Chartered Surveyors and Business Property Specialists
Jeremy Johnson Commercial Agent View Profile

Contact us about this property

Call: 01872 247032
Email: jj@miller-commercial.co.uk

To Let
1 of 10

2, Pennygillam Way, Launceston, Cornwall

Retail to let

£800,000 Offers over

Leasehold

A retail warehouse with ancillary storage/workshop totalling just under 20,000 sq ft on a spacious site of 1.3 acres. The premises are located in a prominent position within Pennygillam Industrial Estate close to the entrance and the A30 trunk road.
An excellent opportunity to lease or purchase a prominent site with significant frontage.

  • VERSATILE RETAIL SHOWROOM WITH STORAGE AND WORKSHOP
  • AVAILABLE FREEHOLD OR LEASEHOLD
  • PROMINENT POSITION CLOSE TO ESTATE ENTRANCE WITH GOOD ROAD FRONTAGE
  • EPC RATING C (67)

Property Brochure PDF Location Map

Location

The premises are located on the established Pennygillam Industrial Estate in a prominent position fronting the main estate road.
The property has great access straight onto the A30. Along with the many occupiers on the estate from Philip Warren opposite to ATS and Sprys car dealership adjacent the Estate is a popular destination for trade and retail users alike. Within close proximity there is an established retail park and Tesco Superstore.

Description

The premises, now vacant traded as a country store for a number of years. Comprising a main “retail” warehouse area with warehouse immediately to the rear and further warehouse to the rear side elevation. The Property has extensive yardage
/ external sales area to the side and parking /display to the long frontage.
The total site area extends close to an acre.

Accommodation

All areas and dimensions are approximate and based on Gross Internal Area.
MAIN BUILDING
“Retail “Area (Inc offices, WCs) – 1149.6 sq m (12,375 sq ft)
Rear Warehouse 259 sq m (2786 sq ft)
Side Rear Warehouse 381 sq m (4105 sq ft)
Total Area 1851.4 sq m (19,929 sq ft)
Site Area – 0.54 Ha (1.3 acres) – mostly tarmacadam surfaced.

Tenure

Leasehold – The premises are offered by way of a new lease on terns to be agreed at a commencing rental of £92,500 pa.
Subdivision may be considered.

Consideration will be given to Sale of the Freehold Interest at offers in excess of £800,000.

Legal Costs

Each party to bear their own legal costs in respect of the agreed transaction.

Value Added Tax

All the above prices/rentals are quoted exclusive of VAT, where applicable.

Business Rates

We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search which shows that the current rateable value is £75,500 described as Warehouse and Premises.

Energy Performance Certificate

The Energy Performance Rating is contained with Band C (67).

Contact Information

For further information or an appointment to view please contact either:-
Jeremy Johnson on 01872 247032 or via email jj@miller-commercial.co.uk or
Mike Nightingale on 01872 247008 or via email msn@miller-commercial.co.uk or

PLANS: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

VIEWING: Strictly by prior appointment through Miller Commercial.

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Jeremy Johnson Commercial Agent View Profile

Contact us about this property

Call: 01872 247032
Email: jj@miller-commercial.co.uk

Property Brochure PDF