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Location
The property is situated in a rural location on the north coast of the island in the parish of St Mary.
Description
The property comprises a modern warehouse building, which is currently used as a gymnastics academy, together with external customer car parking for 26 vehicles.
The property benefits from the following:
- three phase power supply
- versatile layout which has been partially cellularised to provide ancillary offices and staff facilities
- partial mezzanine
- full height roller shutter door
- canopy
Accommodation
The property which has been measured in accordance with RICS guidelines provides the following approximate Net Internal Areas:
Ground floor: 7,550 sq ft
Mezzanine: 890 sq ft
Terms
The property is available to let immediately from mid September 2024 by way of a new 9 year full repairing and insuring lease at a commencing rental of £92,500 per annum (exclusive of rates, insurance and GST).
The lessee will be responsible for the building insurance and Foncier & Occupier rates.
Rent reviews are to be 3 yearly in line with JRPI
Any transaction will be subject to the obtaining of references, guarantees and any official consents as may be required in the usual fashion.
Legal Costs
Each party will be responsible for their own legal costs associated with the letting whether or not it completes.
Any transaction will be subject to the obtaining of references, guarantees and any official consents as may be required in the usual fashion.
THIS PROPERTY IS BEING ADVERTISED IN ACCORDANCE WITH PLANNING POLICY E1.
OTHER USES WILL BE CONSIDERED SUBJECT TO OBTAINING THE NECESSARY CONSENTS.
Gymnasium academy with external parking
