Vickery Holman, Exeter

Former Pennymoor Timber , Pennymoor, Tiverton, Devon, EX16 8LJ

£5,417

Size

16,985

Lease length

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EPC

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Parking

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Price per
£3.83 pa
Primary use
Light industrial

No floor / site plan

Key features

  • Rare freehold available with development potential subject to planning
  • Industrial accommodation Approx. 16,985 sq ft (1,578 sq m)
  • Site extends to approx. 2.84 acres (1.148 ha)
  • For sale (may let)
  • The site benefits from lapsed residential planning consent
  • Flexible accommodation on site
  • Large concrete yard located to the rear of the property

Description

The property comprises a former timber yard premises arranged across a 2.8-acre site with a large concrete yard located to the rear of the warehouse accommodation.

The majority of the buildings provide industrial / warehouse style accommodation, along with an office block situated towards the front of the site. The buildings are a mix of construction, including steel portal framed structures with profiled sheet roof coverings, incorporating translucent panels, and elevation comprising a combination of blockwork and profiled cladding / timber boarding in parts. Access to the units is via a range of roller shutters and metal sliding doors.

Location

The site is located within the rural hamlet of Pennymoor, in Mid Devon, to the north-west of Tiverton. The surrounding area is predominantly countryside in character, comprising a mix of agricultural land, woodland and dispersed residential dwellings.

The property is situated approximately 5 miles west of Tiverton, with Tiverton being a principal market town within Mid Devon, providing the main concentration of services and amenities for the surrounding areas. The town supports a range of local retail, supermarkets, education provisions, leisure facilities, and employment areas.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a gross internal basis.

Total Accommodation Area: 16,985 sq ft (1,578 sq m)
Total Site Area: Approx. 2.84 acres (1.148 ha)


Planning

The site has several historic planning applications approved for residential development. The site previously benefitted from outline planning permission first granted in 2007 and renewed in 2010 but has since lapsed (10/00606/MOUT).

Rent / Price

The property is available at an Asking Price of £550,000. Alternatively the property could be available on a leasehold basis at an Asking Rent of £65,000 with market terms to be agreed.

Business Rates

From the Valuation Office Agency website ( we understand that the current Rateable Value is £40,000 therefore making the approximate Rates Payable £17,280 per annum for 2026/27.

Interested parties are advised to confirm the rating liability with Mid Devon District 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

In the event of a letting the Landlord will undertake appropriate works to ensure the property complies with Minimum Energy Efficiency Standard (MEES) Regulations prior to the lease completing.

Legal Fees

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

VAT

All figures quoted are exclusive of VAT if applicable.
Vickery Holman, Exeter

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Additional information
Clear height
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Yard depth
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Let type
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Let contract length
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Status
Available
Service charge
£0
Business rates
£0
Use class
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Former Pennymoor Timber , Pennymoor, Tiverton, Devon, EX16 8LJ

NEAREST STATIONS

National Rail

Crediton Station

7.46 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 21902LH. 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.