Offers in region of
£425,000
(£84.86/sq. ft)
Property for sale2 Lime Court, Pathfields Business Park, South Molton, Devon EX36
5,008 sq. ft
About this property
Multi-let office investment
Approx 5,008 sq ft (465.26 sq m)
Passing rent at £48,870 per annum
Modern office premises
Established local & regional tenants
Located in a prominent position on Pathfields Business Park
27 parking spaces on site
Oiro £425,000 reflecting a niy of 11% (after an allowance for purchaser's costs of 4.33%)
Each floor has its own reception area leading off of the central staircase. There is also lift access via the central staircase and overall the accommodation provides one of the best office buildings in the town.
Location
Lime Court is located in a prominent position on Pathfields Business Park in South Molton circa 33 miles from Exeter and 14 miles from Barnstaple via excellent access to the North Devon Link Road. The Business Park is the main hub for business in the town with other occupiers such as accountants, solicitors, land agents and Mole Valley Farmers Store all in close proximity.
The town itself is a vital market town in North Devon with twice weekly markets, historic sites such as the Guildhall, excellent local shops and cafes and Exmoor National Park just a short drive away which offers a wide range of outdoor pursuits. The town is serviced by regular bus links to local towns such as Tiverton and Barnstaple which also provide train links across the region via Barnstaple Train Station and Tiverton Parkway.
Accommodation
All areas are approximate and provided by client from own management records.
Ground - 1,797sq ft (166.95 sqm)
First - 1,845 sq ft (171.41 sq m)
Second- 1,366 sq ft (126.90 sq m)
Total - 5,008 sq ft (465.26 sq m)
Rent / Price
Offers in the region of £425,000
Business Rates
Interested parties are advised to confirm the rating liability with North Devon 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
Please contact the agents for details.
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.
Mortgage calculator
£2,126 per month
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