Industrial to let in Industrial Units, Sector 2, Aerohub Business Park, St Mawgan, Newquay, Cornwall TR8
£20,000 pa (£7.86/sq. ft. pa)
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- Last unit remaining
- Brand new development of office and industrial accommodation
- High quality modern industrial units from 2,509 sq ft
- Available from Summer 2019
- Ideal location close to Cornwall Airport Newquay and A30 / A38
- Major growth area and location of Spaceport Cornwall and Virgin Orbit
- Business rates relief for qualifying companies
- Other incentives available
Sector Two will provide office and industrial accommodation within three separate blocks due for completion in Summer 2019. The industrial accommodation will comprise two semi-detached units along with a terrace of six units.
The units will be developed to a modern standard to provide full height roller shutter doors, separate pedestrian access, three phase power, w/c facilities, yard space and parking. The units can be leased individually or can be combined to create larger accommodation.
Newquay is one of the fastest growing towns in the South West with an increasing population, large amounts of investment; both residential and commercial, and Cornwall Airport Newquay. The Cornish town is fast becoming a hub for business growth. This factors along with a thriving tourism industry, beautiful beaches and landscapes makes Newquay an ideal and productive place to live and work.
The Aerohub Business Park is located just 4 miles from Newquay town centre and adjacent to Cornwall Airport Newquay alongside the A3059. The A30 dual carriageway is 5 miles to the east and provides excellent access other towns in Cornwall, Exeter, the M5 Motorway and the rest of the UK. Cornwall Airport Newquay provides 4 flights per day to London Heathrow (45 min journey time) as well as regular services to other major UK and European cities. Bodmin Parkway Station is a 20 min drive away and provides mainline services to London Paddington (4 hour journey time) and other UK cities.
Spaceport Cornwall who have partnered with Virgin Orbit will be based on the Airport site providing space launch facilities by 2021 eventually creating 480 jobs and contributing £25 million a year to the local economy.
All areas are approximate and measured in accordance with the RICS Property Measurement (1st Edition).
Unit 1 let
Unit 2 236.6 sq m 2,546 sq ft
Unit 3 under offer
Unit 4 under offer
Unit 5 under offer
Unit 6 under offer
Unit 7 under offer
Unit 8 under offer
Rent / Price
Units from £20,000 per annum.
The tenant will pay a maintenance rent equivalent to £1.50 per sq ft which will facilitate the running and upkeep of the building and estate.
A new lease is available direct from the landlord with terms to be agreed at a rent of £20,000 per annum per unit. The building will be available for occupation from Summer 2019.
The property has not been assessed for business rates as it is under construction. The Business Park is part of an Enterprise Zone meaning qualifying business may be eligible for business rate relief of 100% in year 1&2,75% in year 3 and 50% in year 4. This could be a saving of up to £32,000 over the 4-year period. (*based on estimated Rateable Value*).
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.
An EPC will be carried out on completion of the building.
All figures quoted are exclusive of VAT.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Vickery Holman Property Consultants, and do not constitute property particulars. Please contact Vickery Holman Property Consultants for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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