£65,000 pa
(£3.83/sq. ft. pa)
Industrial to letFormer Pennymoor Timber, Pennymoor, Tiverton, Devon EX16
16,985 sq. ft
Just added
About this property
Rare freehold available with development potential subject to planning
Industrial accommodation Approx. 16,985 sq ft (1,578 sq m)
Site extends to approx. 2.84 acres (1.148 ha)
For sale (may let)
The site benefits from lapsed residential planning consent
Flexible accommodation on site
Large concrete yard located to the rear of the property
The property comprises a former timber yard premises arranged across a 2.8-acre site with a large concrete yard located to the rear of the warehouse accommodation.
The majority of the buildings provide industrial / warehouse style accommodation, along with an office block situated towards the front of the site. The buildings are a mix of construction, including steel portal framed structures with profiled sheet roof coverings, incorporating translucent panels, and elevation comprising a combination of blockwork and profiled cladding / timber boarding in parts. Access to the units is via a range of roller shutters and metal sliding doors.
Location
The site is located within the rural hamlet of Pennymoor, in Mid Devon, to the north-west of Tiverton. The surrounding area is predominantly countryside in character, comprising a mix of agricultural land, woodland and dispersed residential dwellings.
The property is situated approximately 5 miles west of Tiverton, with Tiverton being a principal market town within Mid Devon, providing the main concentration of services and amenities for the surrounding areas. The town supports a range of local retail, supermarkets, education provisions, leisure facilities, and employment areas.
Accommodation
All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a gross internal basis.
Total Accommodation Area: 16,985 sq ft (1,578 sq m)
Total Site Area: Approx. 2.84 acres (1.148 ha)
Planning
The site has several historic planning applications approved for residential development. The site previously benefitted from outline planning permission first granted in 2007 and renewed in 2010 but has since lapsed (10/00606/mout).
Rent / Price
The property is available at an Asking Price of £550,000. Alternatively the property could be available on a leasehold basis at an Asking Rent of £65,000 with market terms to be agreed.
Business Rates
From the Valuation Office Agency website () we understand that the current Rateable Value is £40,000 therefore making the approximate Rates Payable £17,280 per annum for 2026/27.
Interested parties are advised to confirm the rating liability with Mid Devon District Council.
Services
We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.
EPC
In the event of a letting the Landlord will undertake appropriate works to ensure the property complies with Minimum Energy Efficiency Standard (mees) Regulations prior to the lease completing.
Legal Fees
Each party to be responsible for their own legal fees in relation to this transaction.
VAT
All figures quoted are exclusive of VAT if applicable.
The majority of the buildings provide industrial / warehouse style accommodation, along with an office block situated towards the front of the site. The buildings are a mix of construction, including steel portal framed structures with profiled sheet roof coverings, incorporating translucent panels, and elevation comprising a combination of blockwork and profiled cladding / timber boarding in parts. Access to the units is via a range of roller shutters and metal sliding doors.
Location
The site is located within the rural hamlet of Pennymoor, in Mid Devon, to the north-west of Tiverton. The surrounding area is predominantly countryside in character, comprising a mix of agricultural land, woodland and dispersed residential dwellings.
The property is situated approximately 5 miles west of Tiverton, with Tiverton being a principal market town within Mid Devon, providing the main concentration of services and amenities for the surrounding areas. The town supports a range of local retail, supermarkets, education provisions, leisure facilities, and employment areas.
Accommodation
All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a gross internal basis.
Total Accommodation Area: 16,985 sq ft (1,578 sq m)
Total Site Area: Approx. 2.84 acres (1.148 ha)
Planning
The site has several historic planning applications approved for residential development. The site previously benefitted from outline planning permission first granted in 2007 and renewed in 2010 but has since lapsed (10/00606/mout).
Rent / Price
The property is available at an Asking Price of £550,000. Alternatively the property could be available on a leasehold basis at an Asking Rent of £65,000 with market terms to be agreed.
Business Rates
From the Valuation Office Agency website () we understand that the current Rateable Value is £40,000 therefore making the approximate Rates Payable £17,280 per annum for 2026/27.
Interested parties are advised to confirm the rating liability with Mid Devon District Council.
Services
We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.
EPC
In the event of a letting the Landlord will undertake appropriate works to ensure the property complies with Minimum Energy Efficiency Standard (mees) Regulations prior to the lease completing.
Legal Fees
Each party to be responsible for their own legal fees in relation to this transaction.
VAT
All figures quoted are exclusive of VAT if applicable.
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