Investment For Sale, Clyst Honiton, Devon

A Self Contained Purpose-built Business Unit, Currently Fitted Out As Office/light Industrial Space With Storage. It Has Brick Elevations, Profile Metal Clad Roof And Double Glazed Upvc Window And Door To The Front. The Net Internal Area Is 402 Sq Ft (37.37 Sq M).<br>
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The Unit Parking Rights Directly In Front Of The Building, Suitable For 2 Cars.<br>
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Freehold Single-let Small Business Unit<br>
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Self-contained Office/light Industrial Unit<br>
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Net Internal Area: 402 Sq Ft (37.37 Sq M)<br>
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Price: £75,000<br>
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Let On Fri Terms, Passing Rent: £5,000 Per Annum<br>
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The Newbery Commercial Centre Lies At The Eastern End Of Exeter Airport Business Park, Which Is Around 1.5 Miles East Of Exeter, Between The Airport And The A30 Dual Carriageway Linking Exeter With Honiton And Beyond. Junction 29 Of The M5 Is Around 1.5 Miles Away And Exeter City Centre Is Around 6 Miles Away.<br>
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Description<br>
A Self Contained Purpose-built Business Unit, Currently Fitted Out As Office/light Industrial Space With Storage. It Has Brick Elevations, Profile Metal Clad Roof And Double Glazed Upvc Window And Door To The Front. The Net Internal Area Is 402 Sq Ft (37.37 Sq M).<br>
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The Unit Parking Rights Directly In Front Of The Building, Suitable For 2 Cars.<br>
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Tenancy<br>
The Property Is Let By Way Of A Lease On A Full Repairing And Insuring Basis For A Term Expiring On 21st July 2029, Without Break Options. The Passing Rent Is Fixed At £5,000 Per Annum For The Term Of The Lease. The Tenancy Is Excluded From Security Of Tenure.<br>
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The Tenant, Greengenuk Limited (co Reg 07527261) Was Incorporated In 2011. The Company's Latest Published Accounts, For The Year To 31st March 2025, Show Net Assets Of £803,626 (up 4.9% From The Previous Year) And 45 Employees.<br>
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Terms Of Sale<br>
The Property Is Offered By Way Of A Sale Of The Freehold Title (subject To Occupational Lease) At A Price Of £75,000.<br>
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The Property Is Not Elected For Vat, And Vat Will Therefore Not Be Applicable To The Sale Price.<br>
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Both Parties To Bear Their Own Legal Costs In The Transaction.<br>
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Rated C (66).<br>
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The Property Is Let By Way Of A Lease On A Full Repairing And Insuring Basis For A Term Expiring On 21st July 2029, Without Break Options. The Passing Rent Is Fixed At £5,000 Per Annum For The Term Of The Lease. The Tenancy Is Excluded From Security Of Tenure.<br>
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The Tenant, Greengenuk Limited (co Reg 07527261) Was Incorporated In 2011. The Company's Latest Published Accounts, For The Year To 31st March 2025, Show Net Assets Of £803,626 (up 4.9% From The Previous Year) And 45 Employees.