Property for lease
Unit 57 Holly Court, Parkway Industrial Estate, St. Modwen Road, Plymouth, PL6 8LG
- Vibrant and established industrial estate
- Convenient access to the A38 dual carriageway
- Gross internal floor area, approximately 1,300 sq. ft. (120.77 sq. m.)
- Incorporating a workshop area with wc and wash-hand basin and mezzanine floor
- Available on a new 6 year lease with break option on year 3
- Initial rent of £12,350 per annum, exclusive
- No motor trade
Location
The property forms part of the Council’s Parkway Industrial Estate which is situated on St. Modwen Road, circa 4 miles to the northeast of the city centre. The Estate is located a short distance to the north of the A38 road (“Devon Expressway”), the main arterial route through the County of Devon and one of the principal routes into Cornwall. The A38 connects to the national motorway network at Exeter, approximately 40 miles to the northeast.
Parkway Industrial Estate lies within close proximity to nearby occupiers such as Ocean BMW, BSS, Plumbase and Space Maker and Marsh Mills Retail Park accommodating the likes of Next Home Stores, Homebase, PC World and Halfords.
Description
Holly Court comprises a total of 18 industrial units, which are arranged within two terraced blocks around a central courtyard providing communal parking facilities, loading and circulation space. Unit 57 is situated in a mid-terraced position on the northernmost block comprising 9 units.
The property comprises brick built elevations under a mono-pitched corrugated roof, with separate roller shutter and pedestrian door access to the front. The unit incorporates a workshop area with mezzanine and WC with hand wash basin.
Accommodation
The accommodation comprises an industrial unit measuring approximately 1300 sq. ft. (120.77 sq. m.), gross internal floor area with office, kitchen and mezzanine floor area.
Rent
The initial rent for the unit is £12,350 per annum, exclusive of VAT. VAT is payable.
Planning
The property is suitable for light industrial purposes only.
Prospective tenants are strongly advised to satisfy themselves that their proposed use for the premises is acceptable in planning terms. The prospective tenant is responsible for obtaining any necessary planning permissions, which may be required in connection with their proposed use of the premises.
For further information contact Plymouth City Council’s Planning Services, telephone 01752 304366.
Services
Mains water, drainage and electricity are available and connected to the property.
Business Rates
Rateable Value £10,250
You may be eligible for Small Business Rates Relief and should make your own enquiries on telephone number 01752 304966.
Terms of Lease
- A term of 6 years, excluded from sections 24 – 28 of the Landlord and Tenant Act 1954, with a rent review on the 3rd anniversary of the term.
- An initial rent of £12,350 per annum, payable monthly in advance, exclusive of rates and other occupational outgoings. Specifically, the buildings insurance premium will be re-charged to the occupational tenant.
- The tenant is to be responsible for all internal repairs, including doors, windows and the roller shutter door.
- Assignment is permitted, subject to landlord’s consent. Subletting is not permitted.
- No structural alterations to the building will be permitted without landlord’s consent.
- Service charge will be payable for the maintenance of external building and common parts.
- The tenant shall pay the landlord's professional expenses in preparing and executing the lease (estimated to be in the region of £900, plus VAT
Further Information and Viewings
For further information or to arrange a viewing of the property, contact Jonathan McKinnel of the Commercial Property Team via email : jonathanmckinnel@plymouth.gov.uk
Energy Performance Certificate
The unit has a rating of 121, which falls within Band E.
Site plan
Subject to contract
These particulars are set out as a general outline only for the guidance of intending lessees and do not constitute, nor constitute part of, an offer or contract.
All descriptions, dimensions, references to condition and necessary permission for use and occupation and other details are given without responsibility and any intending tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.