The property comprises a concrete framed warehouse unit with welfare facilities and office space above. The site is 2.62 acres, with a warehouse and yard occupying a site of 1.45 acres of concrete hard standing.
Location
The site is located on Fairfax Road, to the rear of Heathfield Industrial Estate. The industrial estate occupies a convenient position adjacent to the A38 dual carriageway which links Plymouth and Exeter. The A38 offers easy access to the M5 motorway.
Accommodation
8,905 sq. ft gross (827.35 sq. m)
Terms
Services We are advised that mains electricity, water and sewage services are connected to the property. 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 We are verbally advised that the accommodation has planning consent for Industrial use, but any occupier should make their own enquiries to the Planning Department of Teignbridge District Council. Tel: 01626 216200 or Planning and Building Control - Teignbridge District Council
Business Rates Interested parties should make their own enquiries to Teignbridge 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.
Energy Performance Certificate The EPC rating is C64, and the full certificate is available on request.
Planning The property is available on a new full repairing lease with terms to be negotiated
. Rent The property is offered to let for £75,000 per annum + 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. We recommend that the prospective purchasers establish the VAT implications before entering into any agreement.
AML A successful tenant will be required to provide relevant information to satisfy AML requirements when Heads of Terms are agreed.