Light Industrial for sale

Bodyshop, Cattedown Road, Plymouth, Devon, PL4 0PL


POA
16,898 ft²

Features

  • Central Plymouth
  • Detached industrial unit
  • Easy access to the A38
  • Secure yard

Description

The property comprises of a detached industrial unit with a yard to the rear. The rear part of the building is an open warehouse space with a north light roof and a roller shutter that opens onto the yard. There is a toilet block and staff kitchen in the warehouse. To the front of the property there is another smaller warehouse area with a mezzanine, that can be accessed via a roller shutter from the front of the property, and then another roller shutter that leads in to the main warehouse space. Along the front of the property there are also two storeys of office / storage space, as well as another roller shutter. In addition to a fourth roller shutter on the side of the property.



Location



The property occupies a corner position on Cattedown Road between Alvington Street and Tresillian Street. There is easy access to Gdynia Way and in turn the A38.



Accommodation



All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a gross internal basis.



Ground floor - 1,477 sq m (15,898 sq ft)

First floor - 92.9 sq m (1,000 sq ft)

Second floor - 121 sq m (1,302 sq ft)



Total - 1,569.8 sq m (16,898 sq ft)



Minimum eaves height - 5.29m

Maximum eaves height - 8.16m



Rent / Price



55,000 per annum exclusive



Terms



The premises are available by way of a new full repairing and insuring lease. Alternatively the long leasehold can be purchased. The lease is for a period of 99 years, commencing on 21st February 1953 and therefore expiring on 20th February 2052. The ground rent is 120 pa. Offers will be considered for the long leasehold interest.



Business Rates



From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value is 49,750. Therefore making the approximate Rates Payable 24,825 per annum for 2021/22. Interested parties are advised to confirm the rating liability with Plymouth City Council.



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



Awaited



Legal Fees



Each party to be responsible for their own legal fees in relation to this transaction.



VAT



All figures quoted are exclusive of VAT if applicable.

Categories

Light Industrial
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Property reference
CP124564_19293FH