Unit 6 Broadley Court, Broadley Park, Roborough, Plymouth, PL6 7SQ
Unit 6 Broadley Court, Broadley Park, Roborough, Plymouth, PL6 7SQ
Property Features
- Current income £18,000 p.a.x
- Long leasehold £235,000 plus VAT
- Modern end terrace unit with parking
Property Summary
There is a single roller shutter door to the frontage together with pedestrian access to office.
The unit also provides kitchen and WC facilities within.
There are four designated car parking spaces to the front of the unit and further spaces are available on a communal basis.
Full Details
SITUATION/LOCATION:
The building is located at Broadley Court, Parkwood Close on the Broadley Industrial Park, Roborough, Plymouth.
It is accessed directly from the Tavistock Road (A386) approximately 5 miles to the north of Plymouth City Centre.
ACCOMMODATION:
All dimensions and areas are approximate)
Ground Floor (inc. office): 191.67 sqm (2,063 sqft)
Mezzanine: 23 sqm (248 sqft)
Total: 214.67 sqm (2,311 sqft)
SERVICES:
We understand that all mains services are connected or available to the property.
RATES:
Rateable Value: £11,000
TENANCY:
The property is currently let to DAC SW Limited for a term of 8 years on a full repairing and insuring terms with 4 year rent review and break at the end of Year 5. The current rental is £18,000 p.a.x.
PROPOSITION:
Offers sought on £235,000 plus VAT for the Long Leasehold interest (999 years) reflecting a net initial yield of 7.47% (after purchase costs).
LEGAL COSTS:
Each party will be responsible for their own legal costs incurred in the transaction.
VAT:
We understand the property can be treated as a Transfer of a Going Concern for VAT purposes.
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