Two new semi-detached, self-contained business units
Situated on a growing semi-rural business park circa 1.5 miles from Exeter and M5
Approx: 810 - 1,620 sq ft (75.3 - 150.6 sq m)
3 car parking spaces per unit
For sale: £205,000 per unit. To let from: £12,500 p.a. per unit
Yeo Business Park is located off the A3052 Sidmouth Road just past Westpoint (Devon County Showground), approximately 1.5 miles from Junction 30 of the M5.
Yeo Business Park currently comprises 12 office units, and two further units are nearing completion. Each unit has allocated car parking and there are ample landscaped areas which are maintained by the landlord. The units in the next phase will be of a similar (but not identical) specification to the existing units.
Accommodation
The development comprises two semi-detached and self-contained units. The units provide ground floor accommodation comprising open-plan offices with kitchen and accessible WC, as shown in the plan overleaf. The external elevations are wooden-clad, with double-glazed windows and doors and a pitched roof. The offices have full-height interiors and would permit purchasers to add additional mezzanine accommodation at a future date.
The design of the offices includes large, full-height glazed panels and a glazed entrance door. The internal specification can be tailored to suit purchasers' requirements but as standard includes LED lighting and power provision along the walls. Each unit has a disabled WC and kitchen units.
Each unit has an approximate gross internal area of circa 810 sq.ft (75.3 sq.m).
Externally, the units each have 3 allocated car parking spaces, and additional visitor and disabled spaces are available. Electric vehicle charging points are offered as an optional feature, terms by agreement.
Services
Mains water and electricity are connected and drainage is via a private system. Central heating is via an individual gas-fired boiler which is linked to a communal LPG tank with separate metering.
Sale Terms
£205,000 per unit is sought for a new 999 year lease on the basis that the units are offered with internal decoration and fit-out but without floor coverings, which can be included for an additional sum to be agreed.
An estate charge is charged for the upkeep and maintenance of the common parts, landscaping and shared services on the site.
Lease Terms
Alternatively, a new lease is available in respect of either unit. Rents from £12,500 per annum are quoted, subject to other lease terms.
Reservation and deposit
In the case of a sale, the purchaser will be required to provide a non-refundable reservation deposit of £2,500 upon terms being agreed, in order to secure the unit until the agreed date for exchange of contracts. The deposit will be deducted from the deposit payable on exchange.
Broadband connectivity
Fibre optic is available to the estate. A report on the broadband services available at this address is available on request.
Business Rates
The units will be assessed for business rates on completion.
VAT is chargeable on the purchase price/rent and service charge.
Both parties to bear their own legal costs in the transaction.
EPCs will be available on completion of the building.
For Sale: £205,000 per unit. To let from: £12,500 p.a. per unit
