Commercial property for sale in Yalberton Tor Industrial Estate, Alders Way, Paignton TQ4

£150,000
Interested in this property? Call +44 1803 912766 * or Request Details

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Commercial property for sale

Property features

  • Industrial Investment Opportunity on a Popular Trading Estate
  • Let on a 6 Year Lease at £10,000 Per Annum + VAT
  • Ground Floor Gross Area Approx: 109m2 (1,172 sq ft)
  • Full Mezzanine Arranged as Smart Office Accommodation
  • Forecourt Parking with Space for 3 Cars

Property description

Yalberton Industrial Estate is situated on the outskirts of Paignton and is a popular location for industrial and distribution-based occupiers. The Industrial Estate is accessed via links to the Torbay Ring Road and the new South Devon Link Road, connecting Paignton to Newton Abbot, Exeter and the M5 beyond.

The Unit has useful Ground Floor Workshop/storage space, with extensive office accommodation at Mezzanine level. The office accommodation is smartly presented with a good mix of open work areas and smaller private offices. The unit is currently let to the tenant Kinetic Sports Group Ltd, on a 6-year lease from July 2022 at a passing rent of £10,000 + VAT per annum.

Ground Floor (Gross Dimensions 45' 4'' x 25' 11'' (13.81m x 7.9m))

Comprising:-

Warehouse Area

'L' shaped providing approximately 85m2 (915 sq ft).

Partitioned Office (9' 7'' x 6' 8'' (2.92m x 2.03m))

With understairs cupboard.

Kitchen

Smart rear kitchenette.

WC

With wash hand basin.

Entrace Lobby

Stairs leading to:-

First Floor Main Office (17' 5'' x 22' 0'' (5.30m x 6.70m))

Glazed to the front of the unit with inset lighting.

Office 2 (10' 8'' x 16' 10'' (3.25m x 5.13m))

Office 3 / Store (16' 7'' x 10' 11'' (5.05m x 3.32m))

Office 4 / Break Room (11' 10'' x 11' 1'' (3.60m x 3.38m))

Kitchenette / Wc's

Kitchenette area and 2 x WC's with wash hand basins.

Exterior

Parking forecourt with parking for up to three vehicles.

Tenure

The property is being sold Freehold subject to the occupational lease. Currently let to Kinetic Sports Group Ltd on a 6-year lease from July 2022 at a rent of £10,000 + VAT per annum.

Rateable Value

2017 List: £13,750.
2023 List: £17,250.

VAT

The property is elected for VAT.

EPC Rating E

Viewing

Viewings can be arranged by prior appointment with the Sole Agents, Bettesworths.

Property info

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For more information about this property, please contact
Bettesworths Commercial, TQ1 on +44 1803 912766 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bettesworths Commercial, and do not constitute property particulars. Please contact Bettesworths Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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