Fraud Blocker

Marsh Lane, Lords Meadow Industrial Estate, EX17

Property Summary

A prominent commercial property (0.8 acres and over 11,500 of internal floor space) in the heart of the busy trading estate. Retail, showroom and workshop/stores plus large parking and yards with further potential. This is also available in separate lots.
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Full Details

Due to a change in operational needs and a relocation, this prominent site is being offered for sale - a rare chance to purchase a sizeable plot with existing buildings and further potential on one of the most well-travelled roads on the estate. It’s been operated as a builders’/DIY merchants for several decades and a change in direction/relocation is leading to the property coming to the market.

In total the site contains approx. 1078 sqm (11,600sqft) of floor space (including the first floor of the main building) and has a total plot area of approx. 0.8 acres. For those looking to purchase the whole site, there is great road frontage with customer parking and a central road provides access through to further parking and loading areas. There is further potential at the top/back of the site (Remaining Yard) where there is room for further units (subject to planning).

The Main Building

This is the main building and has been used for retail, showroom use and with a workshop to one end. The building itself overall is approx. 700 sqm (7532sqft) over two floors. The ground floor is set up as private offices and then open retail/showroom space and a separate workshop. The first floor is further retail/showroom space over the whole length of the building. It would suit a range of uses and could potentially be sectioned off to suit individual needs. There is also further parking at the far end.

Office and Stores

Another group of buildings with road frontage and customer parking at the front. Totaling approx. 378sqm (4067sqft) this lot also contains a front office area and then two large single floor units of approx. 144sqm (1550sqft) each. Perfect for workshops or stores and easy access with high eaves and large access doors.

Remaining Yard

Outdoor yard storage and parking plus the potential to create further units (subject to planning) should it be desired. There is an old shed on part of the site and the ground has been somewhat levelled with access in place as this was initially a long-term plan to further develop this area.

Agents note: As one would expect, adding planning permissions or more buildings to the property would increase the value so the seller is looking for unconditional purchases only, not subject to planning deals.

The property is also available in two separate lots - please check out the other listings for details.

Rateable value: £37,750
Utilities: Mains water, electric, gas, telephone & broadband (up to 67mb)
Drainage: Mains drainage
Listed: No
Tenure: Freehold

DIRECTIONS : If entering Lords Meadow from the Tesco roundabout, proceed up the link road and over the hill, as you descend, the property will be found on the left hand side.
If entering Lords Meadow from Crediton town side, proceed past the leisure centre and head up the hill, the property will be found on the right hand side.

CREDITON : An ancient market town, with a contemporary feel – only a short, 20-minute drive NW from the city of Exeter. Set in the Vale of the River Creedy, amongst gentle, rolling hills and verdant pastures. Sincerely picture postcard. Once the capital of Devon, Crediton is famed for its inspiring sandstone church and for being the birthplace of Saint Boniface in 680 AD. Its high street is a vibrant place, abuzz with trade –artisan coffee shops, roaring pubs, a farmers’ market and bakeries, jam-packed with mouthwatering delights. For those commuting it has hassle free transport links into Exeter and for schooling a prestigious community college (Queen Elizabeth’s) – with an Ofsted “outstanding” sixth form. In addition, it boasts a brilliant gym & leisure centre for New Year’s resolutions, two supermarkets for the weekly shop and a trading estate for any practical needs. All neatly held in a single valley.

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