Industrial for sale in Travis Perkins, Stibb Cross, Langtree, Torrington, Devon EX38

This L shaped site provides two buildings. The building to the front provides a retail area with a warehouse at the rear. The warehouse also benefits from a mezzanine covering part of the unit and a sliding door which exits on to the yard. Above the retail area is a showroom and offices, this is connected to the mezzanine in the warehouse.

The rear unit is an open frontage storage unit. Internally there are two smaller sub-divided spaces but the majority is open. Between the two units is a secure yard.

The site cannot be used for a builders merchant for a period of 3 years.

Location

The property is situated on the edge of Stibb Cross, a small village approximately 5 miles from the towns of Torrington and Holsworthy. The property fronts the B227.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a gross internal basis.

Front Unit
Retail area - 611.3 sq m (6,580 sq ft)
Warehouse - 493.8 sq m (5,316 sq ft)
Mezzanine - 184 sq m (1,980 sq ft)
First floor showroom/offices - 525.1 sq m (5,652 sq ft)

Maximum eaves height - 8.46m
Minimum eaves height - 7.35m

Total - 1,814 sq m (19,528 sq ft)

Rear Unit
3,196.7 sq m (34,409.67 sq ft)

Maximum eaves height - 6.54m
Minimum eaves height - 4.79m

Grand Total - 5,010.9 sq m (53,937.5 sq ft)

Site area - 2.685 acres

Rent / Price

£700,000

Business Rates

From the Valuation Office Agency website () we understand that the current Rateable Value is £117,000, making the Rates Payable £59,904 per annum for 2023/24.

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

D (76)

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

The property has been elected for VAT and therefore VAT will be charged on the price.