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Guide price

£265,000

(£76.70/sq. ft)

Industrial for sale

Clampet Lane, Teignmouth TQ14
3,455 sq. ft

Guide price

£265,000

(£76.70/sq. ft)

Industrial for sale
Clampet Lane, Teignmouth TQ14

    • 3,455 sq. ft

About this property

    Situation and description

    Teignmouth is a popular and historic seaside resort situated on the South Devon coast between the River Exe and River Teign estuaries. Teignmouth is located approximately 16 miles south of Exeter and 7 miles west of Newton Abbot. Road access is principally via the A379 which forms the picturesque coastal route from Exeter to Newton Abbot and onto Torbay. Access to the M5 motorway is available at either junction 30 approximately 12 miles away, or via the A380 dual carriageway linking with the M5 at Exeter. The town enjoys a mainline railway station with regular service to London (Paddington). Teignmouth has a good resident population which is significantly increased in the summer months.

    The premises have traded as a Garage for many years with the first floor studio having been a dance school and music practice area. The premises are in need of refurbishment, or could suit a redevelopment for either a continued commercial use of one or both floors, or possibly part residential use, with the benefit of up to 4 - 6 parking spaces in the town centre, subject to the usual planning consents. The premises are now offered with vacant possession.
    Accommodation

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

    Accessed from Clampet lane via a forecourt area with car parking for 4 – 6 cars.

    Garage 15.6m x 9.73m (51‘2“ x 31‘2“) max
    Former garage premises with electric roller shutter door and pedestrian door to the Office / Reception. Concrete floor. Power and lighting as fitted. Archways at the rear of the workshop space to vaulted storage areas.

    Storage 3.83 x 2.64m (12’6” x 8’8”) max
    Concrete floor. Power and light as fitted.

    Office 2.87m x 2.74m (9’5” x 8’11”) max
    Power and light as fitted. Benching to one wall. Door to …..

    Reception Area 4.20m x 3.74m (13’9” x 12’3”) max
    Part glazed door from Courtyard area. Counter to reception area and door to the Office. Benching to rear wall.
    First floor studio

    Door from the courtyard with stairs up to …..

    Studio / Workshop 12.71m x 9.74m (41’8” x 31’11”) max
    Open plan space with windows to the front and rear. Timber floor. Vaulted roof. Door to rear flat roof area. Power and light as fitted. Belfast sink with electric over sink water heater. Double doors at 1st floor level with electric hoist (un-tested)

    Store No1 2.73m x 1.55m (8’11” x 5’1”) max
    Power and light. Skylight. Accessed off the main area. These partitions could be removed to open up this area into the main studio or into the second store room.

    Store No2 6.22m x 3.88m (20’5” x 12’9”) max
    Racking to 3 walls. Power and light as fitted. Vaulted ceiling. Window to side.
    Externally

    To the front of the property is a concreted forecourt area with parking for 4 – 6 cars.

    External Toilet
    WC suite.
    Services

    We have been advised that mains water, drainage and electricity are available to the premises. Interested parties are encouraged to make enquiries will all the relevant service providers to ensure the supplies are sufficient for their proposed use.
    Energy performance certificate

    An EPC has been requested, a copy will be available to download from the web site. The rating for the Ground Floor Offices is: And the Rating for the Studio is:
    Planning

    We understand the premises have been used as a garage on the ground floor with a studio / workshop on the first floor. Interested parties are required to make their own enquiries with Teignbridge District Council Planning Department to ensure their proposed use will be acceptable. The vendors have confirmed that they are not seeking subject to planning offers.
    Business rates

    Rateable Value - Garage: - £10,250 (2023 Valuation)
    Rateable Value - 1st Floor Studio: - £ 5,500 (2023 valuation)

    We understand that a rates reduction of up to 100% could be available on the premises under the Small Business Rate Relief scheme for qualifying businesses. To see if you or the premises qualify for a reduction, please contact the Business Rates department at Teignbridge District Council price and tenure
    Offers are sought in excess of £265,000 for the freehold of this conveniently located town centre property with Commercial and Residential development potential, subject to necessary consents.
    VAT

    We understand that VAT is not chargeable on the sale price.
    Anti money laundering regulations compliance

    A successful purchaser will be required to provide proof of identity and address, plus proof of funds to satisfy the Anti Money Laundering requirements when Heads of Term are agreed
    Legal costs

    Each party are to be responsible for their own legal costs.
    Viewing

    Strictly by prior appointment only with the sole agents, for the attention of Tony Noon Ref (0850)

    More information

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