Pennygillam Industrial Estate | Pennygillam Way
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Pennygillam Industrial Estate Pennygillam Way
47,990 SF Vacant Industrial Building Launceston PL15 7ED $869,760 ($18/SF)
Investment Highlights
- Industrial development/investment.
- Redevelopment/change of use potential.
- 4No. Plots available with or without buildings (0.71 to 3.15 acres) - Different configurations possible
- Prominently located and Close to A30
Executive Summary
The freehold is available for sale from £700,000 for the freehold interest.
4No. plots available within a 3.15 acre site:
Plot 1 - Site Area - 2,876.70 sq.m. (30,965 sq.ft.) - 0.71 acres
Plot 2 - Site Area (including buildings) - 3,574.51 sq.m. (38,476 sq.ft.) - 0.88 acres
Plot 3 - Site Area (including buildings) - 3,317.85 sq.m. (35,713 sq.ft.) - 0.82 acres
Plot 4 - Site Area (including buildings) - 2,972.42 sq.m. (31,995 sq.ft.) - 0.73 acres
Please see attached brochure for further details
Martins Cash and Carry sits within an approximately 3.15 acre site (predominantly of concrete/tarmac/some unmade hardstanding) running parallel to Pennnygillam Way with numerous connected warehouses, a 2 storey office block and a cabin set within. The majority of the site is currently vacant although there is one tenant occupying the western end of the site on a three year contracted out lease. The site has significant development/refurbishment potential and could be suitable for various uses (subject to planning).
4No. plots available within a 3.15 acre site:
Plot 1 - Site Area - 2,876.70 sq.m. (30,965 sq.ft.) - 0.71 acres
Plot 2 - Site Area (including buildings) - 3,574.51 sq.m. (38,476 sq.ft.) - 0.88 acres
Plot 3 - Site Area (including buildings) - 3,317.85 sq.m. (35,713 sq.ft.) - 0.82 acres
Plot 4 - Site Area (including buildings) - 2,972.42 sq.m. (31,995 sq.ft.) - 0.73 acres
Please see attached brochure for further details
Martins Cash and Carry sits within an approximately 3.15 acre site (predominantly of concrete/tarmac/some unmade hardstanding) running parallel to Pennnygillam Way with numerous connected warehouses, a 2 storey office block and a cabin set within. The majority of the site is currently vacant although there is one tenant occupying the western end of the site on a three year contracted out lease. The site has significant development/refurbishment potential and could be suitable for various uses (subject to planning).
Property Facts
| Price | $869,760 | Building Class | B |
| Price Per SF | $18 | Lot Size | 3.15 AC |
| Sale Type | Investment | Rentable Building Area | 47,990 SF |
| Tenure | Freehold | No. Stories | 2 |
| Property Type | Industrial | Year Built | 1980 |
| Property Subtype | Warehouse | Parking Ratio | 1.13/1,000 SF |
| Price | $869,760 |
| Price Per SF | $18 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 3.15 AC |
| Rentable Building Area | 47,990 SF |
| No. Stories | 2 |
| Year Built | 1980 |
| Parking Ratio | 1.13/1,000 SF |
Amenities
- Energy Performance Rating - C
- Automatic Blinds
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
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Pennygillam Industrial Estate | Pennygillam Way
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