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Hambleton Avenue, Devizes

£21,200 | For Sale

Features

  • Two storey interconnecting office units
  • TO LET (MAY SELL)
  • Together or separately
  • Use Class B1a
  • Unit 9 approximately 1315 sq ft
  • Unit 10 approximately 1338 sq ft
  • Total Net Internal Area 2654 sq ft
  • New Lease (s) terms to be agreed
  • Rent at a rate of £8.00 per sq ft per annum
LOCATION The property is located on the North side of Devizes. Prince Maurice Court is accessed from Hambleton Avenue, opposite B&Q, just off the A361 road to Swindon and Marlborough. Devizes lies in the centre of Wiltshire, approximately 20 miles due South of Swindon and 24 miles due North of Salisbury. The nearest access to the M4 motorway is at Swindon (junctions 15 and 16) and Chippenham (junction 17). Nearby railway stations are at Chippenham, Melksham, Pewsey and Trowbridge. Devizes has an urban population of 11,715 people (2011 Census).


DESCRIPTION Units 9 & 10 are adjacent purpose built offices within a two-storey L-shaped building, forming part of the 1990s Prince Maurice Court office development. Each unit has its own entrance doors, hallways staircases, toilet facilities and heating facilities, but the dividing walls have been knocked through at both levels to create one office building of 2,654 sq ft (Net Internal Area). Heating is by means of perimeter thermostatic radiator systems, fed by wall mounted gas boilers and many rooms have air-conditioning. Both suites are fitted with electronic door entry systems, intruder and fire alarm systems and a CCTV system.


ACCOMMODATION All measurements are approximate and areas are given in accordance with the International Property Measuring Standards (IPMS3) effective from January 2016. Please note that IPMS3 is very similar to the old Net Internal Area as defined in the RICS Code of Measuring Practice, 6th Edition. More information is available from the agents.


ACCOMMODATION All measurements are approximate and areas are given in accordance with the International Property Measuring Standards (IPMS3) effective from January 2016. Please note that IPMS3 is very similar to the old Net Internal Area as defined in the RICS Code of Measuring Practice, 6th Edition. More information is available from the agents.

Unit 9
Ground floor 56.22 sq m (605 sq ft)
First floor 65.96 sq m (710 sq ft)
NIA 122.18 sq m (1,315 sq ft)

Unit 10
Ground floor 57.49 sq m (618 sq ft)
First floor 66.86 sq m (720 sq ft)
NIA 124.35 sq m (1,338 sq ft)

Total of both units 246.53 sq m (2,654 sq ft)

There is parking provision on site: Unit 10 has 6 allocated spaces, Unit 9 has 5 allocated spaces. Units 9 & 10 have exclusive use of the small adjacent car park.




BUSINESS RATES According to the Valuation Office Agency website, the Rateable Values for the two offices as given in the 2017 list at the time of writing was as follows:

Description: Offices and premises
LA reference: N02053890010100
NIA: 243.5 sq m
RV: £26,750

Please note that the Rateable Value is not the same as the Business Rates Payable. Small business relief may be available. Further information may be obtained from www.voa.gov.uk/business_rates/




PERMITTED USE We understand that the current permitted legal use falls into Use Class B1a (offices) as defined in the Town and Country Planning (Use Classes) Order 1987.


LEASE

LEASE The premises are available for occupation either together, under one lease, or separately, by way of new, effectively full repairing and insuring leases, the terms of which are to be agreed. The tenant will be responsible for paying the service charge relating to the landlord's costs of maintaining the external areas and landscaping. References, a rental deposit and a guarantor may be required by the landlord.


RENT The quoting rent is at the rate of £8.00 per sq ft per annum exclusive of VAT, business rates and services, payable quarterly in advance. The quoting rents are therefore as follows:

Unit 9: £10,500 per annum (no VAT)
Unit 10: £10,700 per annum plus VAT


LONG LEASEHOLD SALE Our client may also consider offers for the long leasehold interest (original term 999 years). Any sale would be subject to the terms of the head lease (details on request).


VAT We understand that VAT is currently applicable Unit 10 but not to Unit 9. We recommend that the prospective tenants establish all VAT implications prior to entering into any agreement.


LEASE CODE Applicants are recommended to refer to the RICS Code of Practice for Commercial Leases: www.leasingbusinesspremises.co.uk


COSTS Each party is to bear its own legal costs in the transaction.


SERVICES Mains water, drainage and electricity are connected. None of the services or fittings within the building has been tested by the agent. We understand high speed fibre-optic broadband is available and connected to the premises.


EPC We note from the non-domestic EPC Register, the EPC rating for Unit 9 was recorded in 2013 as a "C" rating. Our clients inform us that an Energy Performance Certificate for Unit 10 is in the course of preparation.


ASBESTOS SURVEY A copy of the asbestos survey will be available from the agent.


VIEWING Available strictly through the sole agents, Martin Walker Estate Agents and Chartered Surveyors by contacting Jonathan Shortt on 01380 721101 (DD) or 07878 397301 (Mobile) or email: enquiries@mwwilts.co.uk


Martin Walker Estate Agents Ltd, on behalf of and for the Vendors or Lessors of this property whose agents they are, gives notice that:
(1) these particulars are set out as a general outline only for the guidance of intending purchasers and lessors and do not constitute, nor constitute part of, an offer or contract.
(2) all descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details, are given in good faith and are believed to be correct, but intending purchasers or lessors should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them
(3) no person in the employment of Martin Walker Estate Agents Ltd has any authority to make any representation or warranty whatsoever in relation to this property.
(4) unless otherwise stated, all prices and rents are quoted exclusive of VAT.

Details prepared June 2018
Book valuation