News

Huge Industrial Site Offers Unique Opportunity

One of the biggest industrial premises in Cornwall is on the market.

Of interest to food manufacturers and property developers, the high-profile site extends to more than 200,000 sq ft on 11 acres (4.4 hectares) and fronts the busy A30, just 45 minutes from Exeter and the M5 motorway.

The extensive food production and warehousing facility is located within Pennygillam Industrial Estate, Launceston, the pre-eminent estate in the area.

Chris Ryland, of Stratton Creber Commercial, says: “Currently fitted out for food uses, the site also has major break up potential. As such, it is an exciting opportunity for speculative property developers who may choose to divide the existing buildings into smaller units and build on the additional car park.

“We are expecting strong levels of interest.”

Constructed in three distinct phases, from the late 1990s through to post 2010, the buildings have been designed to run together as one facility.

The production areas benefit from access to large power supplies to run plant, including ovens and refrigerated areas. Offices and amenity space are arranged to the rear of the site.

Offers are sought in the region of £4.35million which reflects an extremely competitive rate of less than £22 per square foot (PSF).

Further information is available from the sole agents Chris Ryland at Stratton Creber Commercial on 01752 670700 (chrisryland@sccplymouth.co.uk) or Russell Crofts at Knight Frank on 0117 945 8814 (Russell.crofts@knightfrank.com).