The self contained site has two entrances to Newnham Road and consists of two detached industrial / manufacturing buildings with a metal and timber truss frame construction.
The site is allocated for housing within the Plymouth & South Devon Joint Local Polan (2019) and is suitable for existing use or alternative use redevelopment, subject to necessary planning consents.
Location
Located on the western side of Newnham Industrial Estate, Plympton.
Plympton is an eastern suburb of Plymouth, and an established regional industrial destination form the wider Plymouth area.
The B3416, via Newnham Road and the B3417, provides access to the A38 Devon Expressway to the east and west, Plymouth City Centre thereafter to the west via the A374.
Accommodation
The property has been measured in accordance with the RICS Code of Measuring Practice (6th edition) as follows:
8 Newnham Road
Ground Floor – Warehouse & Baler House - 20,302 sq ft (1,886.1 sq m)
Ground Floor – Office - 1,454 sq ft (135.1 sq m)
First Floor – Office - 1,363 sq ft (126.7 sq m)
Mezzanine - 2,156 sq ft (200.3 sq m)
TOTAL - 25,275 sq ft (2,348.2 sq m)
10 Newnham Road
Ground Floor – Warehouse - 12,376 sq ft (1,149.7 sq m)
Ground Floor – Office - 499 sq ft (46.4 sq m)
First Floor – Office - 499 sq ft (46.4 sq m)
TOTAL - 13,374 sq ft (1,242.5 sq m)
TOTAL GIA - 38,649 sq ft (3,590.7 sq m)
TOTAL SITE AREA - 1.57 Acres (0.65 Ha)
Terms
Planning - The Property has been used for both manufacturing and storage purposes. Based on this, we would anticipate that the buildings are suitable for Class E (g) (iii) Light Industrial, Class B2 Industrial Processes and Class B8 Storage and Distribution purposes.
The Site is allocated for housing within the Plymouth & South Devon Joint Local Plan (2019).
Interested parties are advised to make their own enquiries with the Local Planning Authority in respect of the current permitted use and their proposed use.
Business Rates:
Description – Warehouse and Premises
Rateable Value – £90,500
Prospective occupiers are advised to make their own enquiries of the Local Rating Authority of Plymouth City Council for further information.
Services - We understand that mains services are provided to the property and include water, drainage, gas and electricity.
Tenure - The property is held under two separate Freehold titles, under Title Numbers DN22409 and DN356959.
The property is available to purchase as a whole on a Freehold basis.
Energy Performance - The Properties have been given an Energy Performance Certificate (EPC) Ratings of E-123 (8 Newnham Road) and C-63 (10 Newnham Road).
Full EPCs are available upon request.
Price - Available upon application.
Legal Costs - Each party is to bear their own legal, surveyors or other costs incurred in any transaction.
Anti-Money Laundering - The successful purchaser will be required to provide the usual information to satisfy the statutory AML requirements when Heads of Terms are agreed.
Data Room - Access to the data room is available on request.
VAT - All figures are quoted exclusive of VAT.
Specification
- EAVES HEIGHTS UP TO 5M
- 4 GROUND LEVEL LOADING DOORS ACROSS BOTH BUILDINGS
- ASBESTOS SHEET ROOF COVERINGS WITH CIRCA 10% TRANSLUCENT ROOF PANELS
- DEDICATED PARKING AND CONCRETE LOADING APRON / YARD
- POWER SUPPLY OF 200 KVA
- LED LIGHTING THROUGHOUT
- INTEGRAL FITTED TWO STOREY OFFICES
- SECURE SELF-CONTAINED SITE