1/4
Investment

Investment For Sale Ivybridge

PROPERTY ID: 142214

PROPERTY TYPE

Investment

STATUS

Available

SIZE

9,447 sq.ft

Key Features

Industrial investment
Popular Lee Mill Industrial Estate
Long term tenant
Passing rent only £5.22 psf - therefore reversionary
Tenant Experian score of 94
£650,000
NIY - 6.14% assuming purchasers costs of 5.18%

Property Details

Lee Mill Industrial Estate is located near Ivybridge in Devon. It has convenient access to the A38, which serves as a major route connecting the M5 motorway (near Exeter) to the city of Plymouth and Cornwall beyond. The property is located on East Way which is accessed from Central Avenue - one of the main estate roads.

The Property Comprises Of An Industrial Unit With Roller Shutter Access To The Front. There Are Two Mezzanines At Either End Of The Building, Providing Additional Storage Space. To The Front Of The Property There Is An Office/reception Area And Toilet Facilities. The Tenant's Have Also Added A Conservatory Structure Which Provides A Kitchen/breakout Area. To The Front Of The Property There Is Parking And Loading Space. Location Lee Mill Industrial Estate Is Located Near Ivybridge In Devon. It Has Convenient Access To The A38, Which Serves As A Major Route Connecting The M5 Motorway (near Exeter) To The City Of Plymouth And Cornwall Beyond. The Property Is Located On East Way Which Is Accessed From Central Avenue - One Of The Main Estate Roads. Accommodation All Areas Are Approximate And Measured In Accordance With The Rics Property Measurement (2nd Edition) On A Gross Internal Basis. Ground Floor - 683.2 Sq M (7,354 Sq Ft) Mezzanines - 194.4 Sq M (2,092 Sq Ft) Total - 877.6 Sq M (9,447 Sq Ft) Rent / Price £650,000 Business Rates From The Valuation Office Agency Website (www.voa.gov.uk) We Understand That The Current Rateable Value Is £35,750. Therefore Making The Approximate Rates Payable £17,839 Per Annum For 2025/26. Contact Our Team Of Business Rates Experts If You Have A Query About The Rateable Value Of This Property. Services We Understand That Mains Electricity, Water And Drainage Are Connected To The Property However These Services Have Not Been Tested By The Agents. Interested Parties Should Make Their Own Enquiries. Epc Awaited Legal Fees Each Party To Be Responsible For Their Own Legal Fees In Relation To This Transaction. Vat All Figures Quoted Are Exclusive Of Vat If Applicable.

About the Agent

Investment Unit

£650,000 Freehold

Unit 4 East Way, Ivybridge, PL21 9GE
Investment - Available
9,447 sq ft
878 sqm
Show phone number

Enquiry Form

Boxpod will only use your details to send an enquiry to the advertiser and prompt a response. By clicking the Send Enquiry button, you agree to Boxpod's Privacy Policy Please wait for a response. It may take several seconds.

Similar to this property

To Buy
£795000 Freehold

Plymouth, PL4 6JJ

Investment

To Buy
£775000 Freehold

Plymouth, PL4 6LE

Investment

To Buy
£2500000 Freehold

Plymouth, PL4 8BZ

Investment

To Buy
£220500 Freehold

Plymouth, PL6 7EZ

Investment

To Buy
POA

Plymouth, PL6 7EZ

Investment

To Buy
£265000 Freehold

Plymouth, PL6 7EZ

Investment

To Buy
£570000 Freehold

Plymouth, PL6 7EZ

Investment

To Buy
£290000 Freehold

Plymouth, PL6 7EZ

Investment

To Buy
£1700000 Freehold

Plymouth, PL6 7EZ

Investment

To Buy
£2390000 Freehold

Plymouth, PL1 1NS

Investment

To Let
£1500 / month

Plymouth, PL1 3LU

Investment

To Buy
£250000 Freehold

Plymouth, PL1 3LU

Investment

To Buy
£530000 Freehold

Plymouth, PL5 3LS

Investment

To Buy
£295000 Freehold

Saltash, PL12 6JL

Investment

To Buy
£400000 Freehold

Tavistock, PL19 9DP

Investment

To Buy
£600000 Freehold

Tavistock, PL19 0BA

Investment

To Buy
£1150000 Freehold

Paignton, TQ4 7BB

Investment

To Buy
£1150000 Freehold

Paignton, TQ4 7TW

Investment

To Let
£4875 / month

Newton Abbot, TQ12 2QH

Investment

To Buy
£1100000 Freehold

Newton Abbot, TQ12 2DT

Investment

To Buy
£550000 Freehold

Newton Abbot, TQ12 2HD

Investment

To Buy
£495000 Freehold

Newton Abbot, TQ12 2SL

Investment

To Buy
£59750 Freehold

Torquay, TQ2 5QP

Investment

To Buy
£600000 Freehold

Teignmouth, TQ14 8BG

Investment

To Buy
£125000 Freehold

Dawlish, EX7 9PH

Investment

To Buy
£119500 Freehold

Exeter, EX4 3JQ

Investment

To Buy
£1050000 Freehold

Exeter, EX2 5TY

Investment

To Buy
£615000 Freehold

Exeter, EX1 2RJ

Investment