£15,950 pa
(£12.09/sq. ft. pa)
Light industrial to letHorsemills Road, Chudleigh TQ13
1,319 sq. ft
About this property
Brand New Industrial / Warehouse / Storage Unit
New lease available
3 allocated car parking spaces
Occupation available from January 2027
Situation and description
An opportunity to enter into a new lease of one of the first units on this brand new Business Park conveniently located between Chudleigh and Kingsteignton. This site offers easy access to both the A380 to Torquay and Torbay, and the A38 linking Plymouth and Cornwall to Exeter and the M5 Motorway. The development will form in total 43 Business / Industrial / Office units on a landscaped site with a larger headquarters building at the far end of the site. The units will have 2 allocated parking spaces plus a loading bay.
The premises occupy a most prominent location fronting Clay Pitts Way, the main spine road linking the A38 at Chudleigh to the A380 at Sandygate Kingsteignton. Newton Abbot town centre is approximately 2 miles away, with Kingsteignton and its out of town retail units just 1 mile distant. Exeter and the M5 Motorway is approximately 15 miles distant, with Torquay and Torbay approximately 8 miles distant. This provides excellent access for a regional operator to connect with the national motorway network. This sought after area contains a wide mix of retail, office and industrial users. Newton Abbot is a busy market town being the commercial centre and heart of the Teignbridge area with a district population of approximately 121,000 extending to some 300,000 within 12.5 miles.
Accommodation
Brief details of the accommodation with approximate maximum internal dimensions are as follows:-
Workshop 14.41m x 8.36m (47’3” x 27’5”) max
Glazed pedestrian door with glazed panels over. Electric Roller shutter door adjoining. Power floated concrete floor. Block walls to lower elevations. Services for a toilet in the far corner.
Externally
Each unit has 3 allocated car parking spaces together with a loading bay in front of the roller shutter door. The site benefits from a shared bin store and bike storage.
Rent and service charge
A rent of £15,950 per annum plus VAT is sought for this brand new Industrial or Trade Counter unit on this sought-after estate. The rent will be payable quarterly in advance by standing order. VAT is chargeable on the rent and any service charge.
Lease
A new 6 or 10 year Fri lease is available with an upwards only rent review at the end of the 3rd or 5th year. The lease will be contracted outside of the Landlord and Tenant Act 1954. A 3 months’ rent deposit will be required, plus If the lease is to be taken by a Limited Company a directors guarantor may be required. Full details available on request.
Rates
Rateable Value: - To be assessed
The Unit will be assessed once occupied and a Rateable value applied. For further information please contact Teignbridge District Council service charge
A service charge of approximately £400 pa is payable for the shared landscaping and shared services. Full details on request.
Energy performance certificate
An EPC will be available on completion, a copy of which can be downloaded from the web site.
Services
Mains water and electricity (including 3 phase) are available to the premises. Drainage is via a private system. We understand that a Fibre connection has also been brought into the premises. Interested parties are encouraged to make their own enquires with the relevant service providers.
Legal costs
A contribution of £395 plus VAT is required towards the landlord’s legal and administration costs in setting up the new lease.
Viewing
Strictly by prior appointment only with the sole agent, for the attention of Tony Noon Ref (0951)
An opportunity to enter into a new lease of one of the first units on this brand new Business Park conveniently located between Chudleigh and Kingsteignton. This site offers easy access to both the A380 to Torquay and Torbay, and the A38 linking Plymouth and Cornwall to Exeter and the M5 Motorway. The development will form in total 43 Business / Industrial / Office units on a landscaped site with a larger headquarters building at the far end of the site. The units will have 2 allocated parking spaces plus a loading bay.
The premises occupy a most prominent location fronting Clay Pitts Way, the main spine road linking the A38 at Chudleigh to the A380 at Sandygate Kingsteignton. Newton Abbot town centre is approximately 2 miles away, with Kingsteignton and its out of town retail units just 1 mile distant. Exeter and the M5 Motorway is approximately 15 miles distant, with Torquay and Torbay approximately 8 miles distant. This provides excellent access for a regional operator to connect with the national motorway network. This sought after area contains a wide mix of retail, office and industrial users. Newton Abbot is a busy market town being the commercial centre and heart of the Teignbridge area with a district population of approximately 121,000 extending to some 300,000 within 12.5 miles.
Accommodation
Brief details of the accommodation with approximate maximum internal dimensions are as follows:-
Workshop 14.41m x 8.36m (47’3” x 27’5”) max
Glazed pedestrian door with glazed panels over. Electric Roller shutter door adjoining. Power floated concrete floor. Block walls to lower elevations. Services for a toilet in the far corner.
Externally
Each unit has 3 allocated car parking spaces together with a loading bay in front of the roller shutter door. The site benefits from a shared bin store and bike storage.
Rent and service charge
A rent of £15,950 per annum plus VAT is sought for this brand new Industrial or Trade Counter unit on this sought-after estate. The rent will be payable quarterly in advance by standing order. VAT is chargeable on the rent and any service charge.
Lease
A new 6 or 10 year Fri lease is available with an upwards only rent review at the end of the 3rd or 5th year. The lease will be contracted outside of the Landlord and Tenant Act 1954. A 3 months’ rent deposit will be required, plus If the lease is to be taken by a Limited Company a directors guarantor may be required. Full details available on request.
Rates
Rateable Value: - To be assessed
The Unit will be assessed once occupied and a Rateable value applied. For further information please contact Teignbridge District Council service charge
A service charge of approximately £400 pa is payable for the shared landscaping and shared services. Full details on request.
Energy performance certificate
An EPC will be available on completion, a copy of which can be downloaded from the web site.
Services
Mains water and electricity (including 3 phase) are available to the premises. Drainage is via a private system. We understand that a Fibre connection has also been brought into the premises. Interested parties are encouraged to make their own enquires with the relevant service providers.
Legal costs
A contribution of £395 plus VAT is required towards the landlord’s legal and administration costs in setting up the new lease.
Viewing
Strictly by prior appointment only with the sole agent, for the attention of Tony Noon Ref (0951)
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