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Crimp Business Park 2 Industrial Properties Offered at $1,685,500 in Morwenstow


Investment Highlights
- Generating a gross income of approximately £110,000 per annum
- Extending to 3 Acres (1.225 Hectares) in total
- Comprising three industrial units with established tenants in situ and a fully occupied storage compound
- Significant expansion potential with existing infrastructure already in place
- Substantial four-bedroom house available by separate negotiation
Executive Summary
An opportunity to acquire a fully occupied freehold commercial investment extending to approximately 3 acres and occupying a prominent position with excellent access to the A39 Atlantic Highway and wider North Cornwall road network. The business park comprises three modern industrial units let to established businesses together with a fully occupied self-storage compound, producing a gross income of approximately £110,000 per annum. The property benefits from planning consent for uses within Class E(g), B2 (General Industrial) and B8 (Storage & Distribution).
A particular feature of the property is the significant expansion potential. The existing infrastructure and roadways are already in place to accommodate approximately 60 additional self-storage containers, offering scope to further increase income, subject to any necessary consents. In addition to the industrial units and storage compound, the site generates supplementary income from solar installations and ancillary parking.
A substantial four-bedroom detached residence is also available by separate negotiation. Previously let at £1,450 per calendar month (£17,400 per annum), offering additional income potential. Further details are available upon request.
A particular feature of the property is the significant expansion potential. The existing infrastructure and roadways are already in place to accommodate approximately 60 additional self-storage containers, offering scope to further increase income, subject to any necessary consents. In addition to the industrial units and storage compound, the site generates supplementary income from solar installations and ancillary parking.
A substantial four-bedroom detached residence is also available by separate negotiation. Previously let at £1,450 per calendar month (£17,400 per annum), offering additional income potential. Further details are available upon request.
Property Facts
| Price | $1,685,500 | Number of Properties | 2 |
| Price / SF | $150.98 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 11,164 SF |
| Status | Active | Total Land Area | 1.00 AC |
| Price | $1,685,500 |
| Price / SF | $150.98 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 11,164 SF |
| Total Land Area | 1.00 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Unit 1/1A
Morwenstow Rd, Morwenstow EX23 9PB |
Industrial | 6,746 SF | 2012 | - |
|
Crimp Business Park
2 Morwenstow, Morwenstow EX23 9PB |
Industrial | 4,418 SF | 2010 | - |
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Crimp Business Park
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