Tripos Building, Stratton Business Park, Bude, Cornwall, EX23 8LY

Lot Image

Auction sale - Monday 19th February 2018

Result:

Sold for £830,000

Upon the instructions of


  • Freehold modern buildings
  • Open plan shell condition with lifts
  • 40,000 sq ft
  • Suited to a variety of uses
  • Exceptional location
  • Parking for 50 plus

Viewings

Final Viewing Wednesday 14th Feb at 11am and 1pm - please advise if you will be attending- see viewing information sheet re PPE requirements

Details

Location

Bude lies on the north coast of Cornwall close to the Devon border, in an area whose beautiful coastline, countryside and sandy beaches make it one of the UK's most popular holiday areas.
Bude lies adjacent to the A39 which links Bideford (26 miles) with Barnstaple (34 miles) and putting the M5 within 60 miles.
Bude, which is regularly voted as one of the best coastal towns in the UK, has a number of attractive sandy beaches and is famous as a surfing resort. The town has a growing population of around 17,000 and supports a year round tourist industry.
The town offers a good range of retail and leisure facilities and a major employer locally is the Governments GCHQ Agency.
The property lies upon the edge of the town centre within the Bude-Stratton Business Park which is situated alongside and with direct access off the A39, and enjoys views across the town out to sea.

Description

The property comprises a pair of linked modern buildings (a two storey building adjoining a three storey building) set within a site of 2.3 acres with landscaped forecourt and parking for 10 cars. There are also two detached buildings and on the opposite side of the road and a large clear mainly hard standing parking area for around 90 cars.

The property was built as a purpose built office and bio-research laboratory and new drug development facility for a US pharmaceutical company who went into receivership in 2008. Since then the buildings, which enjoy excellent natural light, have been stripped of all equipment, partition walls, ceilings and services to a hard surface shell condition, offering a large open area on each floor with a number of perimeter offices, and a large plant room that runs vertically through 5 floors.

The accommodation is thus very flexible and may suit office, manufacturing, leisure, agricultural, data centre or storage purposes.

The building has a full height modern atrium and reception with 8 person passenger and a goods lift.

Externally there is parking for 10 to 12 cars directly outside the building and across the road approx 66 spaces and room for another 30.

Tenure

Freehold

VAT

Refer to the legal documentation

Energy Performance Certificate

See website

Note

Final Viewing Wednesday 14th Feb at 11am and 1pm - please advise if you will be attending- see viewing information sheet re PPE requirements

Planning

There is considerable interest in seeing the property being brought back into a beneficial use and the economic development team at both Cornwall County Council and North Cornwall District Council have expressed a willingness to consider viable job creation options that might achieve this. The property may suit a variety of uses including office, manufacture, hydroponic agriculture, storage, data centre subject to discussions with the planning authority.
Cornwall Council (0300 123 4151) www.cornwall.gov.uk

Address Floor Use SqM SqFt
Tripos office building Ground First Total GIA Vacant Vacant Vacant 911.33 457.24 1,368.57 9,809 (inc open plan area 85ft x 52ft & ceiling 26ft) 4,922 14,731
Tripos laboratory building Ground First Second Total GIA Vacant Vacant Vacant Vacant 1,298.48 1,196.59 1,213.09 3,708 13,977 (inc open plan area approx 97ft x 78ft) 12,880 (inc open plan area approx 97ft x 78ft) 13,058 (inc open plan area approx 97ft x 78ft) 39,915
Site Car park/landscaping 0.941 ha 2.3 acres
Parking Across road 50 plus
Detached side generator building
Detached rear pipe and plant room

Contact

* Guide price

The guide price is an indication of the minimum price at which, or if a guide price range is given, within which, the seller is prepared to sell at the date of publication. The guide price is not an anticipated sale price or valuation. All prices quoted are subject to contract.

* Reserve price

The reserve price is the minimum price acceptable to the seller and the price below which the auctioneer cannot sell.

Both the guide and reserve may be subject to change up to and including the day of the auction. The guide price does not include either VAT which may apply to the sale or other amounts the seller may charge. The seller’s Special Conditions of Sale and addendum if any, will state whether there are other seller’s charges and whether the seller has elected to charge VAT on the sale price. On the fall of the hammer a buyer’s fee is payable of £990 inclusive of VAT.

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