ADDRESS3 Halsgrove Units, Lower Moor Way, Tiverton Business Park, Tiverton, Devon, EX16 6FR
TYPEGeneral Industrial, Industrial
TENUREBusiness for sale, Development Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON10th April 2025
Description
Single let industrial investment
Single let industrial investment
Gross Internal Area (GIA): 2,103 sq.ft (195.34 sq.m)
Let until November 2028 at £15,000 pa.ex
Allocated parking for 3 cars
The unit is situated off Lowman Way offering convenient proximity to the A361 and approximately 7 miles away from M5 Junction 27. The nearby Tiverton Trade Centre hosts a number of businesses including Howdens, Jewsons, and Nuffield Healthcare. Nearby on the estate occupiers include Screwfix, Homebase, and B and M.
The property is an end of terrace industrial unit. Self contained and currently used for storage and office. It is of traditional construction block with steel frame with profile metal elevation and pitched roof. Roller shutter and pedestrian door to the front.
The property is currently occupied under lease until November 2028. The unit has the right to park three cars
VAT will be applied at the standard rate where applicable.
Both parties to bear their own legal costs in the transaction.
An EPC is available for this property. Please contact the agent for further details.
The property is let to BBSM Ltd for a term of 6 years from December 2022 at a rent of £15,000 pa.ex. Rent review at the 3rd anniversary
Key Features
- Single let industrial investment
- Gross Internal Area (GIA): 2,103 sq.ft (195.34 sq.m)
