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Investment

Investment For Sale Plymouth

PROPERTY ID: 124156

PROPERTY TYPE

Investment

STATUS

Available

SIZE

75,795 sq.ft

Key Features

For sale by traditional online auction on Thursday 7th December 2023 at 16.00
Large mixed industrial and residential estate
Farmhouse now four flats
Multiple barns
Yard space and land
Great access to the A38 road network
Multiple commercial units providing an uplift in reversionary rents & asset management opportunites

Property Details

Located conveniently for Plymstock and in turn Plympton, on the outskirts of the City of Plymouth, the estate is located on the outskirts of Plymstock, near to Plymouth and thus offers easy access to major transportation routes and other amenities, making it an attractive location for both industrial and residential users. The property is located approximately 3.5 miles from Marsh Mills roundabout and approximately 6 miles from the City Centre.

Bounded By Rural Fringes Is This Substantial Mixed Industrial And Residential Investment Opportunity Now Offering Vast Potential For All Investor-types, With Current Rents Reserved Of £61,680 Per Annum. This Investment Briefly Comprises A Range Of Tenanted Lock-up Units, Stores And Workshops Along With A Range Of Stunning Period Barns, Outbuildings And Of Course The Main Farmhouse, That Now Provides Four Units Of Self-contained Accommodation. With This Diversified Revenue Stream For The Investor, As Well As Potential For Further Enhancement And Graphic Scope For An Uplift In Rental Incomes As These Have Largely Been Untouched For The Last 20 Years. Potentially The Estate Could Become A Truly High Calibre, Strong Yielding Investment As It Also Offers Scope For Future Development And Asset Management Angles From Either Commercial Industrial And Residential, Subject To All The Necessary Consents Being Obtainable.

About the Agent

Investment Unit

£975,000 Freehold

Wixenford Farm,Colesdown Hill, Plymouth, PL9 8AA
Investment - Available
75,795 sq ft
7,042 sqm
Show phone number

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