Clawton, Holsworthy, EX22

An opportunity to lease office accommodation, a commercial unit and associated yard space situated just outside the market town of Holsworthy. The property comprises approximately 1,555 sq ft of office accommodation, 2,000 sq ft commercial unit together with around 4,000 sq ft of yard space. The premises can be let as a whole or configured to suit a prospective tenant’s requirements.

The office accommodation is arranged over two floors, with the ground floor providing a reception area and office space, together with a WC and kitchen facilities. The first floor offers additional offices, storerooms and meeting space.

The unit benefits from a large access door together with a separate pedestrian access door. Lighting and an electricity supply are connected.

Externally, the property benefits from a yard area suitable for a variety of business uses. The office accommodation is fitted with central heating and air conditioning and is available for immediate occupation.

LEASE TERMS

It is envisaged that the successful tenant will take a three to six year lease subject to negotiation, with rent payable monthly in advance. The lease will be contracted outside the security of tenure provisions of the Landlord and Tenant Act 1954.

The lease will be on a full repairing and insuring basis, with the tenant responsible for the repair and maintenance of the premises together with reimbursement of the landlord’s building insurance premium.

The tenant will also be responsible for compliance with all Local Authority regulations relating to the occupation of the premises and for all outgoings including business rates.

GUARANTEES

Where the tenant is a limited company, directors’ guarantees may be required, subject to referencing. A rent deposit may also be requested.

Provision maybe made for a tenant and/or landlord break option, subject to agreed terms. The rent will be reviewed at the third year on an upward only open market basis.

LEGAL FEES

The lessee will be required to provide a solicitor’s undertaking to meet the lessor’s legal fees for the preparation of the lease.

BUSINESS RATES

Interested parties are advised to make their own enquiries with Torridge District Council regarding the rateable value and the rates payable. Small Business Rate Relief may be available to qualifying occupiers.

LAND PLAN

For identification purposes only.

VAT

If applicable, at the prevailing rate.

SERVICES

Mains | Water | Electric | Oil fired central heating

VIEWINGS

Strictly by appointment only. Please call 01288 359 999 or email commercial@kivells.com to book your viewing.

DIRECTIONS

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Disclaimer

Kivells, their clients and any joint agents give notice that they are not authorised to make or give representations or warranties in relation to the property. No responsibility is accepted for any statement within these particulars, which do not form part of any offer or contract. Areas, measurements and boundaries are approximate. Text, photographs, CGI’s and plans are for guidance only. It should not be assumed the property has all necessary planning or building consents, and Kivells have not tested any services or equipment. The property is sold subject to all matters in the Property and Charges Register, including rights of way and easements. Tenants are deemed to know all boundaries. Nothing herein constitutes financial advice; seek your own. Use of Mortgage Genies SW Ltd. will result in a £250 + VAT referral fee to Kivells. Kivells retains copyright to all particulars and media.