Retail premises to let in Holborn Street, Plymouth, Devon PL4

Situation:
The property is located in a corner position fronting both Holborn Street and St. John’s Road in the Cattedown area of Plymouth just off Exeter Street the main eastern arterial route into the City.

Nearby occupiers include Totem Timber Builders Merchants, Brandon Hire Station, Rexel Electrical Supplies and Travis Perkins etc.

Description:
The accommodation is arranged over two floors and has brick lower elevations with profile steel sheet cladding upper elevations, aluminium framed double glazed windows all with security shutters. There is street parking immediately outside the property together with 2 allocated spaces to the rear. Internally the premises are arranged as trade counter/retail on the ground floor with kitchen and disabled spec WC. The first floor is accessed via 2 staircases to a largely open plan office area.

Accommodation:
All areas are approximate and measured in accordance with RICS Code of Measuring practice on a net internal basis as follows:-

Ground Floor
Showroom/office - 65.87 sq m (709 sq ft)
Kitchen - 5.26 sq m (57 sq ft)

First Floor
Offices - 71.34 sq m (768 sq ft)

Total - 142.47 sq m (1534 sq ft) approx.

Services:
We understand that mains electricity, water and drainage are connected to the property however these have not been tested by the agents.

Business rates:
We understand the property is included in the rating list as follows – Rateable Value - £15,750 and therefore is yet to be re-assessed.

Proposition:
The premises are available to let on a new lease for a flexible term of years and drawn on the equivalent of full repairing and insuring terms.

Quoting rental - £15,350 per annum exclusive.

Legal costs:
Each party will be responsible for their own legal costs incurred in the transaction.

VAT:
All figures within these terms are exclusive of VAT where chargeable.

EPC:
The Energy Performance Rating is currently E104.

Other:
Anti-money laundering (‘aml’) legislation requires property agents to verify the identities of parties involved in property transactions and to determine to legality of funds supporting a property transaction. A party interested in this transaction must provide certain aml information and documents to the selling/letting agent. This also includes documents on those who may run and own the interested party, or the ultimate beneficiary of the transaction.

Viewing & further information:
Strictly by prior appointment through sole agents:-

Monk & Partners
4 The Crescent
Plymouth
Devon
PL1 3AB

John H Slade, BSc mrics