To Let. Rental: 6,750 pa commencing (plus VAT) 1 Willow Tree Court Roundswell Business Park Barnstaple Devon, EX31 3TD

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1 1 Willow Tree Court Roundswell Business Park Barnstaple Devon, EX31 3TD To Let Rental: 6,750 pa commencing (plus VAT) 1,550 sq ft(144m²) 3 integral offices 370 sq ft (34m²) Free electricity from fitted solar panels 3-Phase electricity 6 car spaces Sole Letting Agents Ref: UW714

2 LOCATION The premises occupy a convenient location on the ever popular Roundswell Business Park which is located on the southern outskirts of Barnstaple giving easy access to the A361 North Devon Link Road (Atlantic Highway). This modern business unit is located at the end of a terrace of 5 similar units which include Greenslade Restoration & Renovation, TJ Hookway Automotive Technician and Tarka Home Improvements. Unusually this unit has the benefit of 6 car parking spaces. To locate the premises leave the A361 at the Roundswell Roundabout headed towards Sainsbury s. At the next roundabout turn left SP Roundswell Business Park West and drive past MacDonalds. Take the first right turn beyond this and follow the road round beyond Loosemore House. This select development is then located on the left hand side. THE PREMISES This development was built around 9 years ago of traditional construction with steel portal frames having part block walls and profile steel wall cladding and roofing panels. The front elevation has attractive sandstone blocks to 7 feet. This unit offers 1,550 sq ft with approximately 25% office content. Our clients fitted a 7.28kwp solar panel system to offset energy costs which can provide the unit with free electricity with the remainder being sold back to the National Grid. We are advised that the PV panels produce 6,800 kilowatt units per year (though mostly this is during the summer months). The premises benefit from maximum head room of 22 8 and minimum eaves height Access is via an electric roller shutter door providing 12ft width and 17ft headroom. THE ACCOMMODATION COMPRISES Overall unit measurement 32.8 x Maximum height Minimum eaves Access via upvc personal door to Reception Office (16 3 x 10 8 ) red carpet tiles, meter cupboard, Venetian blinds, modern suspended ceiling, telephone, PC and powerpoints on wall trunking, electric panel heater, fire alarm panel. Door to Factory Floor. Office x 6 7 fitted as Reception Office. Office x 8 3 Store Room 10 x 6 6 Kitchen 5 1 x 5 10 single drainer stainless steel sink unit, cupboards and drawers under, water heater. W.C. A disabled facility 6 9 x 5 0 Wash hand basin, Aqua water heater. The main Factory Unit benefits from 2 X halogen lights and clear roofing lights. THE PROPOSAL Our clients are prepared to offer a new 3-year Lease on concessionary rental terms. Rental in year 1 6,750 per annum ( 4.35 per sq ft). Rental in year 2 7,750 per annum ( 5.00 per sq ft). Rental in year 3 8,750 per annum ( 5.65 per sq ft) Tenant responsible only for internal repairs and decoration and to maintain the premises in the condition as it is found. SERVICE CHARGE A fixed Service Charge of 400 (plus VAT) will be levied to cover external and structural repairs and maintenance and repairs to communal parts. INSURANCE A fixed charge for insurance of the building of 300 (plus VAT) will be levied on the tenant fixed for the 3-year term. RENT PAYMENT If it assists the tenant, the Landlord is happy to receive rent and Service Charge payments on a monthly basis rather than quarterly.

3 VAT The property is elected for VAT and thus this will be chargeable in respect of rent and Service Charge. REFERENCES The incoming tenant to provide usual bank and trade references. SERVICES All mains services are connected including 3-phase power. BUSINESS RATES Business Rates Payable 2012/13 approximately 5,725. Small Business Rate Relief may apply. VIEWING To view the property contact the Sole Letting Agents who hold keys. Contact: Dean Warmington. Mobile: dean@underwoodwarmington.com Website: Important Notice These particulars are for guidance only. They are prepared and issued in good faith and are intended to give a fair description of the property but do not constitute part of an offer or contract. Any description of information given should not be relied upon as a statement of representation of fact or that the property or its services are in good condition. Neither Underwood Warmington (nor its Joint Agents) not any of their employees has any authority to or give any representation or warranty whatsoever in relation to the property. The photographs show only certain parts and aspect of the property at the time they were taken. Any areas, measurements or distances given are approximate only. Any reference to alterations to, or use of, any part of the property is not a statement that any necessary planning, Building Regulations or other consent has been obtained. These matters must be verified by an intending purchaser.

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