Industrial unit to let in Launceston

COMMON USE CLASS: B2 General Industrial

This property is marketed by:
Smart Commercial Property Ltd

Key Features

• The 15,991 sq. ft (1,485.56 sq. m) unit is self-contained which is well presented both internally and externally incorporating a warehouse, office, car park and yard
• The main unit is a detached warehouse of partial steel-frame construction and profile metal cladding to the external walls
• Minimum eaves height of 6 metres (19.69 feet) with loading doors to the rear
• The office comprises a range of individual rooms along with male and female WCs
• There is also a fully concreted yard at the rear of the building and parking for 20+ vehicles at the front
• Less than 1 mile from the A30, Cornwall's main arterial route
• 37 miles from Newquay Airport

Location

The unit is located on one of the principle Cornish Industrial Estates at Pennygilliam Industrial Estate in Launceston close to the main A30 (less than 1 mile) which links with the M5 (42 miles) and motorway network at Exeter. Plymouth is the nearest city, 24 miles away. There is a range of national, regional and local business occupiers. Launceston train station is 1.5 miles, Newquay

Description

The 15,991 sq. ft (1,485.56 sq. m) well presented unit is self-contained incorporating a warehouse, office, WCs, car park and yard. The site area is approximately 0.7 acres (0.28 hectares). The main unit is a detached warehouse of partial steel-frame construction and profile metal cladding to the external walls. There is a minimum eaves height of 6 metres (19.69 feet), with loading doors to the rear. The office comprises a range of individual rooms along with male and female WCs. There is also a fully concreted yard at the rear of the building and parking for 20+ vehicles at the front. Local occupiers include John Guest, Royal Mail, Fedex, Pallex and Howdens. 

Tenure

To let £87,950 per annum. Terms to be negotiated subject to covenant strength.

Planning

Please note the Use Classes Order has been revised from 1 September 2020 and is relaxing the uses on some properties, which maybe beneficial to particular tenants. Prospective tenants are advised to contact Cornwall Council in respect of any specific planning enquiries on [email protected] or 0300 1234 151.

EPC

The property has a current EPC rating of E.

VAT

Under the Finances Acts 1989 and 1997, VAT may be levied on the rental. We recommend that the prospective tenant established the VAT implications before entering into any agreement.

Legal Costs

Each party to bear their own legal costs incurred in the transaction. However if the leaseholder aborts the transaction for any reason then they will be responsible for the landlords legal costs.

Services

We understand that mains gas, 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 enquires.

Asbestos Regulations

It is the responsibility of the owner or tenant of the property and anyone else who has control over it and/or responsibility for maintaining it to comply with the Control of Asbestos Regulations 2006 (CAR 2006). The detection of Asbestos and asbestos related compounds is beyond the scope of Smart Commercial Property and accordingly we recommend you obtain advice from a specialist source.

Rateable Value

The rateable value is £44,000 p.a. as of 2017. Interested parties should make their own enquiries of the local authority to ascertain the exact rates payable. Cornwall Council, Carrick House, Pydar Street, Truro, Cornwall TR1 1EB. Tel: 01872 224397 , e-mail: [email protected] or enquiries can be made on-line at the VOA website: www.voa.gov.uk.