Haarer Goss, Exeter based chartered surveyors

Property News

NEW - Drayford Lane, Witheridge, Tiverton
October 9, 2020, 2:40 pm

Drayford Lane occupy a broadly level site extending to approximately 0.6 acre (.24 hectare) which is bounded by a modern palisade security fence with wide access gates and a sweeping entrance into the tarmac surfaced yard and parking area.    This L-shaped commercial development provides attractive and flexible accommodation which would lend itself to being occupied as a single unit or alternatively sub-divided to provide a range of premises each with its own yard and parking allocation.

In summary, the premises comprise the original principally single storey commercial property (with the exception of a modest mezzanine floor) constructed with masonry elevations which have been externally rendered, with steel portal frames overlaid with a modern insulated profile steel roof.  The windows and doors to the front elevation are modern grey powder coated aluminium double-glazed units, which together with the grey profiled steel trimming and eaves detailing tie this property in well with the more modern warehouse extension.  This unit provides a good range of flexible individual office accommodation and welfare facilities leading to the main warehouse production space beyond.   There is a useful mezzanine floor over the ground floor offices providing open plan storage.

A modern terrace of potentially three industrial units has been constructed at right angles to the original building with a link building allowing the internal flow of goods from production through to distribution.  The terrace has been constructed with steel portal frames with part masonry and part insulated profiled steel elevations and roofs incorporating translucent roof lights.  Each unit benefits from an insulated sectional loading door with a separate double-glazed pedestrian door adjacent providing a good degree of accessibility and allowing potential internal sub-division of the accommodation.   The terrace is currently occupied by faux fur design company, Moore and Moore Design Ltd T/A Helen Moore and utilised for storage, packaging and dispatch purposes.

The steel portal frames have an internal eaves height of 4.5 metres which accommodates a good quality steel mezzanine floor throughout the terrace maximising the available space.  The mezzanine is set at a height of 2.6 metres providing a good working environment with fluorescent lighting, smoke detection and emergency lighting in place.  Two steel staircases provide access to the mezzanine storage areas which have excellent load bearing capacity and accessibility from the loading doors.  There is ample clearance height above the mezzanine for storage or potential conversion to office use if the premises were to be sub-divided.

The property benefits from a palisade fenced secure tarmac surfaced yard with parking for approximately 18 vehicles.  Double gates from Drayford Lane provide sufficient access for articulated lorry deliveries.

The property is owned and occupied by Moore and Moore Design Ltd T/A Helen Moore, a well-established business specialising in the manufacture of high quality and design led faux fur garments, accessories and soft furnishings.  Following changes to the business’ occupational requirements the vendors would be willing to take a new lease of the modernised Original Building measuring (465.03 sq.m / 5,005 sq.ft) and associated parking on a new Full Repairing & Insuring lease for a term to be agreed at a commencing rent of £18,750 per annum exclusive.  The vendors would vacate the Modern Terrace (556.51 sq.m / 5,990 sq.ft) which would be sold with vacant possession on completion.

The vendors would consider selling the entire site with vacant possession on completion and they have identified alternative premises which would suit their occupational requirements in this event.

Freehold Guide Price £475,000

Call 01392 251171 to view