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For Sale

Brandon Hire Depot


9,557 Sq Ft (887.85 Sq M)
OIRO £440,000
Brandon Hire Depot, 4 Lister Close, Plympton, Plymouth, Devon, PL7 4BA
Current Brochure


Established popular location
Let to Brandons Hire Ltd until February 2030
Current passing rent of £27,500 per annum ex reflecting £2.88 psf overall
Low Capital Value of approx. £47.09 psf
Approx. 0.5 acre site
Guide price £440,000 reflecting a net yield of 5.99% after an allowance for purchase costs of 4.41%
Rare opportunity to buy an industrial investment in Plymouth/Plympton


The property consists of warehouse and workshop premises with a good sized secure concrete forecourt to the front and side. Incorporating trade counter and office accommodation accessed via servicing ramp and canopy for deliveries and logistics purposes. The main electric shutter door is located in the warehouse unit and measures approximately 4.5 m x 4.02 m.

There are a number of servicing buildings onsite which include washdown and preparation areas. In addition the property benefits from 3-phase power and a min eaves height of 2.88 m in the small rear workshop to 4.41 m in the main warehouse. Some has asbestos roof sheets.

The premises is currently occupied by Brandons Hire Ltd and utilised as a trade and storage depot that covers Plymouth and the surrounding urban conurbation.


Situated on the outskirts of Plymouth, the second largest city in the South West with good road and rail connections to Exeter and further south-west to Cornwall.

The property is located in Newnham Industrial Estate in Plympton, one of the Plymouth's premier industrial estates that serves the city and surrounding area. Within the estate the property is situated on Lister Close directly opposite Lister Close Business Park which benefits from a good mix of local and regional occupiers, New Leaf Landscaping and Fencing, FMG Repair Services and PBS Accounting are located in close proximity and national occupiers such as Roofbase, Bradford Building Supplies and Pirtek Hydraulics in the wider vicinity.


All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition).

Warehouse: 4,138 sq ft (384.45 sq m)
Workshop: 858 sq ft (79.69 sq m)
Front Offices: 808 sq ft (75.06 sq m)
Servicing Buildings: 2,757 sq ft (256.12 sq m)
Canopy: 996 sq ft (92.53 sq m)
Total: 9,557 sq ft (887.85 sq m)

Business Rates

To be advised in due course.


We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.


D (81)

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.


The property has been elected for VAT and therefore VAT will be charged on the price.

Agent Contacts