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For Sale

Units 11 12 And 13

Specifications

58,280 Sq Ft (5,414.21 Sq M)
£
OIRO £5,600,000
Units 11 12 And 13, South View Estate, Willand, Cullompton, Devon, EX15 2QW
Current Brochure

Summary

High specification industrial investment
On completion of the sale Western Commodities will occupy under a commercial FRI tenancy
Established business with expansion plans
Agreed rental of £437,100 per annum (£7.50psf)
GIA - 58,280 sq ft (including new build 7,373 sq ft warehouse but excluding tenants mezzanines)
Well located logistics industrial estate with other occupiers including PenCarrie, Rayda Plastics, Pallex Southwest Ltd located on the estate

Description

The property consists of a modern industrial premises with warehouse accommodation, manufacturing facilities and offices over three interconnected units (Unit 11, 12 and 13 extended). The tenant is also in the process of building and occupying a new 7,373 sq ft warehouse located to the north of the existing premises. The tenant has fitted internal mezzanine floors that haven't been included in the overall size due to their bespoke nature to the occupier.

Each unit benefits from double loading bays, electric roller shutter doors, power brushed concrete floors and high eaves height. The units also provide a good turning circle for deliveries with concrete yard for loading and parking. There is also a dedicated area for staff parking which leads to the front reception on the ground floor and further offices on the first floor level.

The property as a whole is occupied by Western Commodities and is utilised as their main manufacturing and distribution hub nationally.

Location

Willand is a civil parish located in Mid Devon approx. 12 miles north of Exeter, 1.5 miles from Cullompton and approx. 64 miles South from Bristol. The location benefits from its close proximity to Tiverton Parkway train station which provide regular services to Bristol and London.

The property is located in South View Industrial Estate on the edge of Willand, 20 minutes drive northeast of Exeter and just off the M5 at junction 27. The location is renowned for commercial and logistics with the adjacent Mid Devon Business Park spanning 15 acres situated next to South View and Hitchcocks Business Park approximately 90 acres providing a hub of activity in the location

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) and provide the following approx. areas below on a GIA basis.

Unit 13:
Ground floor 1848.23 sq m (19,894 sq ft)
First floor 148.86 sq m (1,601 sq ft)
Mez 1 - -
Mez 2 - -
Lean-to-store 334.81 sq m (3,604 sq ft)

Unit 12:
Ground floor 981.97 sq m (10,570 sq ft)

Unit 11:
Ground floor 1259.47 sq m (13,557 sq ft)
First Floor 156.03 sq m (1,680 sq ft)

New unit to be built Completion due February 2025 684.97 sq m (7,373 sq ft)
Grand total 58,280 sq ft

Overall size: Site 2.66 acres (1.08 ha)
Site coverage 49%

Proposed Additions
A new warehouse unit measuring approx 7,373 sq ft (not yet built)

Planning application for the external unit: 21/01741/FULL

Services

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.

EPC / MEES

Unit13 - C (57)

Legal Fees

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

VAT

All figures quoted are exclusive of VAT if applicable.

Agent Contacts