Multi let industrial investment property
Ready made investment
Good local covenants
Potential for rental growth with further units to let
NIY 10.14%
Site area: 3.86 acres
Barnstaple is a historic town in North Devon, UK. Situated on the banks of the River Taw, it is known for its charming character, medieval heritage, and vibrant market. With a mix of architecture, picturesque streets, and natural beauty, Barnstaple offers a rich cultural and scenic experience.
The Two Rivers Estate is a notable industrial and commercial area located in the town. It features a variety of accomodation, including offices, manufacturing facilities, warehouses, and retail units. The estate benefits from its proximity to major road networks, including the A361 North Devon Link Road, providing convenient access to the rest of the County.
The property comprises a number of units including road side terraces with a degree of glazing and retail frontage, office accommodation and terraced and detached industrial unit with traditional roller shutter doors and forecourts. The layout and variety of accommodation has led to a range of occupiers and a mix of uses on the site.
With a good ration of carparking and an access road running through the site access to the property is easy and makes site management simpler. Though some of the buildings have been refurbished other require new roofs and some modernisation. All buildings on site are understood to be of traditional construction and materials.
Site area 3.86 acres.
VAT will be applied at the standard rate where applicable.
Both parties to bear their own legal costs in the transaction.
An EPC is available for this property. Please contact the agent for further details.
DescriptionTenant
Unit 1Car Care Centre
Unit 1North Devon Hospice
Unit 1aNorth Devon Hospice
Unit 2 North Devon Hospice
Unit 3 Barum and Dewar
Unit 4 Provectus
Unit 5Alfa Ragazzi
Unit 6North Devon Hospice
Unit 7South West Windows
Unit 8Dunphy Polymers Ltd.
Unit 9Dunphy Technical Services Ltd.
Unit 10Car Care Centre
Unit 11North Devon Hospice
Unit 12 Barum Engines Ltd.
Unit 13 Motor Parts Direct
Unit 14Sentient Trusts t/a Pathfields School
Unit 15Gardant Security
Unit 16Vacant
Key Features
- Ready made investment
- Good local covenants
- Potential for rental growth with further units to let
- Site area: 3.86 acres
- NIY 10.14%
- Guide Price: £2,500,000
( Agency Pilot Software ref: 2284 )
