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A0628 - Quality Office Investment

Unit 1, Buckland House, Plymouth International Business Park, Derriford, Plymouth, PL6 5WR, Devon

 Description

• Modern high spec end-terraced office unit • 9 car spaces • Suit owner occupier or investor •Currently let and producing £18,037 p.a.x. rising to £21,799 p.a.x. • Freehold

The property is located within the popular Plymouth International Business Park at Derriford, Plymouth, approximately 4 miles north of the City Centre and with easy access onto A38 Devon Expressway.

Adjacent and nearby occupiers include Land Registry, HSBC Bank, Hellermann Tyton, K2 Medical, Imass etc. Derriford Hospital and the Devonshire Health and Racquets Club are also located nearby. 

The property comprises an end-terrace building within a purpose built office block of four units arranged over two floors. The subject premises is divided into two separate suites each with their own kitchenette. The building provides the following specification:

  • High quality external design and finishes
  • Raised access floors
  • Category II type lighting
  • Comfort cooling
  • Double glazing
  • Carpets
  • WC’s including disabled
  • 9 on-site car spaces

Each of the floors are currently let as follows:

Ground Floor:      Securitas Security Services Ltd £7,000 pa.x.

Let on a 5 year lease ending 24th June 2019.

From 25th June 2019 the lease is to be renewed for a further 5 years at a rental of £10,762 p.a.x.

First Floor:            KH One Ltd           £11,037 p.a.x.

Let on a 2 year lease from January 2019.

Both leases are excluded from the Security of Tenure Provisions of the 1954 Landlord and Tenant Act.

 

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