Kingfisher Warehouse

The property comprises a well-presented detached warehouse, separate office block and circulation and parking space. The specification includes:

High eaves of approx 7.5m minimum
Portal frame construction with profile sheet cladding to the elevations
Excellent warehouse space
Loading canopies and roller doors
Detached brick office building providing offices, welfare facilities and kitchen
Car parking, loading and circulation space
Mix of palisade, chain-link and natural boundaries to the site

Tenure and Tenancies:

The property is held on freehold titles DN321280 and DN210940.

The property is subject to a lease of 10 years from 2017 expiring 21st June 2027, to Kingfisher International Products Limited (company number: 09861549).
The property is currently let for £88,285 pax on a lease subject to a Schedule of Condition.


Tenant Covenant:

The company was incorporated in 2015 and is a wholly owned subsidiary of Kingfisher PLC. Kingfisher International Products Limited, operates as an offer and procurement company on behalf of the Kingfisher PLC group of companies. The profit after tax for year ended 31 January 2024, showed £43,742; an increase from
the 2023 figure of £32,928. The company have been in occupation since 2017.

The property is situated on Marsh Barton Industrial Estate which is located approximately 2 miles south of Exeter city centre.
The unit is positioned on Hennock Road Central, close to its junction with Alphin Brook Road. Marsh Barton leads to Alphington Road and to the A30 which connects to the M5 nearby.

Marsh Barton is the largest trading estate in Exeter, covering over 1.2 square miles (3.1 km2).
It supports over 500 diverse businesses including one of Europe's largest motoring centres, showrooms, trade counters, builders' merchants, tool and plant hire.

All areas are approximate and measured in accordance with the RICS Code of Measuring Practice on a gross/net internal basis.

This site is approximately 0.33 hectares (0.83 acres)

Approx 1,423 sqm (15,413 sq ft) overall comprising: -
Main warehouse 1,024.67 sq m (11,027 sq ft)
Canopies 283.79 sq m (3,055 sq ft) and 28.00 sq m (301 sq ft)
Self-contained offices 86.42 sq m (930 sq ft)

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.

C (74) warehouse building
D (86) office building

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

All figures quoted are exclusive of VAT.