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Warehouse And Premises, Hennock Road Central, Marsh Barton Trading Estate, Exeter, EX2 8NP

£1,350,000

£87.59 per sq ft

Business rates & charges may apply

Vickery Holman, Exeter
SIZE AVAILABLE

15,413 sq ft

1,432 sq m

SECTOR

Light industrial facility for sale

Key features

  • Rare freehold opportunity
  • Well presented single let industrial investment
  • Strategically located on Exeter's principal trading estate
  • Busy trading location
  • Site approx 0.33 hectares (0.83 acres) taken from Nimbus Maps
  • High eaves warehouse, detached office building
  • Circulation and parking space
  • Let to Kingfisher International Products Ltd until June 2027

Description

The property comprises a well-presented detached warehouse, separate office block and circulation and parking space. The specification includes:

High eaves of approx 7.5m minimum
Portal frame construction with profile sheet cladding to the elevations
Excellent warehouse space
Loading canopies and roller doors
Detached brick office building providing offices, welfare facilities and kitchen
Car parking, loading and circulation space
Mix of palisade, chain-link and natural boundaries to the site

Tenure and Tenancies:

The property is held on freehold titles DN321280 and DN210940.

The property is subject to a lease of 10 years from 2017 expiring 21st June 2027, to Kingfisher International Products Limited (company number: 09861549).
The property is currently let for £88,285 pax on a lease subject to a Schedule of Condition.


Tenant Covenant:

The company was incorporated in 2015 and is a wholly owned subsidiary of Kingfisher PLC. Kingfisher International Products Limited, operates as an offer and procurement company on behalf of the Kingfisher PLC group of companies. The profit after tax for year ended 31 January 2024, showed £43,742; an increase from
the 2023 figure of £32,928. The company have been in occupation since 2017.

Brochures

Warehouse And Premises, Hennock Road Central, Marsh Barton Trading Estate, Exeter, EX2 8NP

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Exeter St. Thomas Station1.3 miles
  • Exeter Central Station1.8 miles
  • St James Park Station2.0 miles

About Vickery Holman, Exeter

Balliol House Southernhay Gardens, Exeter, EX1 1NP

Vickery Holman is a multi-disciplined property company, the roots of which can be traced back as far as 1848. Today, the consultancy has more than 60 people working in four offices, strategically placed across the South West. Vickery Holman is a limited company, owned by its employees, and is a member of the RICS (Royal Institution of Chartered Surveyors).

Our consultants offer a full spectrum of skills in all areas of property, from all aspects of general practice and building surveying, right through to the management of commercial and residential property. Our specialist areas include dispute resolution, development consultancy, valuation, lease consultancy, business rates negotiations, in addition to commercial sales, lettings and acquisitions.

We deliver commercial property opportunities to a wide range of clients from single tenants to large scale investors. Our tailored, personal service aims to empower all our clients, whether they are new to property or seasoned professionals. We believe communication through personal contact is key to highlight those investment opportunities or potential pitfalls.

Can't find what you are looking for here? Call one of our offices in your area to speak to our experts who can identify with your property requirements and guide you through the process to find the right option for you.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 20874FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Vickery Holman, Exeter. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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