Established Commercial Investment and Self Storage Business For Sale
Established Commercial Investment and Self Storage Business For Sale
Overview
Description
Westcountry Storage is situated in a prominent location just off the A38 Devon Expressway which provides direct access to Plymouth and Beyond (Southbound), Exeter and the M5 (Northbound) with the busy towns of Newton Abbot and Ashburton just a short drive away. The estate, which has been developed by clients over the recent years has seen a great deal of investment not only across the industrial development, which provides high quality warehousing across the site, but extensive drainage, security and associated infrastructure across the site.
The estate is popular with storage and distribution operators given the exceptional road connections, along with being well position from a self-storage perspective, with a large local population within Teignbridge amounting to 134,000 (Census 2021)
• Our Ref: CD-80079
• Well presented multi-let industrial estate totalling circa 30,000 sq ft
• Approx. 2,000 sq ft detached office block
• Total site area of approx. 2.89 acres
• Fully let to tenants generating a passing rental of £221,510 + VAT Pa
• 87 storage containers providing a lucrative income
• Strategic location situated just off the A38 and 20 miles from the M5
• Potential for further development (STPP)
• Freehold Guide Price: £3,650,000 +VAT
• FH Price: £3,650,000 Guide Price
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