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Kings Ash House, Paignton newly refurbished, grade 'A' office accommodation in the heart of Torbay

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Page 1: Kings Ash House, Paignton - TDA · Kings Ash House is located on Kings Ash Road in Paignton. It offers easy access to Paignton, Torbay, Newton Abbot as well as fast access along the

Kings Ash House, Paignton

newly refurbished, grade 'A' office accommodation in the heart of Torbay

Page 2: Kings Ash House, Paignton - TDA · Kings Ash House is located on Kings Ash Road in Paignton. It offers easy access to Paignton, Torbay, Newton Abbot as well as fast access along the

a breath of fresh airKings Ash House offers newly refurbished office accommodation within the Torbay area that is managed and run by TDA. The development provides newly refurbished offices, storage and parking to businesses of various sizes.Based in Paignton within the heart of Torbay, the area benefits from good access links to Exeter, Bristol and beyond as well as being home to a thriving and diverse business community.

Page 3: Kings Ash House, Paignton - TDA · Kings Ash House is located on Kings Ash Road in Paignton. It offers easy access to Paignton, Torbay, Newton Abbot as well as fast access along the

Office accommodation available in January 2016Flexible office accommodation options are available ranging from single offices from 130 sq ft. A shared reception area, communal meeting rooms, kitchenettes, toilets and disabled facilities are provided.

Key Features:*• 10.651 sq ft net office space• Self contained office building fully refurbished to a high standard

– works complete January 2016• Office suites of varying size available to accommodate individual

business requirements• Communal conference room• Double height reception• Air conditioning• Climate control, heating/cooling systems• Level access to building• Male, female and disabled toilets, plus shower facilities• Kitchenette located on each floor• On site parking for cars and bikes

Lease Terms:• Flexible lease terms available• Rent: £13 per sq ft (net rent)• Storage: £4 per sq ft• Service contribution: £6 per sq ft to include: Cleaning Repair and maintenance of exterior and common parts Gas, water and electric consumptionAll charges plus VAT

Energy Performance CertificateTo be assessed.

Rates Rateable Value: - To be assessed The suites will be assessed after occupation, but it is possible that qualifying businesses will be able to benefit from up to a 100% rates reduction as part of the Small Business Rates Relief Scheme. *SUBJECT TO CONTRACT

Page 4: Kings Ash House, Paignton - TDA · Kings Ash House is located on Kings Ash Road in Paignton. It offers easy access to Paignton, Torbay, Newton Abbot as well as fast access along the

floor plans

Basement

First Floor

Kings Ash House provides a unique opportunity to organisations who wish to commit early to the development to benefit from offices that are purpose built to their size and needs. Ground, first floor and basement plans are shown. A parking area ensures that there is plenty of space for companies to grow.

Ground Floor

Page 5: Kings Ash House, Paignton - TDA · Kings Ash House is located on Kings Ash Road in Paignton. It offers easy access to Paignton, Torbay, Newton Abbot as well as fast access along the

SizeFloor Room No. Sq ft Sq m

Ground(Offices)

1 734.0 68.192 442.6 41.123 290.1 26.954 291.1 27.045 173.9 16.166 209.9 19.507 518.1 48.138 291.2 27.059 757.8 70.40

First(Offices)

10 538.2 50.0011 452.1 42.0012 297.0 27.5913 289.3 26.8814 128.7 11.9615 145.3 13.5016 1426.2 132.5017 374.2 34.7618 532.8 49.5019 367.0 34.10

TOTAL 10651.96 989.6

Basement(Storage)

20 411.2 38.2021 390.1 36.2422 921.3 85.6023 296.0 27.5024 287.4 26.7025 581.3 54.0026 130.6 12.13

BasementFirst Floor

An example of a typical office layout with basement storage area.

Refurbishment works timed to complete in tandem with the completion of a £110m South Devon Highway, improving the road network connecting Exeter and Newton Abbot to Torbay.

Page 6: Kings Ash House, Paignton - TDA · Kings Ash House is located on Kings Ash Road in Paignton. It offers easy access to Paignton, Torbay, Newton Abbot as well as fast access along the

you’re connectedKings Ash House is located on Kings Ash Road in Paignton. It offers easy access to Paignton, Torbay, Newton Abbot as well as fast access along the South Devon Highway and then the A380 to Exeter.

Road links to the North & South are simple, with the M4/M5 and A303 bringing you straight to Exeter and onwards down the new South Devon Highway direct to the Torbay gateway.

While physical connectivity may be crucial for businesses, Torbay’s superfast links with the rest of the world are becoming increasingly important. Thanks to the government’s fibre-optic rollout programme, 84% of Torbay’s major centres of Torquay, Brixham and Paignton now all enjoy super-fast broadband and is ranked in the top half of the UK for availability.*Source: House of Commons Library,

Fixed Broadband: Policy & Speeds 2014

Kings Ash House Kings Ash Road Paignton TQ3 3XZ

roadKings Ash House to - Exeter 30 - 45minsBristol 1hr 30mins - 2hrsLondon 3hr 30mins - 4hrs

trainsTorbay to Exeter 30 - 40minsPlymouth 30 - 40minsBristol 1hr 30mins - 2hrsLondon 3hrs - 3hrs 30mins

airExeter to Manchester 1hrExeter to Newcastle 1hr 20minsExeter to Leeds 1hr 5minsExeter to London 1hr 5mins

Kings Ash House

Train StationBus Station

Torquay

Brixham

PaigntonPlymouth

Exet

er

Page 7: Kings Ash House, Paignton - TDA · Kings Ash House is located on Kings Ash Road in Paignton. It offers easy access to Paignton, Torbay, Newton Abbot as well as fast access along the

about torbay

Torbay is a

UNESCO-rEcognised Global Geopark

Torbay has a population of

130,708

Over

960FTE directly employed in the electronics & photonics industry in Torbay and South Devon

Torbay has

3 harbOUrs22 bEaChES2 mariNaS

66.8% 63.4%

Percentage of homes owned outright or with a Mortgage or Loan

Torbay ENGlaNd

% Achieving 5+ A*- C GCSEs (or equivalent) including English and maths GCSEs (Key Stage 4)

99% 98%

53%

98%

Torq

uay

Boys

Gra

mm

ar S

choo

l

Chur

ston

Fer

rers

Gra

mm

ar

Scho

ol A

cade

my

Torq

uay

Girls

Gra

mm

ar S

choo

l

Engl

and

Annual Media Salaries taken from Annual Survey of Hours & Earnings 2014CambridgE

£29,691

briStOl

£28, 255

CardifF

£26,443

tOrbay

£20,843

PrimE renT £/psfB1 Office B1 Industrial

Prime Rent Source Jones Lang Laselle / Alder King (circa 7000 sq ft)

aNnual salariES

tOrbay briStOl ExETEr swiNdOn readiNG EdiNburgh

£13.75

£6.50

£18.50

£7.25

£17.50

£7.00

£30.00

£9.50

£29.00

£7.75

£22.00

£8.00

Page 8: Kings Ash House, Paignton - TDA · Kings Ash House is located on Kings Ash Road in Paignton. It offers easy access to Paignton, Torbay, Newton Abbot as well as fast access along the

you’re connected

Exeter

TauntonBarnstaple

Plymouth

Weymouth

Bridgewater

Yeovil

HonitonOkehampton

Newquay

Newton Abbot

30 min

1 hour

2 hours

Estimated travel time by car

Falmouth

Truro

Torquay

Disclaimer These particulars are prepared as a general guide only for interested parties. Interested parties should not rely on them as statements or representations of fact and must satisfy themselves as to the correctness of the information provided by inspecting the site and making any necessary preliminary inquiries relating the their intended use before submitting any offer since the TEDC is unable to offer warranties in this regard.

The TEDC accepts no responsibility for any expenses incurred by any interested parties in inspecting the site, making further enquiries or in submitting any offers (successful or otherwise) for the rights, including in the event that an alternative offer has been accepted or the proposed right is withdrawn.

Care must be taken when visiting the site. The TEDC shall not accept any responsibility for any loss or damage suffered when viewing the site. Interested parties are deemed to accept this disclaimer by entering onto the site.

Bristol

Contact:TDA, 3rd Floor, Tor Hill House,Union Street, Torquay TQ2 5QWTel: (01803) 207948 Email: [email protected]