Pennygillam Industrial Estate Pennygillam Way 47,990 SF Vacant Industrial Building Launceston PL15 7ED $4,616,911 CAD ($96.21 CAD/SF)



INVESTMENT HIGHLIGHTS
- Industrial development/investment.
- Redevelopment/change of use potential.
- 4No. Plots available with or without buildings (0.71 to 3.15 acres) - Different configurations possible
- Prominently located and Close to A30
EXECUTIVE SUMMARY
The freehold is available for sale from £700,000 for the freehold interest.
4No. plots available within a 3.15 acre site:
Plot 1 - Site Area - 2,876.70 sq.m. (30,965 sq.ft.) - 0.71 acres
Plot 2 - Site Area (including buildings) - 3,574.51 sq.m. (38,476 sq.ft.) - 0.88 acres
Plot 3 - Site Area (including buildings) - 3,317.85 sq.m. (35,713 sq.ft.) - 0.82 acres
Plot 4 - Site Area (including buildings) - 2,972.42 sq.m. (31,995 sq.ft.) - 0.73 acres
Please see attached brochure for further details
Martins Cash and Carry sits within an approximately 3.15 acre site (predominantly of concrete/tarmac/some unmade hardstanding) running parallel to Pennnygillam Way with numerous connected warehouses, a 2 storey office block and a cabin set within. The majority of the site is currently vacant although there is one tenant occupying the western end of the site on a three year contracted out lease. The site has significant development/refurbishment potential and could be suitable for various uses (subject to planning).
4No. plots available within a 3.15 acre site:
Plot 1 - Site Area - 2,876.70 sq.m. (30,965 sq.ft.) - 0.71 acres
Plot 2 - Site Area (including buildings) - 3,574.51 sq.m. (38,476 sq.ft.) - 0.88 acres
Plot 3 - Site Area (including buildings) - 3,317.85 sq.m. (35,713 sq.ft.) - 0.82 acres
Plot 4 - Site Area (including buildings) - 2,972.42 sq.m. (31,995 sq.ft.) - 0.73 acres
Please see attached brochure for further details
Martins Cash and Carry sits within an approximately 3.15 acre site (predominantly of concrete/tarmac/some unmade hardstanding) running parallel to Pennnygillam Way with numerous connected warehouses, a 2 storey office block and a cabin set within. The majority of the site is currently vacant although there is one tenant occupying the western end of the site on a three year contracted out lease. The site has significant development/refurbishment potential and could be suitable for various uses (subject to planning).
PROPERTY FACTS
Price | $4,616,911 CAD |
Price Per SF | $96.21 CAD |
Sale Type | Investment |
Tenure | Freehold |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | B |
Lot Size | 3.15 AC |
Rentable Building Area | 47,990 SF |
No. Stories | 2 |
Year Built | 1980 |
Parking Ratio | 1.13/1,000 SF |
AMENITIES
- Energy Performance Rating - C
- Automatic Blinds
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating