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Offers over

£495,000

(£99.54/sq. ft)

Retail premises for sale

Ashburton, Newton Abbot TQ13
4,973 sq. ft

Offers over

£495,000

(£99.54/sq. ft)

Retail premises for sale
Ashburton, Newton Abbot TQ13

    • 4,973 sq. ft

About this property

    Situation and description

    The Linhay Business Park is located adjacent to the A38 Dual Carriageway on the edge of Ashburton linking Plymouth and Cornwall to Exeter and the M5 Motorway network. These excellent road communications will make this a favoured site for businesses covering the whole of Devon, therefore benefiting from its central and strategic location. With quick access to the A38 Exeter is just 18 miles distant with Plymouth approximately 35 miles distant. Other local business centres are at Newton Abbot which is approximately 5 miles distant and Torquay which is some 12 miles away. Ashburton offers a local centre with a vibrant Town Centre.

    Unit C1 is a modern and well presented purpose built end of terrace Business Unit which has traded as Big Peaks, a Mountain Bike and Watersport equipment retailer for many years, benefitting from 19 car parking spaces in the front courtyard. A full height glazed frontage provides a light and airy retail space with a balcony area running around 3 sides. To the rear is a workshop / store and Office with a further storage / workshop area on the first floor. The space is flexible and versatile, and would suit a wide variety of potential users including a continued Retail use, Offices, Manufacture / Assembly space or a mix of these uses, subject to any necessary consents.
    Accommodation

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

    Retail Area 17.18m x 13.26m (56’4” x 43’6”) max
    Approached from the courtyard via pair of glazed doors. Attractive space with full height area plus galleried Balcony running to 3 sides offering further retail space. Laminate floor.

    Mezzanine Retail Areas
    These are located to 3 sides around the main retail area and offer 2 areas of 10.00m x 3.00m (32’10” x 9’0”) plus one at the front of 11.24m x 3.24m (37’5” x 10’8”) max
    Lamiate floors Balustrade to retail area below. Main central staircase plus 2 further staircases at each end.

    To the rear of the ground floor retail, area are the following:-

    Workshop No 1 6.36m x 4.76m (20’10” x 15’7”) max
    2 access doors from the retail area. Slat boarding to one wall. Ruberised flooring. Power and lighting as fitted.

    Office 5.81m x 4.76m (19’1” x 15’7”) max
    Window to side. Power and light as fitted. Carpeted. Currently partitioned into 2 area but can be opened up if required.

    Rear Lobby
    Side door to parking area for deliveries etc, plus doors to ….

    Kitchen / Staff Room 2.59m x 2.48m (8’6” x 8’2”) max
    Range of base units under worktop with inset stainless steel sink unit and single drainer. Space for fridge and slim dishwasher.

    Toilet / Shower Room
    WC suite with wash basin and shower cubicle with glazed screens and Mira electric shower unit. Window to front.

    Mezzanine Workshop/ Store 17.2m x 4.96m (56’4” x 16’3”) max
    Located off the mezzanine balcony, and could be opened up to provide further retail space if required. Power and light as fitted.
    Externally

    To the front of the unit is a shared car parking area with the allocated car parking spaces to this unit.
    Price and tenure

    Offers are invited in excess of £495,000 for the remainder of a 999 year lease from the 24th June 1995 with a ground rent of £50 per annum for this substantial Retail premises with the 19 allocated car parking spaces to the front.
    Estate service charge

    A service charge is payable for the maintenance of the common areas and any shared services.
    VAT

    We understand that VAT is applicable on the sale price and rental charged, plus any service charge payable.
    Services

    Mains water, drainage and electricity (including 3 phase) are available to the premises. Prospective purchasers should make their own enquires of the relevant service providers to ensure the supplies are sufficient for their purposes.
    Business rates

    Rateable Value: - £36,500 (2023 valuation)

    For confirmation of the Rates payable please contact Teignbridge District Council Business Rates Department on legal costs
    Each party to be responsible for their own legal costs.
    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. Full details available on request.
    Energy performance certificate

    A commercial EPC has been requested, a full version will be available to download from the web site. The rating is:
    Viewing

    Strictly by prior appointment only with the sole agents, for the attention of Tony Noon Ref (0881)

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