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The Apex, Derriford Business Park

For sale: POA|22587 Sq Ft|Office, Other, Offices, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALEPOA
SIZE22587 Sq Ft
ADDRESSThe Apex, Derriford Business Park, Brest Road, Derriford, Plymouth, PL6 5FL
TYPEOffice, Other, Offices, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON4th September 2020

DESCRIPTION

Key Points

  • Excellent communication links
  • Superb opportunity
  • Prominent development
  • Summary

    FREEHOLD OFFICE BUILDING FOR SALE ON PROMINENT SITE

    Location

    The Apex is located in Derriford to the north of Plymouth City Centre on a prominent site adjacent to the main Derriford roundabout which links the City Centre to Tavistock via the A386. This is one of the main arterial roads into Plymouth and is a dual carriage way up to the Derriford interchange. The A38 Parkway is about a mile to the south. The new Forder Valley link road is now under construction and is scheduled to complete in 2021 and will relieve the road congestion on the A386.

    Promo

    FREEHOLD / INVESTMENT

    Planning Context

    The current use of The Apex is for offices under Class B1 of the Town and Country Planning (Use Classes) Order. The site forms part of land allocated within Policy PLY38 in the emerging Plymouth and South West Devon Joint Local Plan (2014?2034) as suitable for employment led mixed use development. The Policy states that the land situated between Derriford hospital and William Prance Road, and incorporating the North-West Quadrant site, Derriford Business Park and the former Seaton Barracks Parade Ground is allocated for a mix of uses comprising new commercial floorspace in the form of retail, medical/health related uses, B1 offices and workshops, leisure and community uses, education, and residential. The central area (focused around Derriford Business Park) provides a longer term opportunity for connecting the northern (North West Quadrant) and southern area (former Seaton Barracks Parade Ground) with a range of ?town centre' type uses mixed with residential. The Policy refers to the following plan which identifies this site as suitable for ?landmark buildings'.

    LOCATION

    Location: The Apex, Derriford Business Park, Brest Road, Derriford, Plymouth, PL6 5FL

    Plymouth (2.8 miles)

    St Budeaux Victoria Road (3.0 miles)

    Keyham (3.1 miles)

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