To let

Viewing by prior appointment with Jonathan Ling

(01392) 202203

jonathan@sccexeter.co.uk Or joint agents: Savills

The Old Engine House, Flete Estate, Modbury, Ivybridge, Devon, PL21 9NX

Victorian Engine House converted to modern offices, set

in secluded rural location on the Flete Estate

Offered as a whole: 2,578 sq ft (239 sq m) or by way of a

split into units from 428 sq ft (40 sq m)

25 parking spaces

Up to 50Mb broadband capability

To let: £18,000 p.a. for the whole (rents for smaller units

on application) with up to 50% reduction in first year*

strattoncrebercommercial.co.uk

Old Engine House, Flete Estate, Modbury, Ivybridge, Devon, PL21 9NX strattoncrebercommercial.co.uk

Location The Old Engine House is situated in the grounds of the Flete Estate, ¾ of a mile south of the A379, Plymouth to Kingsbridge Road. Plymouth is approximately 9 miles to the east and Ivybridge along with access to the A38 is approximately 5 miles to the north via the A3121. The property is accessed along a private road.

Description The property is a substantial stone built, slate roof structure which was been converted to provide modern office accommodation. The offices are on ground floor level, along with kitchen facilities, while the lower ground floor area provides toilet and shower facilities.

The property’s internal layout is versatile and can be subdivided into smaller office accommodation or utilised for manufacture or studio space with internal areas suitable for units ranging from 39.76 sq.m (428 sq.ft.) up to 239.4 sq.m (2,578 sq.ft.) for the whole unit. The offices have ample power, phone and network points throughout.

The Old Engine House is set in a private rural location at the heart of the Flete Estate, surrounded by mature woodland. Parking areas surround the property on three sides with a lawned garden area to the north and east.

Accommodation The building comprises the following IPMS3 areas

(lettable areas, excluding WCs):

Reception 5.36m x 3.46m 20.72m² (223sq.ft)

Meeting rm. 6.15m x 4.27m 26.26m² (283sq.ft)

Kitchen 6.02m x 5.91m 35.57m² (383sq.ft)

Office 1 15.99m x 3.51m 56.12m² (604sq.ft)

Office 2 9.91m x 6.16m 61.04m² (657sq.ft)

Office 3 6.53m x 6.09m 39.76m² (428sq.ft)

TOTAL IPMS3: 239.4 sq.m (2,578 sq.ft)

The attached floor plan provides an indication of the

current internal layout.

Parking 25 parking spaces are available within the gravelled

parking areas adjacent to the property.

Services The property has mains water and electricity. Drainage is to a septic tank. An alarm system is installed and may be taken over by the new tenant. Heating is provided by an oil fired boiler. These services have not been tested and interested parties should make their own enquiries.

Lease Terms

The property is offered on flexible terms at an initial annual rent of £18,000 per annum exclusive. Up to 50% reduction

in the rent payable in the first year of the lease is offered,

subject to lease terms and tenant’s financial status.

Alternatively, the offices are offered individually on terms to

be agreed; details on application.

A service charge may apply.

Business Rates Rateable Value: £15,000

Rates payable 2017/18: £6,990.00 (before any transitional arrangements).

In the event that the property is split, the individual units are expected to qualify for Small Business Rates Relief; further information on request.

Broadband / connectivity The property has network and power wiring throughout. We are advised that broadband download speeds are 12MB while a secondary satellite broadband service can provide speeds up to 18MB. Further investigations have shown that mobile broadband speed of 20MB are available, and ‘point-to-point’ internet services can provide speeds of around 50MB. Further details on request.

Energy Performance Certificate

Assessed in band E.

VAT

VAT is applicable to the figures quoted above.

Legal Costs

Both parties to bear their own legal costs in the

transaction.

Viewing & Further information

Strictly by appointment through the joint sole agents:

Stratton Creber Commercial

20 Southernhay West, Exeter, EX1 1PR

Contact: Jonathan Ling

Tel: (01392) 202203

Email: jonathan@sccexeter.co.uk

OR

Savills

Contact: Jeremy Smith

Tel: 01392 294883

Email: jbsmith@savills.com

Old Engine House, Flete Estate, Modbury, Ivybridge, Devon, PL21 9NX strattoncrebercommercial.co.uk

Old Engine House, Flete Estate, Modbury, Ivybridge, Devon, PL21 9NX strattoncrebercommercial.co.uk

Directions From Plymouth take the A379 Kingsbridge Road. Four miles after the village of Yealmpton turn right

into the Flete Estate at Sequers Bridge Lodge (opposite the second turning left for Ermington,

A3121). Follow the private road into the Flete Estate following signs for Flete Gardens and bearing

right to the rear of Flete House, passing the stables to the rear of Flete House on the left continue up

the private Estate road until the Old Engine House is found on the right hand side.

Particulars prepared May 2016

Photographs taken August and September 2015

The plans annexed hereto are based on the ordnance survey sheets as amended by the Agents.

Floorplans are for illustrative purposes only. These particulars are published for convenience only

and although believed to be correct, accuracy cannot be guaranteed nor does the description

constitute an offer or a contract.

Old Engine House, Flete Estate, Ivybridge, Devon, PL21 9NX strattoncrebercommercial.co.uk

Exeter Office

20 Southernhay West, Exeter, EX1 1PR

T: (01392) 202203

F: (01392) 203091

E: info@sccexeter.co.uk

Stratton Creber Commercial for themselves and for the Vendors or Lessors of the property whose Agents

they are, give notice that:

The particulars are set out as a general outline only for the guidance of intended purchasers or lessees,

and do not constitute part of, an offer or contract;

All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection

or otherwise as to each of them;

iii. No person in the employment of Stratton Creber Commercial has any authority to make or give any

representation of warranty in relation to this property.