000

Size

5,008

Tenure

Freehold

EPC

Ask agent

Parking

27

Primary use
Other

No floor / site plan

Key features

  • Multi-let office investment
  • Approx 5,008 sq ft (465.26 sq m)
  • Passing rent at £48,870 per annum
  • Modern office premises
  • Established local & regional tenants
  • Located in a prominent position on Pathfields Business Park
  • 27 parking spaces on site
  • OIRO £425,000 reflecting a NIY of 11% (after an allowance for purchaser's costs of 4.33%)

Description

The property consists of a purpose built modern end of terrace office development over the ground, first and second floors. The property is fitted to a good quality office fit out with air conditioning, carpet covering to all floors, painted plaster walls with some internal demountable partitions and suspended tiled ceilings with recessed lighting. The property benefits from 21 parking spaces to the front with bike storage also located onsite.

Each floor has its own reception area leading off of the central staircase. There is also lift access via the central staircase and overall the accommodation provides one of the best office buildings in the town.

Location

Lime Court is located in a prominent position on Pathfields Business Park in South Molton circa 33 miles from Exeter and 14 miles from Barnstaple via excellent access to the North Devon Link Road. The Business Park is the main hub for business in the town with other occupiers such as accountants, solicitors, land agents and Mole Valley Farmers Store all in close proximity.

The town itself is a vital market town in North Devon with twice weekly markets, historic sites such as the Guildhall, excellent local shops and cafes and Exmoor National Park just a short drive away which offers a wide range of outdoor pursuits. The town is serviced by regular bus links to local towns such as Tiverton and Barnstaple which also provide train links across the region via Barnstaple Train Station and Tiverton Parkway.

Accommodation

All areas are approximate and provided by client from own management records.

Ground - 1,797sq ft (166.95 sqm)
First - 1,845 sq ft (171.41 sq m)
Second- 1,366 sq ft (126.90 sq m)
Total - 5,008 sq ft (465.26 sq m)


Rent / Price

Offers in the region of £425,000

Business Rates

Interested parties are advised to confirm the rating liability with North Devon council.

Services

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC

Please contact the agents for details.

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

The property has been elected for VAT and therefore VAT will be charged on the price.
Vickery Holman, Exeter

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Brochure

2 Lime Court, Pathfields Business Park, South Molton, Devon, EX36 3LH

NEAREST STATIONS

National Rail

Umberleigh Station

6.7 miles

About Vickery Holman, Exeter

Vickery Holman, Exeter

Vickery Holman is a multi-disciplined property company, the roots of which can be traced back as far as 1848. Today, the consultancy has more than 60 people working in four offices, strategically placed across the South West. Vickery Holman is a limited company, owned by its employees, and is a member of the RICS (Royal Institution of Chartered Surveyors).

Our consultants offer a full spectrum of skills in all areas of property, from all aspects of general practice and building surveying, right through to the management of commercial and residential property. Our specialist areas include dispute resolution, development consultancy, valuation, lease consultancy, business rates negotiations, in addition to commercial sales, lettings and acquisitions.

We deliver commercial property opportunities to a wide range of clients from single tenants to large scale investors. Our tailored, personal service aims to empower all our clients, whether they are new to property or seasoned professionals. We believe communication through personal contact is key to highlight those investment opportunities or potential pitfalls.

Can't find what you are looking for here? Call one of our offices in your area to speak to our experts who can identify with your property requirements and guide you through the process to find the right option for you.

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Disclaimer - Property reference 21827FH. 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 Vickery Holman, 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.