The property comprises of a detached extended industrial warehouse unit. It has a mix of steel and reinforced concrete portal framed construction with concrete block lower elevations. Internally there is office accommodation at ground and mezzanine levels adjacent to the southern building.
The total site extends to c. 1.11 acres ( 0.45 ha). Externally to the front is a loading and parking area with a secure yard area to the side.
The property is in need of some repair works and improvement.
Location
Padstow is a coastal fishing port on the north coast of Cornwall, England, situated on the west bank of the River Camel estuary. Padstow is famous for its working fishing harbor, seafood, and being the home of chef Rick Stein It lies 14 miles northeast of Newquay and 6 miles west of Wadebridge. The town is connected by road via the A389 from Wadebridge and the B3276 coastal road from Newquay. The property is situated in a prominent corner position on the entrance to Trecerus Industrial Estate which is the principal industrial and distribution estate for the town
Accommodation
26,232 sq ft (2,436.9 sq m)
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
Planning No planning history is available on-line however the property has been used industrial warehouse purposes for many years. Any occupier should make their own enquiries to the Planning Department of Cornwall Council. Tel: 0300 1234 151 or https ://www.cornwall.gov.uk/the-council-and democracy/contacting-the-council/planning/ Business Rates The current Rateable Value is £117,000. Interested parties should make their own enquiries to Cornwall Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment. www .voa.gov.uk.
Energy Performance Certificate An EPC has been commissioned and will be available for inspection.
Code for Leasing For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate Code for Leasing 2020.
Purchase Price The property is offered for sale at £900,000 exclusive of VAT (we understand the property has been elected for VAT).
Legal Costs Each party is to be responsible for their own legal costs.
VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the rent/purchase price. We recommend that the prospective tenants/purchasers establish the VAT implications before entering into any agreement.
AML A successful purchaser will be required to provide relevant information to satisfy AML requirements when Heads of Terms are agreed