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Xpress Way Business Park, Lower Heightley Farm, Station Hill, Chudleigh, Devon,<br />

LOCATION<br />

Adjacent to the main A38 trunk road at Chudleigh, the Xpressway<br />

business park has excellent prominence and offers a strategic location<br />

from which to serve the South Devon area. Approximate distances<br />

include: -<br />

Exeter<br />

Plymouth<br />

Torbay<br />

9 miles<br />

42 miles<br />

21 miles<br />

Xpressway business park provides a total of 11 brand new business<br />

units developed to the following specification: -<br />

• Steel portal frame with insulated, coated and profiled steel<br />

sheet elevations.<br />

• Insulated sectional vehicle loading doors<br />

• Separate pedestrian access doors to each unit<br />

• Over part of ground floor structural mezzanine level fitted as<br />

standard<br />

• WC<br />

• Kitchen units/sink<br />

• Allocated parking<br />

• Landscaped countryside setting<br />

PLANNING<br />

The units benefit from B1 business and light industrial planning<br />

consent. For further information we recommend contacting the<br />

Teignbridge council planning department on 01626 361101.<br />

SERVICES<br />

It is understood that mains electricity and water are connected to the<br />

property, drainage is provided via an on site sewerage plant; however,<br />

these services have not been tested by the agents & interested parties<br />

should make their own enquiries.<br />

SERVICE CHARGE<br />

A service charge is levied for the upkeep of grounds maintenance,<br />

administration, communal electricity, sewage plant, insurance and<br />

communal water. We are informed that the service charge budget<br />

figure for year end 2013 is £115.00 per quarter for each single unit,<br />

and £230 per quarter for a double unit (unit 11).<br />

ACCOMMODATION<br />

All areas are approximate and measured in accordance with the RICS<br />

Code of Measuring Practice on a GIA bases..<br />

Unit<br />

Floor<br />

TOTAL SQ<br />

SQ M SQ FT<br />

FT<br />

1 UNDER OFFER<br />

2 UNDER OFFER<br />

3 LET<br />

4 LET<br />

5 LET<br />

6 LET<br />

7<br />

Ground 52.82<br />

568<br />

Mezzanine 20.45<br />

220<br />

788<br />

8<br />

Ground 52.82<br />

568<br />

Mezzanine 20.45<br />

220<br />

788<br />

9 LET<br />

10 LET<br />

11<br />

Ground<br />

Mezzanine<br />

103.32<br />

50.03<br />

1,112<br />

538 1,650<br />

TERMS<br />

The units are available by way of new effectively full repairing and<br />

insuring Leases on flexible terms to be agreed. We understand units<br />

may be adjoined to increase space. Subject to terms agreed.<br />

RENT<br />

The quoting rent on a single unit is £5,900 per annum, and £11,500<br />

per annum for unit 11.<br />

LEGAL FEES<br />

Each party responsible for their own legal costs incurred in the<br />

transaction.<br />

VAT & BUSINESS RATES<br />

VAT will be applicable to all sums quoted at the prevailing rate.<br />

We understand from the Valuation Office that the Rateable Values are<br />

as below:<br />

Unit 7: £3,100 (Standard Rates Payable 2013/14 £1,460.10)<br />

Unit 8: £3,150 (Standard Rates Payable 2013/14 £1,483.65)<br />

Unit 11: £5,800 (Standard Rates Payable 2013/14 £2,731.80)<br />

www.vickeryholman.com<br />

Exeter Office<br />

Balliol House, Southernhay Gardens,<br />

Exeter, Devon, EX1 1NP<br />

Vickery Holman supports the aims and objectives of the Code for Leasing Business Premises in England and Wales 2007 which<br />

recommends that you seek professional advice before entering into a tenancy agreement. Please refer to<br />

www.leasingbusinesspremises.co.uk for further information.<br />

Vickery Holman for themselves and for the Vendors or Lessors of the property whose Agents they are, give notice that:<br />

1) The particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute<br />

part of, an offer of contract;<br />

2) All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details are<br />

given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of<br />

fact but must satisfy themselves by inspection or otherwise as to the of them;<br />

3) No person in the employment of Vickery Holman has any authority to make or give any representation of warranty in relation<br />

to this property. November 2012<br />

SUBJECT TO CONTRACT

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