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FREEHOLD OFFICE BUILDING FOR SALE - GLENTHORNE HOUSE, TRURO BUISNESS PARK, THREEMILESTONE, TRURO
£450,000 plus VAT sought for the freehold. |
Freehold office building with additional development land - partly let. Would suit owner occupier or investor purchaser.
LOCATION:
Truro Business Park lies just under 3 miles west of Truro city centre, south of the A390, which links Truro with the A30 junction at Chiverton Cross. The A30 junction lies approximately 2 miles to the north west of the estate.
SITUATION:
Glenthorne House lies adjacent to a new development of office buildings known as Green Court, situated opposite the BT Headquarters.
DESCRIPTION:
The property comprises a former private dwelling which has been fully refurbished to provide four individual offices on ground floor and the same at first floor. Toilets exist at ground and first floor levels and a small kitchenette lies off the first floor landing. Parking is included with each office. Each office has trunking at floor level for electrics, telephone and computer networking, including an independent technology rack encompassing CAT 5 distributed network ready for all telecommunications and computer network rollout.
The property includes a double garage which has extra letting potential. The large garden also provides potential for additional parking or further development and consent has previously been granted for an office extension within this area.
ACCOMMODATION: (All net areas are approximate)
Ground floor
Office 1 40.52 m² ( 436 ft²)
Office 2 24.02 m² ( 258 ft²)
Office 3 13.44 m² ( 145 ft²)
Office 4 15.37 m² ( 165 ft²)
First floor
Office 5 30.26 m² ( 325 ft²)
Office 6 29.37 m² ( 316 ft²)
Office 7 19.66 m² ( 211 ft²)
Office 8 14.76 m² ( 159 ft²)
Total 187.40 m² (2,015 ft²)
PLANNING:
Application Number PA17/01653
Offices 1 and 3 were granted consent for change of use from B1 Offices to a beauty clinic.
Consent granted: 18th April 2017.
Application Number PA15/10727
Office 4 was granted consent for change of use from B1 Offices to D1 health care complementary therapy clinic.
Consent granted: 23rd December 2015.
Application Number C1/PA14/0782/10/B
Consent was granted for a 207 m² two storey extension to the existing building on 15th November 2010.
TENANCY SCHEDULE:
Offices 1 and 3
Lease dated 21st April 2017 for a term of six years from 21st April 2017 at £5,000 per annum plus VAT plus service charge of £2,905 per annum plus VAT. Tenant break clause on 2nd, 3rd and 5th anniversaries on providing not less than three months’ notice. Lease excluded from the 1954 Landlord and Tenant Act.
Office 2
Vacant – available at a rent of £2,700 per annum plus VAT plus service charge of £1,290 per annum plus VAT.
Office 4
Lease dated 15th December 2015 for a term of three years from 15th December 2015 at £1,750 per annum plus VAT plus service charge of £825 per annum plus VAT. The tenant has served notice to vacate on 14th December 2018.
Offices 5 & 8
Lease dated 20th December 2017 for a term of two years from 14th December 2017 at £5,000 per annum plus VAT plus service charge of £2,420 per annum plus VAT. The tenant has served notice to vacate on 13th December 2018.
Office 6
Vacant – available at a rent of £3,250 per annum plus VAT plus service charge of £1,580 per annum plus VAT.
Office 7
Vacant – available at a rent of £2,600 per annum plus VAT plus service charge of £800 per annum plus VAT.
RATES:
Offices 1 & 3 Rateable Value: £7,400
Office 2 Rateable Value: £4,150
Office 4 Rateable Value: £2,900
Offices 5 & 8 Rateable Value: £6,400
Office 6 Rateable Value: £4,150
Office 7 Rateable Value: £2,600
For further details regarding rates payable and eligibility for small business relief contact Cornwall Council: 0300 1234171.
PRICE:
£450,000 plus VAT is sought for the freehold interest.
VAT:
All figures quoted are exclusive of VAT.
SERVICES:
We have not tested the services connected to the premises and the ingoing tenant/purchaser should carry out their own inspections.
ENERGY EFFICIENCY RATING:
THIS PROPERTY HAS A RATING OF 67 LYING WITHIN BAND C
Certificate Reference Number: 0970-7986-0317-6640-8030
Report Reference Number: 9763-4047-0871-0800-6691
VIEWING:
Viewing arrangements may be made through the joint agent: Charterwood on (01872) 261216. Contact Stuart Sly or Jo Counter.
Alternatively arrangements may be made through the joint agent Miller Commercial on 01872 247000.
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