The former AAH Pharmaceuticals site has been in operation since 1937 and is formed from former dwellings and offices with an Art Deco façade. The warehouse has been constructed and an in-fill joining the buildings together.
It benefits from a dedicated car park and separate access/loading bay.
Location
The site is located 300m from the sea and sits amongst residential properties and behind Torquay Road, the A3022. Commercial and retail premises are found in the immediate area. Nearby occupiers include Singer Court, a McCarthy Stone retirement living development, Sainsbury’s Local and seaside amenities at Paignton Beach including the Pier.
Accommodation
29,574 sq ft (2,747 sq m) gross approx. on a site of c 0.90 acres
Terms
Services We are advised that all main services are connected to the premises. We confirm that we have not tested any of the service installations and any occupier must satisfy themselves independently as to the state and condition of such items.
Data Room We are able to provide additional detail on the buildings and site.
Please contact the agents for access. Title No. DN300568
Planning The site has been used for distribution of pharmaceuticals. Given the variety of potential uses we advise any interested party to make their own enquiries with the Planning Department at Torbay District Council. Tel: 01803 207801 or https://www.torbay.gov.uk/planning-and-building/ Business Rates Interested parties should make their own enquiries to Torbay District Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment. www.voa.gov.uk. Rateable value from 1st April 2023 - £XXX
Energy Performance Certificate The EPC Rating is E 110 and the full certificate can be provided on request.
Proposal Offers are sought in the region of £XXX for the property on an unconditional basis, subject to contract. Conditional offers may be considered subject to the proposal. Vacant Possession The property is currently being cleared of all fixtures and fittings. vacant possession is available from 1st November 2023.
Legal Costs Each party is to be responsible for their own legal costs.
Proof of Funds Proof of funds will be required to support any proposal. VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the purchase price.
We recommend that the prospective purchasers establish the VAT implications before entering into any agreement.