Unit 26 Devonshire Meadows Broadley Industrial Park

Devonshire Meadows is a modern industrial and mixed-use development, within a landscaped environment benefitting from a range of tenants.

Unit 26 comprises of 16 small office suites and 1 industrial unit. The units are accessed from a communal corridor which also provides access to the toilet and kitchen facilities.

Externally, there is allocated parking and circulation space within the landscaped grounds.

Plymouth is the second largest city on the South Coast of England and after Bristol, the largest in the Southwest with a resident population of 264,700. There are a further 100,000 in its travel-to-work area. The city has an economic output of £5.03 billion, 110,300 jobs and it plans to get bigger by growing its population and expanding its economy. Britain's Ocean City nestles in an Area of Outstanding Natural Beauty with the Dartmoor National Park to the North, whilst the natural harbour of Plymouth Sound creates the Southern Border with the Rivers Plym and Tamar on either side. Plymouth is renowned for its maritime history, which includes Drake and the Pilgrim Fathers. The Marine Industry Sector is extremely important in the city with 300 firms employing around 13,600 people. Plymouth University is one of the largest centres for marine excellence in Europe. Plymouth is also one of 8 freeport locations within the UK. For more information click here.

The City has excellent road connections with the A38 linking west to Cornwall and east to the national motorway network at Junction 31 of the M5 motorway at Exeter. Plymouth's mainline railway station provides regular services to London Paddington of just over three hours. There are also other direct services to Bristol, the Midlands, the North, Scotland and South Wales. Exeter Airport is approximately 50 miles away and Newquay Airport is approximately 45 miles away.
By Road:
Exeter - 45 miles (72 km)
Bristol - 120 miles (193 km)
London - 215 miles (346 km)

Devonshire Meadows is located to the north of the city, accessed via the A386 Tavistock Road which connects to the A38 at Mannadon.

Plans and floor areas have been provided by the landlord from management records. They are not to scale and for illustrative purposes only, interested parties are advised to confirm their accuracy themselves. Measurements are on a gross internal basis.

Kitchens: 7.5 sqm / 121 sq ft
Communal: 81.7sqm / 879 sq ft
Utilities: 47.2sqm / 508 sq ft
Cleaning: 0.6sqm / 6 sq ft
Toilets: 9.9sqm / 107 sq ft
Server: 3.5 sqm / 38 sq ft
Office / Industrial Space: 307.1 sqm/ 3,305 sq ft
Total: 461.13 sq m / 4,964 sq ft

The total gross income for Unit 26 is £46,970 pa, rising to £53,570 when Unit 11 is let. In the year 01/07/2023 to 30/06/2024 the Landlord incurred total costs of £25,931.09 and received £3,474.65 of credits resulting in a balance of £22,456.44 for services, utilities, cleaning internet, security etc. Of this expenditure £12,555.29 was considered one off capital improvements resulting in a net income of £37,069 pa.

Each of the units is individually assessed and the tenants are responsible for their payment.

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. We understand there is a gas pipe running across the raised turfed section to the north of the industrial units and there are associated rights in place- please see data pack for more details and title documents.

D (96)

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

The property is elected for VAT and therefore will be payable on the purchase price.