LOCATION:
The premises is prominently located fronting the busy Billacombe Road (A379) commuter route into Plymouth from the west approximately 3 miles from the City Centre.

Adjacent and nearby occupiers include Fairway Furniture, GT Motorcycles and a pub/restaurant premises as well as residential.

DESCRIPTION:
182 Billacombe Road is arranged as a car showroom with plate glass frontage and steel profile sheet clad above. To the rear is an adjoining portal frame industrial/workshop unit clad in steel profile sheeting. There is also an open fronted clad unit.

There is a car parking and vehicle displaying along the entire road frontage and to the rear of the property.

Offices, storage and welfare facilities are located at first floor level.

ACCOMMODATION:
All dimensions and areas are approximate)
SQM SQFT
Ground Floor
Showroom 226.28 2,436
Workshops 116.23 1,251

First Floor
Offices and Staff 75.30 811

External
Storage 63.83 687
Open Front Unit 30.22 325

Total 511.86 5,510

Vehicle Display and Parking.

SERVICES:
Mains water, electricity and drainage are connected to the property.

BUSINESS RATES:
We understand the property is included in the Rating List as follows:

Rateable Value: £35,750

TERMS:
The property is currently held on a full repairing and insuring lease with schedule of condition and 3 yearly rent reviews for a term expiring 31st August 2031 at a current rental of £42,000 p.a.x.

PROPOSAL:
The property is available to Sub-Let or for Assignment with full terms available from the agents.

EPC:
The property has an Energy Performance Rating of D86.

VAT:
We understand that VAT is not currently chargeable on the rental.

LEGAL COSTS:
Each party will be responsible for their own legal costs incurred in the transaction.

OTHER:
Anti-money laundering (‘AML’) legislation requires property agents to verify the identities of parties involved in property transactions and to determine to legality of funds supporting a property transaction.

A party interested in this transaction must provide certain AML information and documents to the selling/letting agent. This also includes documents on those who may run and own the interested party, or the ultimate beneficiary of the transaction.

VIEWING AND FURTHER INFORMATION:
Strictly by prior appointment through sole agents:-

Monk & Partners
4 The Crescent
Plymouth
Devon
PL1 3AB

John H Slade, BSc MRICS
Tel: 01752 255222
Mobile: 07770 653516
E-mail: johns@monkandpartners.co.uk