Industrial to let in Cavalier Road, Newton Abbot TQ12

Situation and description

The Business Park is located in Cavalier Road just off the main estate spine road of Battle Road and adjoining the Teignbridge Enterprise Agency complex. Heathfield occupies a most convenient position adjacent to the A38 dual carriageway, linking Plymouth and Cornwall to Exeter and the M5 motorway. Excellent road communications are therefore possible, making it a favoured site for businesses covering the whole of Devon, and benefiting from its central and strategic location. Exeter is 18 miles and Plymouth 40 miles distant. Other business centres are Newton Abbot which is approximately 5 miles and Torquay which is 12 miles distant.

The units are constructed to a high standard, comprising a steel portal frame with lower elevations of facing bricks externally to 2.2m and faced blockwork internally, to the same height, with plastic coated profiled steel cladding, incorporating an insulation quilt and internal lining to the upper elevations. The eaves height is approximately 4.7 metres. The roof has plastic coated profiled steel cladding, insulation quilt and internal lining but also incorporates approximately 10% double skin roof lights.

Accommodation

Brief details of the accommodation with approximate maximum internal dimensions are as follows:-

Workshop 7.86m x 7.58m (25’9” x 24’10”) max
Accessed via either a full height roller shutter door providing good vehicular access (3.93m high x 2.98m wide) or a pedestrian door directly off of the car park area. Strip lighting and power as fitted. Concrete floor. Translucent roof panel.

Toilet
WC suite with wash hand basin and electric water heater.

Externally

To the front of the unit is a level loading and unloading area with 3 reserved car parking spaces allocated to this unit.

Rates

Rateable Value:- £5,600 (2023 valuation list)

A reduction of up to 100% may be available under the small business relief scheme. To see if you or the premises qualify for this discount please contact Teignbridge District Council Business Rates department on rent and tenure
£8,250 per annum plus VAT is sought for a new 6 year lease, contracted outside of the Landlord and Tenant Act, with a rent review and tenant only break clause at the end of the 3rd year providing 6 months prior written notice.

The rent will include all external repairs and decorations of the unit, the estate roads and all parking and landscaping areas. Also included in the rent will be the buildings insurance.

The tenant will therefore be responsible for the internal repair and decoration of the unit, contents insurance and any services used.

VAT

VAT is payable on the rent on this occasion.

Services

All mains services are available to the unit including 3 phase electricity, gas, mains water and drainage.

Energy performance certificate

An EPC has been obtained, a summary is below a full copy can be downloaded from the web site. The Rating is : - D 93

Legal costs

A contribution of £350 plus V.A.T. Is required towards the landlord’s legal and administration costs in setting up the lease.

Viewing

Strictly by prior appointment only with the sole agent, for the attention of Tony Noon Ref (0459)