Industrial for sale in Former Site Of Devonshire Desserts, North Road Industrial Estate, North Road, Okehampton, Devon EX20

The property comprises a substantial and fitted former dessert production facility. The site measures approx. 3.4 acres (1.38 ha) with multiple warehouses/production facilities as well as offices, walk-in fridge freezers, storage space and workshops onsite.

There is staff parking and yard space to the front of the property and easy access to the site off north road.

Location

The property is located just off the A30 in Okehampton approx. 21 miles west of Exeter, 26 miles north of Plymouth and 24 miles south of Barnstaple. The town has a population of approx. 5,922 and benefits from the new Okehampton Railway Station that connects Exeter St David's to Plymouth via Tavistock on the Dartmoor Line.

The town is also serviced by the Stagecoach Bus Service from Exeter, Bude, Newquay and Tavistock. Bus service 6 runs from the town to Exeter with the 6A service to Launceston.

The property is located to the north of the town with numerous well established industrial occupiers including Howdens, Travis Perkins and rgb Building Supplies in close proximity to the property.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition).

Ground Floor
Offices: 4,748 sq ft (441.07 sq m)
Production/warehouse: 54,013 sq ft (5,017.94 sq m)
Workshop/storage: 13,191 sq ft (1,225.52 sq m)

First Floor
Offices: 10,661 sq ft (990.42 sq m)
Production: 17,969 sq ft (1,669.33 sq m)

Outbuildings
Storage Unit: 4,794 sq ft (445.40 sq m)
Chill Unit: 1,214 sq ft (112.78 sq m)
Air Compressor Unit: 701 sq ft (65.19 sq m)
Store: 411 sq ft (38.18 sq m)

Total: 107,701 sq ft (10,005.83 sq m)

Planning

The property benefits from B1, B2 and B8 Use Classes.

Rent / Price

£2,500,000

Business Rates

From the Valuation Office Agency website () we understand that the current Rateable Value is £255,000 therefore making the approximate Rates Payable £130,560 per annum for 2024/25.

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

An EPC is being procured and will be shortly available from the marketing agents.

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.