Padstow

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INDUSTRIAL UNIT/WORKSHOP TO LET - UNIT 5C4 AND 5C5 TRECERUS INDUSTRIAL ESTATE, PADSTOW

Assignment of existing 6 year lease commencing 20th June 2018 at a commencing rent of £20,000 pa.

Modern two storey building providing good open plan accommodation on two floors with roller shutter doors, separate pedestrian access with separate access and stairwell to first floor.

LOCATION:
Padstow lies on the north coast of Cornwall on the western side of the Camel Estuary approximately 7 miles west of Wadebridge. The town is popular with day visitors during the holiday season due to its interesting range of shops, its reputation for restaurants, more particularly Rick Stein’s restaurant, together with features such as the harbour, ferry to Rock and the Camel Trail cycle path to Wadebridge and Bodmin. Whilst Padstow’s resident population is approaching 7,000 persons, its catchment during the holiday season is significantly more, benefiting from a large influx of tourists both from the immediate vicinity as well as Newquay.

SITUATION:
The unit is situated on the popular Trecerus Industrial Estate which is a few miles outside the busy holiday resort of Padstow. The site is situated on the northern boundary of the estate with a rear rural aspect and a number of new units in close proximity.

DESCRIPTION:
The modern two storey building provides good open plan accommodation on two floors with roller shutter doors and a separate pedestrian access along with a separate access and stairwell to first floor. The roller shutter doors on the ground floor take you into loading bays with a further door then leading into the open plan industrial space. The first floor comprises of an office, an open plan floor space, kitchen and WC. As the construction incorporates windows these provide good natural light to first floor.

ACCOMMODATION: (All dimensions and areas are approximate)

Unit 5C4

Ground Floor
Total area 35.04m² (377ft²)
Includes disabled toilet facility

First Floor
Store/Office 16.10m² (173ft²)
Kitchen 9.90m² (107ft²)
WC

Unit 5C5

Ground Floor
Total area 77.20m² (830ft²)

First Floor
Store 77.20m² (830ft²)

LEASE TERMS:
The premises are available by way of an assignment of the existing 6 year lease commencing 20th June 2018 at a commencing rent of £20,000 per annum. The lease is a full repairing and insuring lease with a rent review on the third anniversary of the term.

RENT:
£20,000 per annum

RATES:
Rateable value - £12,500 (2017 List) - Occupiers can therefore potentially qualify for small business rate relief subject to eligibility. .

Cornwall Council are the charging authority and enquiries regarding the rates payable should be made with them - Tel: 0300 1234171

VAT:
All figures quoted are exclusive of VAT where applicable.

COSTS:
The ingoing Assignee to be responsible for the Assignor’s and Landlord’s reasonable legal fees for dealing with the assignment.

SERVICES:
We understand that the property is connected to mains electricity, including three phase, gas, water and drainage.

PLANNING:
Interested parties should satisfy themselves that their proposed use complies with the existing planning consent.

MONEY LAUNDERING REGULATIONS:
In line with The Money Laundering Regulations 2017, Charterwood are obligated to verify ID for all clients that are conducting property transactions through the Company.

VIEWING:
By appointment with Charterwood on (01872) 261216. Contact Chris Waters or Jo Counter.

ENERGY EFFICIENCY RATING C:

THIS PROPERTY HAS A RATING OF 72
Certificate Reference Number: 0220-7223-0390-4012-8014
Property Reference Number: 2741-4012-0209-0802-0325

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