* Unfurnished
**Situation and description**
The Oak Tree Business Park is conveniently located just off of the main A380
between Newton Abbot and Torquay at the entrance to Kingskerswell, just 2. 5
miles from the Penn Inn roundabout. This provides excellent access to all the
main trunk routes such as the A380 dual carriageway to Exeter and the M5
motorway network plus the A38 from Exeter to Plymouth and the A30 to Cornwall.
Torquay is approximately 7 miles distant with Newton Abbot town centre about 3
miles away.
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 of the centre. Newton Abbot
benefits from a wide catchment area drawing from a large number of small towns
and villages in the surrounding area. The Oak Tree Business Park will have a
wide mix of users including wholesale / Trade Counter, Light manufacturing,
Offices, Showroom and storage making these unit suitable for a variety of
uses, subject to any necessary consents.
**Accommodation**
Brief details of the accommodation with approximate maximum internal
dimensions are as follows: -
Workshop 13. 30m x 7. 0m (43’7” x 23’0”) max
Pair of glazed pedestrian doors with glazed panels over. Electric Roller
shutter door adjoining. High level windows providing excellent natural light
for a mezzanine floor etc. Power floated concrete floor. Block walls to lower
elevations. Maximum eaves height of 6. 81m (22’4”) reducing to 5. 47m (17’11”)
at the front.
To the rear of the units is a Toilet with low level WC suite and wash hand
basin. This is also the favoured location should a tenant want to install a
kitchen or tea point.
Half Mezzanine Floor 7. 1m x 6. 5m (23’3” x 21’3”) max
Located at the rear of the unit with a steel staircase leading up. This area
is ideal for storage or the construction of an Office / Showroom, subject to
the usual consents.
**Externally**
To the front of the premises is a wide concrete loading and unloading area
with parking for up to 2 cars. At the far end of each block is a shared bin
storage area.
**Rent and service charge**
A rent of £14, 000 per annum 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. A service charge is payable to cover the costs
of the shared landscaping and shared services. VAT is chargeable on the rent
and 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.
If the lease is to be taken by a Limited Company, at least one director will
be required to act as a guarantor to the lease for the duration of the term. A
3 months’ rent deposit may also be required, full details on request.
**Rates**
Rateable Value: - To be assessed
The Unit will be assessed once occupied and a Rateable value applied. However,
we understand that qualifying businesses may benefit from a rate reduction of
up to 100% under the Small Business Rate Relief scheme. For further
information please contact Teignbridge District Council energy performance
certificate
An EPC will be available on completion, a copy of which can be downloaded from
the web site. The rating is:
**Services**
Mains water, drainage and electricity (including 3 phase) are available to the
premises. We understand that Fibre has also been brought into the premises
offering high speed broadband. Interested parties are encouraged to make their
own enquires with the relevant service providers.
**VAT**
VAT is payable on the rent and any service charge.
**Legal costs**
A contribution of £395 plus VAT is required towards the landlord’s legal and
administration costs in setting up the new lease.
**Agents note**
The site is still a building site and therefore all viewings must be
accompanied and booked in advance. Safety clothing and boots can be provided
on site if interested parties do not have their own.
**Viewing**
Strictly by prior appointment only with the sole agent, for the attention of
Tony Noon Ref (0728)

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