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Pennygillam Industrial Estate Pennygillam Way 47,990 SF Vacant Industrial Building Launceston PL15 7ED $2,098,517 ($43.73/SF)

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INVESTMENT HIGHLIGHTS

  • Industrial development/investment.
  • Prominently located and Close to A30
  • Redevelopment/change of use potential.

EXECUTIVE SUMMARY

The freehold is available for sale from £625,000 for the freehold interest.
2No. remaining plots available within a 1.88 acre site:
Plot 2 - Site Area (including buildings) - 4,608.42 sq.m. (49,605 sq.ft.) - 1.14 acres
Plot 3 - Site Area (including buildings) - 3,019.21 sq.m. (32,499 sq.ft.) - 0.75 acres
Please see attached brochure for further details
Approximately 1.88 acre (site and buildings) running parallel to Pennnygillam Way with numerous connected warehouses, a 2 storey
office block and a cabin set within. The remainder of the site is currently vacant. Plots 1 and 4 at either end of the site are sold
subject to contract. There will be new entrances installed at each end of the site to replace those that will be lost in the sales of
Plot 1 and 4 (plans available upon request). The site has significant development/refurbishment potential and could be suitable for various uses (subject to planning).

PROPERTY FACTS

Price $2,098,517
Price Per SF $43.73
Sale Type Investment
Tenure Freehold
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 1.88 AC
Rentable Building Area 47,990 SF
No. Stories 2
Year Built 1980

AMENITIES

  • Energy Performance Rating - C
  • Automatic Blinds
  • Listing ID: 26046170

  • Date on Market: 6/29/2022

  • Last Updated:

  • Address: Pennygillam Way, Launceston PL15 7ED

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