Investment For Sale, Exeter Road Industrial Estate, Devon

Modern, Detached Industrial Unit With Parking And Loading To Front<br>
<br>
Fit Out Includes Good Quality Offices/trade Counter And Secure Yard Area<br>
<br>
Generous Parking<br>
<br>
Passing Rent: £29,500 P.a.<br>
<br>
Let To 2029 On Fri Terms<br>
<br>
Exeter Road Industrial Estate Is Situated On The Eastern Outskirts Of Okehampton With Good Access To The A30 Dual Carriageway Via Exeter Road. The A30 Links Okehampton With Exeter And The M5 Motorway Approximately 25 Miles To The East, As Well As With Locations In Cornwall To The West.<br>
<br>
Okehampton Is The Second Largest Town In The Borough Of West Devon And, Along With Tavistock, Is The Administrative Centre For The Area. The District Population Is In Excess Of 48,000 And The Town Is Situated Approximately 19 Miles North East Of Launceston And 32 Miles North Of Plymouth.<br>
<br>
The Property Was Constructed In The Early 2000s And Provides A Combination Of Warehouse And Office Accommodation, With Parking To Front And Secure Storage Compound To The Side.<br>
The Warehouse Has Access Via Two Electronically-operated Roller-shutter Doors, One To The Front And The Other To The Side Compound. A Mezzanine Provides Additional Storage.<br>
<br>
The Office/welfare Block Provides On The Ground Floor A Reception Area, Office, Staff Room, Disabled Wc, Further Wc Block And Storage, And On The First Floor Is Laid Out As An Open-plan Office, Two Further Offices And A Kitchen. The Offices Have Suspended Ceilings With Recessed Lighting, Wall-mounted Electric Heating And Floor Coverings (industrial Vinyl On Ground Floor, Carpets On First Floor).<br>
<br>
The Property Has 3-phase Electric Supply, Fire Alarm And Security Alarm Systems.<br>
<br>
Externally, The Unit Has:<br>
Eight Parking Bays (including One Disabled) To The Front. There Is One Ev Charging Point.<br>
A Securely Fenced And Gated Compound To The Side.<br>
A Further Grassed Area On Which A 20-foot Shipping Container Is Sited (included In The Lease).<br>
Concrete-surfaced Loading Apron Plus Wash-down Bay.<br>
<br>
The Property Is Elected For Vat, And Vat Is Therefore Applicable To The Purchase Price.<br>
<br>
Each Party To Bear Their Own Legal Costs In The Transaction.<br>
<br>
B (47), Expires 22nd September 2036<br>
<br>
Let To White Star Heritage Limited (co Reg 13820466) By Way Of A Lease For A Term Of 5 Years Expiring On 22nd January 2029, Without Further Break Options.<br>
<br>
The Passing Rent Is £29,500 Per Annum Exclusive, Subject To Upward-only Rent Review To Market Rent On 23rd January 2027.<br>
<br>
The Lease Is On Full Repairing And Insuring Terms And Is Contracted Out Of Security Of Tenure.