News

Exeter industrial site let

Acting on behalf of Exeter City Council, we recently offered a rare opportunity at Exeter’s Marsh Barton estate.

The site, at Cofton Road, comprises a basic building of 1,900 sq ft set on a site of half an acre which offers a large concrete-surfaced compound with secure fencing and gates.

The site has been let to Kelly Communications off an asking rent of £20,000 per annum.  Jonathan Ling at the Exeter office comments: “Marsh Barton has become increasingly intensively developed over the years, and opportunities to acquire sites with substantial open storage are rare.  This site attracted the interest of a range of businesses including plant hire, utilities companies, vehicle-related uses and scaffolding firms.  Demand for open storage sites is clearly very strong, and not all occupiers are keen to travel outside the city limits to more rural locations where open storage land is more frequently available.”