Industrial for sale in Unit 10A New Mills Industrial Estate, Modbury, Ivybridge, Devon PL21

Unit 10a is located at the end of a terrace of three industrial units which form part of the wider New Mills Industrial Estate. The unit is arranged to provide an open plan L shaped area with roller shutter door along with an office area with WC. There are two allocated car parking spaces to the front of the unit. The property is currently occupied by a boat builder but would suit a number of uses and will be sold with vacant possession.

Location

New Mills Industrial Estate is located in the historic market town of Modbury some 8 miles from Kingsbridge and just over 10 miles from Plymouth. The estate is situated just off the A379 which is the main arterial route through the town. There is a diverse range of businesses on the estate including Solar Energy Contractors, Dry Cleaners, Picture Framers, Stainless Steel Fabrication, Architects and South Moor Vets to name but a few.

Accommodation

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

Total - 133.02 sq m (1,432 sq ft)

Rent / Price

£160,000 for the long leasehold of the property.

Service Charge

An estate charge is levied for upkeep of the estate. Further details are available upon request.

Business Rates

From the Valuation Office Agency website () we understand that the current Rateable Value is £11,750. Therefore making the approximate Rates Payable £5,863 per annum for 2023/24. Interested parties are advised to confirm the rating liability with South Hams 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

D (97).

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.