Eden House 1-7 Forge Ln 35,880 SF 100% Leased Industrial Building Saltash PL12 6LX $3,945,035 ($109.95/SF)

The property comprises a triple portal frame industrial unit, together with yard space and parking, currently divided into three units and serviced offices. The building is of steel portal frame construction with block walls and profile steel cladding under a profile steel roof, incorporating translucent daylight panels. The site comprises approximately 3.1 acres / 1.25 hectares of mostly concrete-surfaced hard-standing with some rolled hardcore areas and a fenced, secure compound. The site is further secured with a controlled access gate and CCTV.
The property is held freehold in 3 titles and is for sale subject to some existing tenancies, currently producing £269,000pa. Full vacant possession is possible, subject to surrender/forfeit. Some of the external site is let as short-term storage for cars/vans/caravans. Transfer of the property as a going concern will be considered. Offers in excess of £2,950,000 are invited for the freehold interest. The property is elected for the payment of VAT (TOGC available). Each party will be responsible for its own legal costs.
Plymouth is the largest city on the south coast of England, with a resident population of 250,000. Saltash forms the western part of the Plymouth conurbation and lies approximately 10 miles from the City centre and railway station, across the River Tamar. Forge Lane is the original part of the Saltash Parkway Industrial Estate, which has seen development of a number of high-quality warehouses, industrial units and motor dealerships. In addition, a new retail park has recently opened, providing a Costa, McDonalds and Home Bargains, among others, next to Lidl. Eden House occupies a prominent visible position just off the A38, so good access is available to the dual carriageway, which links to the M5 motorway at Exeter, 50 miles to the east and to the rest of Cornwall. Nearby occupiers include: Austen Knapman, Roger Young JLR, Williams Crawford, Selwood pump hire, Appleby Westward and Jolly’s Drinks.