INDUSTRIAL UNIT/WORKSHOP, UNIT 5C4 AND 5C5 TRECERUS INDUSTRIAL ESTATE PADSTOW, CORNWALL, PL28 8RW - Padstow - Cornwall

LOCATION:
Padstow lies on the north coast of Cornwall on the western side of the Camel Estuary approximately 7 miles west of Wadebridge. The town is popular with day visitors during the holiday season due to its interesting range of shops, its reputation for restaurants, more particularly Rick Stein’s restaurant, together with features such as the harbour, ferry to Rock and the Camel Trail cycle path to Wadebridge and Bodmin. Whilst Padstow’s resident population is approaching 7,000 persons, its catchment during the holiday season is significantly more, benefiting from a large influx of tourists both from the immediate vicinity as well as Newquay.

SITUATION:
The unit is situated on the popular Trecerus Industrial Estate, located on the outskirts of the busy holiday resort of Padstow. The building is positioned on the northern boundary of the estate, offering a rear rural aspect, with a number of new units in close proximity. Given its proximity to Padstow, just 5 minutes away, we feel this is a key selling point for potential purchasers, as the location offers easy access to the town while benefiting from the tranquillity of the surrounding area.

DESCRIPTION:
The contemporary two-storey building offers spacious open-plan accommodation across both floors, featuring roller shutter doors and separate pedestrian access. There is an additional access point and stairwell leading to the first floor, along with a lift providing easy access to the upper-level accommodation. This feature enhances accessibility, potentially appealing to buyers who may not typically consider a two-storey property.

The ground floor benefits from a large loading access way leading to an open-plan industrial space. The first floor is thoughtfully designed, comprising an office, an open-plan workspace, a kitchen, and WC facilities. Large windows throughout the building allow for extra natural light, enhancing the workspace on the first floor. Although presently occupied as a single unit, the property can be divided into two self-contained units if so required.

ACCOMMODATION: (All dimensions and areas are approximate)
Unit 5C4

Ground Floor
Total area 35.04m² (377ft²)
Includes disabled toilet facility

First Floor
Store/Office 16.10m² (173ft²)
Kitchen 9.90m² (107ft²)
WC

Unit 5C5
Ground Floor
Total area 77.20m² (830ft²)

First Floor
Store 77.20m² (830ft²)

LEASE TERMS:
The freehold interest in the premises is available subject to an existing lease. The lease is for a three-year term commencing at a rent of £24,000 per annum. The lease is a full repairing and insuring lease, either party can terminate lease by giving nine months notice, consequently the property is suitable for owner occupation as well as an investment.

SALE PRICE:
Offers sought in the region of £350,000.

BUSINESS RATES:
Rateable value - £13,500 (1 April 2023 to present).

Occupiers can therefore potentially qualify for small business rate relief subject to eligibility. .
Cornwall Council are the charging authority and enquiries regarding the rates payable should be made with them - Tel: 0300 1234171

VAT:
VAT will be payable on the purchase price and any other associated costs where applicable.

LEGAL COSTS:
Each party to be responsible for their own legal fees in the transaction.

SERVICES:
We understand that the property is connected to mains electricity, including three phase, gas, water and drainage.

PLANNING:
Interested parties should satisfy themselves that their proposed use complies with the existing planning consent.

MONEY LAUNDERING REGULATIONS
In line with The Money Laundering Regulations 2017, Charterwood are obligated to verify ID for all clients that are conducting property transactions through the Company.

VIEWING:
By appointment with Charterwood on (01872) 261216. Contact Chris Waters or Rosie Brenton.

ENERGY EFFICIENCY RATING C:

THIS PROPERTY HAS A RATING OF C (72)

Certificate Reference Number: 0220-7223-0390-4012-8014
Property Reference Number: 2741-4012-0209-0802-0325

The Agents have not tested any apparatus, equipment, fixtures and fitting or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor and Surveyor. References to the tenure of the property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor.

CHARTERWOOD for themselves and for the Vendors or Lessors of this property, whose Agents they are, give notice that:
1. The particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute, nor constitute part of, an offer of contract;
2. All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and intending purchasers or tenants should not rely upon them as statement or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them;
3. We have not tested the services nor fixtures and fittings. It will be the responsibility of potential purchasers to satisfy themselves as to their condition.
4. No person in the employment of Charterwood has any authority to make or give any representation or warranty in relation to this property.