Burrington Way
Plymouth PL5 3LZ
Eurotech Park · Industrial Property For Sale · 31,400 SF
INVESTMENT HIGHLIGHTS
- New modern industrial units
- Car parking spaces allocated
- EPC B 32
- Incorporates latest cladding technology with industry-leading thermal-efficiency, fire stability and durability
- Geographical centre of Plymouth
EXECUTIVE SUMMARY
New mid-terraced business unit with 7m eaves, full-height electrically-operated roller shutter door and the latest cladding technology with industry-leading thermal-efficiency, fire safety and durability. Fitted with WC & staff welfare. Externally the unit has two allocated car parking spaces plus loading area. There is shared bicycle parking on-site and access to outdoor rest and picnic areas. Eurotech Park is just to the north of Plymouth city centre and is perfectly placed for access to the whole city, less than a mile from the A386 Manadon junction with the A38 (M5) Devon Expressway.
PROPERTY FACTS
| Unit Size | 1,000 - 2,297 SF |
| No. Units | 3 |
| Total Building Size | 31,400 SF |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 15,200 SF |
| Year Built | 2021 |
| Lot Size | 0.42 AC |
| Parking Ratio | 1.57/1,000 SF |
3 UNITS AVAILABLE
Unit 22
| Unit Size | 1,000 SF |
| Condo Use | Industrial |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Cap Rate | 4.78% |
| NOI | $12,425.39 |
| No. Parking Spaces | 2 |
DESCRIPTION
New mid-terraced business unit with 7m eaves, full-height electrically-operated roller shutter door and the latest cladding technology with industry-leading thermal-efficiency, fire safety and durability. Fitted with WC & staff welfare. Externally the unit has two allocated car parking spaces plus loading area. There is shared bicycle parking on-site and access to outdoor rest and picnic areas.
SALE NOTES
The property is held on a 999-year lease from Feb 2022 at peppercorn ground rent. It is occupied under a conventional tenant’s FR&I lease for a term of 6 years from 13th June 2022 (tenant-only break at 13.06.25) at a rent of £13,000pa, subject to rent review in June 2025. A small estate charge is levied for the upkeep of external and communal parts (2021: £780) and re-charged to the tenant. The property is FOR SALE at a price of £199,950 + VAT, reflecting an initial yield of 4.78%, after purchase costs of 2.77%.
22 Eurotech - Internal space
22 Eurotech - Internal space
22 Eurotech - Internal space
Unit 17
| Unit Size | 1,000 SF |
| Condo Use | Industrial |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| No. Parking Spaces | 2 |
DESCRIPTION
New mid-terraced business unit with 7m eaves, full-height electrically-operated roller shutter door and the latest cladding technology with industry-leading thermal-efficiency, fire safety and durability. Fitted with WC & staff welfare.
SALE NOTES
The property is held on a 999-year lease from Feb 2022 at
peppercorn ground rent. It is occupied under a conventional tenant’s FR&I lease for a term of 6 years from 13th June 2022 (tenant-only break at 13.06.25) at a rent of £13,000pa, subject to rent review in June 2025
Unit 9
| Unit Size | 2,297 SF |
| Condo Use | Industrial |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| No. Parking Spaces | 6 |
DESCRIPTION
End terrace hybrid industrial unit, with full mezzanine, full height electrically operated roller shutter door and the latest cladding technology with industry-leading thermal-efficiency, fire safety and durability. Internally, there is a ground floor entrance foyer with stairs to first floor, corridor leading through to internal meeting room, Pair of WC's and a shower room. The workshop is fire boarded and offers understairs storage. First floor open plan mezzanine with full kitchen giving a 'defurb' industrial style, a pair of offices with curtain glazed walls look onto the mezzanine, suspended ceilings with LED lighting.
Accommodation:
Ground floor - 1,127 SQ FT
First floor - 1,170 SQ FT
SALE NOTES
The property is vacant and held on the remains of a 999-year lease from 2021 at peppercorn ground rent. The property is FOR SALE at a guide price of £325,000 + VAT.
+12 More
9 Eurotech - Internal space
9 Eurotech - Internal space
9 Eurotech - Internal space
9 Eurotech - Internal space
9 Eurotech - Internal space
9 Eurotech - Internal space
9 Eurotech - Internal space
9 Eurotech - Internal space
9 Eurotech - Internal space
9 Eurotech - Internal space
9 Eurotech - Internal space
9 Eurotech - Internal space
9 Eurotech - Internal space
9 Eurotech - Internal space
9 Eurotech - Internal space
9 Eurotech - Internal space
9 Eurotech - Floor Plan
