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Industrial Unit

Industrial Unit For Sale Barnstaple

PROPERTY ID: 112178

PROPERTY TYPE

Industrial Unit

STATUS

Under Offer

SIZE

53,937 sq.ft

Key Features

Large warehouse and showroom
Covered store to rear
Secure yard
High eaves
Potential for sub-division of the site
Potential for re-development - commercial or residential (STP)
Informal tender to be received by 12 noon on Friday 19th January 2024

Property Details

The property is situated on the edge of Stibb Cross, a small village approximately 5 miles from the towns of Torrington and Holsworthy. The property fronts the B227.

This L Shaped Site Provides Two Buildings. The Building To The Front Provides A Retail Area With A Warehouse At The Rear. The Warehouse Also Benefits From A Mezzanine Covering Part Of The Unit And A Sliding Door Which Exits On To The Yard. Above The Retail Area Is A Showroom And Offices, This Is Connected To The Mezzanine In The Warehouse. The Rear Unit Is An Open Frontage Storage Unit. Internally There Are Two Smaller Sub-divided Spaces But The Majority Is Open. Between The Two Units Is A Secure Yard. The Site Cannot Be Used For A Builders Merchant For A Period Of 3 Years. Location The Property Is Situated On The Edge Of Stibb Cross, A Small Village Approximately 5 Miles From The Towns Of Torrington And Holsworthy. The Property Fronts The B227. Accommodation All Areas Are Approximate And Measured In Accordance With The Rics Property Measurement (2nd Edition) On A Gross Internal Basis. Front Unit Retail Area - 611.3 Sq M (6,580 Sq Ft) Warehouse - 493.8 Sq M (5,316 Sq Ft) Mezzanine - 184 Sq M (1,980 Sq Ft) First Floor Showroom/offices - 525.1 Sq M (5,652 Sq Ft) Maximum Eaves Height - 8.46m Minimum Eaves Height - 7.35m Total - 1,814 Sq M (19,528 Sq Ft) Rear Unit 3,196.7 Sq M (34,409.67 Sq Ft) Maximum Eaves Height - 6.54m Minimum Eaves Height - 4.79m Grand Total - 5,010.9 Sq M (53,937.5 Sq Ft) Site Area - 2.685 Acres Rent / Price £700,000 Business Rates From The Valuation Office Agency Website (www.voa.gov.uk) We Understand That The Current Rateable Value Is £117,000, Making The Rates Payable £59,904 Per Annum For 2023/24. 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 D (76) Legal Fees Each Party To Be Responsible For Their Own Legal Fees In Relation To This Transaction. Vat The Property Has Been Elected For Vat And Therefore Vat Will Be Charged On The Price.

About the Agent

Industrial Unit

£700,000 Freehold

Travis Perkins,Stibb Cross, Barnstaple, EX38 8LJ
Industrial Unit - Under Offer
53,937 sq ft
5,011 sqm
Show phone number

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