A Very Rare Opportunity to Purchaser a Fully Let Industrial Estate
Overview
Description
The Rodgers Industrial Estate is located on a private road at the top of Alders Way on the Yalberton Industrial Estate in Paignton, South Devon.
The Yalberton Industrial Estate is Paignton’s largest and longest established estate and home to a wide variety of light industrial, industrial, warehouse, distribution and trade counter units.
Paignton is a resort town on the South Devon Coast, which along with the neighbouring towns of Torquay and Brixham make up the wider conurbation of Torbay.
The area has strong demand for small light industrial units such as those offered at Rodgers Industrial Estate and voids on the estate are rare.
The estate is very close to the A3022 Torbay Ring Road, which in turn connects with the A380 dual carriageway, giving continuous dual carriageway access to Exeter (approximately 20 miles) and the start of the Motorway network.
The Rodgers Industrial Estate is a purpose-built, gated estate of 11 units, built by our client in the early 1990’s. Since then, the estate has been diligently owner managed and is presented in excellent condition, with a full occupation of quality tenants.
Over the years, our client has deliberately not sought to increase rents and therefore there is scope for significant rent increases to market level.
The estate is arranged as three blocks of terraced units. The units are steel portal frame construction under insulated profile steel sheet clad, elevations and roofs. There is ample parking demised to each tenant on the estate.
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