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The Manor House, 63 Wolborough Street Newton Abbot TQ12 1NE

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The Manor House, 63 Wolborough Street Newton Abbot TQ12 1NE NEWTON ABBOT ~ ASHBURTON ~ TOTNES ~ CHAGFORD ~ ANTIQUES SALEROOM, ASHBURTON REF: DRO1750 The Manor House, 63 Wolborough Street Newton Abbot TQ12 1NE A valuable Grade II Listed freehold investment property. Subject to a business lease. Offers Invited in Region of £435,000 Contact Totnes Commercial Department: Rendells, 57 Fore Street, Totnes, Devon. TQ9 5NL Tel: (01803) 863888 Fax (01803) 863310 Email: [email protected] www.rendells.co.uk THE MANOR HOUSE, 63 WOLBOROUGH STREET, NEWTON ABBOT TQ12 1NE SITUATION The premises stand on the entrance into Newton Abbot from Totnes. The property is a level walk into all the town’s amenities with car parking both to the front of the building and to the rear. Newton Abbot is a growing town popular in the area for its retail shopping with a mainline railway station bringing London within 3 hours and well placed for easy accessibility to the coastlines of Torbay and the South Hams and good road links making commuting into the cities of Exeter and Plymouth an easy task. CONSTRUCTION The main house is of a traditional masonry construction under a slated roof and has been extended in block and brick to its rear and within that back section is open plan offices and parking to the side. ACCOMMODATION Entrance through portico into Reception Hall with attractive open balustrade staircase rising through half landing with doors to: Office/reception (left hand side as you enter) 5.291m x 4.917m with radiator, windows on two aspects with original fireplace and door to: Rear corridor with access to Cloakrooms and to rear open plan Office 1. Administrative Office (right hand side as you enter) 4.499 m x 5.264m with radiator, power points, strip lighting, access to back hall and to rear office. Rear Office 3.806m x 3.014m with radiator, borrowed light looking into open plan office 1 and power points. Leading from the rear hall are steps up to Through Office 2.535m x 4.755m with radiator and door into open plan office 1. Rear corridor with doors to gent’s cloakroom and to ladies cloakroom. Also door to previously mentioned open plan office. Open plan office 1 with reception area 3.1m x 2.5m with radiator and opening into: Open plan office 2 6.13m x 7.266m with steps up to upper floors and door to rear hall. Leading off this open plan office is Side Room 3.6mx2.896m with radiator, power points and lighting. Side staff kitchen 2.02mx1.65m and also off corridor door to small Box Room 2.7m x 2.46m NB. no window. Also from this area is a door to the Rear Hall with secondary staircase rising to first floor and access to the previously mentioned cloakrooms. Open Plan office 3 (rear) 5.992m x 11.629m with Myson wall heater and side door to car parking. Staircase to first floor Landing with radiator and doors to: Office (on right hand side as you enter landing) 5.396m x 4.767m with power points, two radiators, ornate ceiling with view to front and door to rear room. Rear Office 3.89mx6.994m with two radiators and power points and lighting and door to: File Room 4.039m x 2.545m (no window) with door to back landing/room with secondary staircase to upper floor with borrowed light overlooking lower floor and radiator. Also door to Store Room 2.4m x 3.32m with lighting, radiator and door to rear landing. Also doors to Staff Kitchen 2.581m x 3.2m with stainless steel sink unit, power points and side window. Stairs down to Lower Floor and door to: Boiler Room with Potterton Kingfisher gas fired boiler for central heating. Managing Directors Office (on left hand side as you arrive at landing) 5.46m x4.477m with radiator, original fireplace, strip lighting, door to previously mentioned landing/office room and door to store cupboard. 2 THE MANOR HOUSE, 63 WOLBOROUGH STREET, NEWTON ABBOT TQ12 1NE Staircase rising to Second floor Landing with doors to: Office 4.474m x 5.376m (left hand side as you enter landing) with wall lighting, strip lights, two radiators, view to front and door to a rear room. Built in cupboard. Office (right hand side as you arrive at landing) NB this room was locked but is believed to be a similar size to the above office but it is not included in the tenancy with the Landlord having a right of access to this room but will obviously be giving up the office upon the sale of the Freehold. Rear Office (previously mentioned above) 3.081m x 3.0m excluding landing area of back staircase, with seated window, radiator and lighting and stairs down to rear of building. Staircase rising to small landing and two Attic Rooms Attic 1 4.788m x 4.5m with rear window and restricted height to entrance door. Landing with fuse box Attic 2 4.729m x 4.348m with small window, access to water storage tank in roof and lighting. OUTSIDE To the front of the property is a surfaced area enclosed and available for car parking for five to six cars. Approached up the side lane known as Manor Cottages is further car parking for three to four cars with a side entrance to the rear wing of the building which has been added much later than the original build. SERVICES Mains Electricity, Water, Drainage and Gas RATEABLE VALUE £27,750 TENURE Freehold subject to a business lease under the 1954 Landlord & Tenant Act. THE LEASE Commencing on the 6th August 2014 and ending on 31st January 2025. A copy of the lease is available with the selling agents. BREAK CLAUSE The above Lease includes two break clauses, one on the 31st January 2019 which has passed and the second on the 31st January 2022. The Break Clause can be instigated by both parties and, where necessary, having given the appropriate notice, the Lease could come to an end three years earlier than the termination date above. THE TENANTS The current tenants are a newspaper publishing group producing the local Mid Devon Advertiser newspaper. CURRENT RENT £33,500 subject to rent reviews. 3 THE MANOR HOUSE, 63 WOLBOROUGH STREET, NEWTON ABBOT TQ12 1NE GENERAL NOTE The previously mentioned Lease offers two reservations for the Landlord: i) A upper floor office and ii) A parking space within the front car park area Reservations would be transferred to any purchaser. PLANNING The premises have been added to with more recent construction to the rear, this having been undertaken prior to the Listing and in the event of vacant possession in the future, prospective purchasers may wish to consider the development or redevelopment of the more recent constructions undertaken at the rear of the premises. VIEWING: By telephone appointment through Rendells Estate Agents, Tel: 01803 863888. Consumer Protection from Unfair Trading Regulations 2008 1) These particulars are set out for the interested parties and purchasers as a guideline only. They are intended to give a fair description but not to constitute an offer or contract. 2) All descriptions, dimensions, distances, orientations and other statements/facts are given in good faith but should not be relied upon as being a statement or representation of facts. 3) Nothing in these particulars shall be deemed to be a statement that the property is in good condition or otherwise nor that any services are in good working order. The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for their purpose. Interested applicants are advised to make their own enquiries and investigations before finalising their offer to purchase. 4) The photographs appearing in these sales brochures show only certain parts and aspects of the property at the time the photographs were taken. Aspects may have been changed since the photographs were taken and it should not be assumed that the property remains precisely as displayed in the photographs. Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. 5) Any area measurements or distances referred to herein are approximate only. 4 THE MANOR HOUSE, 63 WOLBOROUGH STREET, NEWTON ABBOT TQ12 1NE 6) Where there is reference in these particulars to the fact that alterations have been carried out, or that a particular use is made of any part of the property, this is not intended to be a statement that any necessary planning, building regulations or other consents have been obtained and these matters must be verified by any intending purchaser. 7) Descriptions of a property are inevitably subjective and the descriptions contained herein are used in good faith as an opinion and not by way of statement of fact. If there are any points of particular importance that need clarifying before viewing please do not hesitate to contact this office. 8) References to the tenure of a property are based on information supplied by the seller. The agent has not had sight of the title documents. A buyer is advised to obtain verification from a solicitor and before finalising their offer should make their own enquiries and investigations. Buyers should check the availability of any property and make an appointment to view before embarking on any journey to see a property. 5 .
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