Commercial Property in Poundbury, Dorset

Unit 9, Parkway Farm Business Park

9-parkway-farm

Location

Poundbury forms part of the Duchy of Cornwall’s estate on the western fringe of the county town of Dorchester. Poundbury is growing rapidly in response to market demand and will eventually add some 5,000 people to the existing town of Dorchester. There are already a number of major employers on the development with further phases under discussion. The town centre is within 2 miles to the east and access to the A35 bypass is excellent. Retail and eating facilities are available on the development.

The site is located on Parkway (B3150) which is accessed from the A35 Bridport Road.

Description

These detached premises will be built in accordance with the following brief specification:-

Summary of Accommodation

Ground floor factory 1,672 sq m 18,000 sq ft
First floor open plan offices 186 sq m 2,000 sq ft
Total gross internal area approx 1,858 sq m 20,000 sq ft

Virtual Freehold

The premises are for sale virtual freehold; 125 year leases subject to a peppercorn rental.

Price

£1.8M plus VAT

Rental

The premises are available to let by way of new full repairing and insuring leases subject to upward only, open market rent reviews every 5 years at a commencing rental of £130,000 per annum exclusive of rates, VAT, service charge and insurance premium payable quarterly in advance by standing order.

Planning

Planning consent has been granted for B2 general industrial use and B1 office use. B1 light industrial and B8 storage and distribution uses will be considered subject to details being provided by the purchaser/tenant on employment generation. Interested parties can contact the Local Planning Authority at West Dorset District Council 01305 251010 with regard to their own proposed use.

Rateable Value

To be assessed once constructed.

Service Charge

Estate premises are often subject to a service charge in respect of the upkeep, management and maintenance of common parts within the estate. We would therefore urge all applicants to make further enquiries as to the existence or otherwise of service charge outgoings.

Legal Costs

Each party to be responsible for their own legal costs incurred in the transaction.

VAT

Unless otherwise stated terms are strictly exclusive of Value Added Tax and interested parties must satisfy themselves as to the incidence of this tax in the subject case.

Viewing

Strictly by prior appointment through agents Goadsby, through whom all negotiations must be conducted.


Map

Unit 9, Parkway Farm Business Park
* placemarker is approximate
Woodpecker Properties
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