£3,750,000

Property for sale

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Freehold

Offers in region of

£3,750,000

(£121.25/sq. ft)

Property for sale

Plymouth, 1-2 Broadley Park Road, Roborough, Plymouth PL6

30,928 sq. ft

Local area information

Property location

Nearby amenities

  • Widewell Primary Academy 1 mile
  • Bickleigh Down Church of England Primary School 1.1 miles
  • Bere Ferrers 2.8 miles
  • St Budeaux Ferry Road 4.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Modern detached warehouse in established industrial location
  • 30,928 sq ft (2873.30 sq m) gia of industrial accommodation
  • Fully let to the nhs and Groenveld UK Ltd
  • Rental income of £257,850 per annum
  • Subject to contract Seeking offers of £3,750,000
  • Net Initial Yield of 6.46%
  • Site area of 2.53 acres, reflecting a low site coverage of 30%
  • WAULT - 4.03 years
Description

The property comprises a modern detached warehouse, constructed in 2000. The unit is of steel portal frame construction and is clad with insulated double-skin steel sheeting to the external elevations and roof. Internally, the units have the following specification:

Modern manufacturing unit
Eaves height of 7.7 meters
5 Electric loading doors
400 kVA electricity supply
Secure parking for 40 vehicles
Secure yard area

Goods loading is via five electrically operated up and over doors of the eastern elevation. The unit is supplied with three phase electricity, mains, water, drainage and gas.

Externally there is a mixture of tarmacadum car parking and a concrete yard which provides loading external storage and circulation. A palisade security fence encloses the useable site area.

We understand from the 1999 planning consent that the property can be used for uses falling under the B1, B2 and B8 of the Use Classes Order 1987 and, therefore, permitting light industrial, general industrial and distribution uses. D2 planning consent has also been obtained.

Location

Broadley Park Road is situated off the A386 Tavistock Road, one of the main arterial routes between north and south Devon. The A38 Devon Expressway provides connections -to the wider road network including the M5.Broadley Park Road is situated off the A386 Tavistock Road
approximately 6 miles north of Plymouth city centre which is one of the main arterial routes. The A38 Devon Expressway, which is 4 miles to the south provides connections to the wider road network including the M5. Notable occupiers include Rittal csm, Becton Dickinson, Burts Crisps and Toshiba carrier.

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  1. Zoopla
  2. Commercial for sale
  3. Plymouth
  4. South Hams
  5. Roborough
  6. Broadley Park Road