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For Sale

Unit B1 - B4 Pennygillam Way


2,482 - 9,981 Sq Ft (230.58 - 927.23 Sq M)
For Sale: £150,000 - £600,000 Freehold
Unit B1 - B4 Pennygillam Way, Pennygillam Industrial Estate, Launceston, Cornwall, PL15 7ED
Current Brochure


Freehold industrial units
Available individually or as one lot
Potential for redevelopment
Ideal for investors or owner occupiers
Close to A30
Popular location


Comprising a 4 terraced industrial units within a secure palisade fenced compound. Each unit has a pedestrian entrance that leads into an office area with toilet and kitchen facilities. This then leads into the open plan warehouse area. All of the units have a concertina loading door, except B2 which has a roller shutter door.

B4 has a hardstanding area to the side, which currently houses a container. At the front of the estate is a parking area, the spaces are demised to each unit. The units can be sold as one lot or as individual units.


The properties are located at the entrance of the Pennygillam Industrial Estate, and therefore access to the A30 is extremely close by.


All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition).

B1 - 233.4 sq m (2,512 sq ft)
B2 - 230.6 sq m (2,482 sq ft)
B3 - 230.9 sq m (2,486 sq ft)
B4 - 232.3 sq m (2,501 sq ft)

Total - 927.3 sq m (9,981 sq ft)

Shutter sizes -

B1 - 2.615m high by 3.62m wide
B2 - 3.073m high by 3.62m wide
B3 - 2.612m high by 3.62m wide
B4 - 2.612m high by 3.62m wide

Maximum eaves height - 3.032m
Minimum eaves height - 2.483m


A service charge is levied for the upkeep and maintenance of the communal areas. Please enquire for further information.

Business Rates

From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Values are:

B1 - £14,250
B2 - £13,500
B3 - £13,500
B4 - £13,500

Therefore making the approximate Rates Payable £7,111 per annum for B1 and £6,737 per annum for B2-B4 for 2023/24. Occupiers may be eligible for Small Business Rates Relief if this is the only property they occupy and/or any other properties they occupy have a rateable value of less than £2,900 each.

Qualifying ratepayers will pay no rates on properties with rateable values up to £12,000 with a tapered relief of between 100% and 0% for properties with rateable values between £12,001 and £15,000. Interested parties are advised to confirm the rating liability with Cornwall Council.


We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.



Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.


All figures quoted are exclusive of VAT if applicable.

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