The site operated as a successful automotive dealership for over 40 years, until closing in August 2023. It is split in to two detached buildings with a large surrounding, secure yard with palisade fencing. The showroom building is equipped with heating and air-conditioning throughout and offers a double-glazed frontage providing airy sales accommodation on the ground floor with staff amenity space and a kitchen. Modern offices are situated on both floors, finished to an excellent specification with carpeted floors, suspended ceiling and recessed LED panel lighting.
Location
The site occupies a prominent position on Tedburn Road which runs beside the A30, just outside Exeter. The site sits in front of a self storage business which is being retained by the vendors. The proximity to Exeter has attracted other businesses including Husseys Auction Centre, HEL Performance Products, RSK Hi-Line, Orchard Nurseries, Renishaw and Stage Engage.
Accommodation
The total area of the property is 1.113 acres (0.45 ha) and has been used for vehicle display. It offers a large amount of parking visible from the road.
Terms
Services We are advised that all main services are connected to the premises. We confirm that we have not tested any of the service installations and any occupier must satisfy themselves independently as to the state and condition of such items.
Planning We are advised the site has been used for the display, repair and sale of motor vehicles for a number of years, however any occupier should make their own enquiries to the Planning Department of Teignbridge District Council. Tel: 01626 361 101 or www.teignbridge.gov.uk
Business Rates Interested parties should make their own enquiries to Teignbridge District Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment.. www.voa.gov.uk. The current Rateable Value is £42,250
Energy Performance Certificate The showroom has an EPC rating of B31. The workshop and warehouses have an EPC rating of E123. Full details are available on request. Code for Leasing For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate Code for Leasing 2020 Planning | Rates | EPC | Terms Lease Terms The property is available as a whole on new full repairing lease for a term to be agreed. Rent Exclusive of £95,000 + VAT.
VAT is chargeable on the rent and other costs. Please send all enquires to the marketing agent.
Legal Costs Each party is to be responsible for their own legal costs.
References/Rental Deposits Financial and accountancy references may be sought from any prospective tenant prior to agreement.
Prospective tenants may be required to provide a rental deposit subject to the landlord’s discretion.
VAT Under the Finance Acts 1989 and 1997, VAT will be levied on the rent. We recommend that the prospective tenants establish the VAT implications before entering into any agreement.
AML The successful tenant may be required to provide relevant information to satisfy the AML requirements when Heads of Terms are agreed