The Old Quarry, Caton, Ashburton, Devon
Size
34,935
Tenure
Freehold
EPC
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Parking
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- Primary use
- Industrial park
No floor / site plan
Key features
- Multi-let industrial and storage investment extending to approximately 2.87 acres in a strategic South Devon location.
- Well-connected position with direct access to the A38 Devon Expressway, linking Exeter, the M5 and Plymouth.
- Approximately 35,000 sq ft of warehousing, offices and open storage, built to a modern industrial specification.
- Diversified tenant base across industrial, logistics and office occupiers, spreading covenant risk.
- Passing rent roll of £216,936 per annum (excluding income from the storage container site) with asset management and reversionary upside potential.
- Freehold opportunity with secure income, attractive lot size quoting £3.495 million.
- A purchase at this level would reflect a net initial yield of 7.25% on the multi-let estate, apportioning £695,000 to the 0.75-acre container site.
Description
The property comprises approx 2.87 acres of warehousing, office and open storage. At the entrance to the site is a container storage site extending to approximately 0.75 acres of gravel hard standing, accessed via a secure gated entrance and includes around 90 storage containers.
The main industrial estate benefits from a number of high quality units.
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- Use class
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- Listed building
- No
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