Pennygillam Way - Pennygillam Industrial Estate 10,628 - 30,965 SF Industrial Condo Units Offered at $1,289,991 - $1,474,275 CAD Per Unit in Launceston PL15 7ED

PROPERTY FACTS

Price $1,289,991 - $1,474,275 CAD
Unit Size 10,628 - 30,965 SF
No. Units 4
Total Building Size 47,990 SF
Property Type Industrial
Property Subtype Warehouse
Building Class B
Floors 2
Typical Floor Size 40,956 SF
Year Built 1980
Lot Size 3.15 AC
Parking Ratio 1.13/1,000 SF

4 UNITS AVAILABLE

Unit Plot 1

Unit Size 30,965 SF
Price $1,289,991 CAD
Price Per SF $41.66 CAD
Condo Use Industrial
Sale Type Investment or Owner User
Tenure Freehold
DESCRIPTION

Martins Cash & Carry is accessible from 4.No. vehicular entrances off Pennygillam Way, which is the primary road through the estate with a busy flow of passing
traffic. The site is mostly vacant although British Wool occupy Well Warehouse to the west on a contracted out 3 year lease which commenced on the 1st of May
2024 (see the previous and the next page for details). The warehouse buildings are generally of steel frame and concrete block wall construction with asbestos
cement sheet roof and wall cladding (some wall faces are rendered). The office building is clad in red brick. Site plans and indicative floor plans are available upon
request or can be downloaded from our website. An asbestos survey is available upon request.

SALE NOTES

The entire freehold is available for sale or with the option to be purchased in separate plots. Plot 1 is available for purchase with a guide price of £700,000.

Unit Plot 2

Unit Size 10,628 SF
Price $1,474,275 CAD
Price Per SF $138.72 CAD
Condo Use Industrial
Sale Type Investment or Owner User
Tenure Freehold
DESCRIPTION

Martins Cash & Carry is accessible from 4.No. vehicular entrances off Pennygillam Way, which is the primary road through the estate with a busy flow of passing
traffic. The site is mostly vacant although British Wool occupy Well Warehouse to the west on a contracted out 3 year lease which commenced on the 1st of May
2024 (see the previous and the next page for details). The warehouse buildings are generally of steel frame and concrete block wall construction with asbestos
cement sheet roof and wall cladding (some wall faces are rendered). The office building is clad in red brick. Site plans and indicative floor plans are available upon
request or can be downloaded from our website. An asbestos survey is available upon request.

SALE NOTES

The entire freehold is available for sale or with the option to be purchased in separate plots. Plot 2 is available for purchase with a guide price of £800,000.

Unit Plot 3

Unit Size 25,535 SF
Price $1,289,991 CAD
Price Per SF $50.52 CAD
Condo Use Industrial
Sale Type Investment or Owner User
Tenure Freehold
DESCRIPTION

Martins Cash & Carry is accessible from 4.No. vehicular entrances off Pennygillam Way, which is the primary road through the estate with a busy flow of passing
traffic. The site is mostly vacant although British Wool occupy Well Warehouse to the west on a contracted out 3 year lease which commenced on the 1st of May
2024 (see the previous and the next page for details). The warehouse buildings are generally of steel frame and concrete block wall construction with asbestos
cement sheet roof and wall cladding (some wall faces are rendered). The office building is clad in red brick. Site plans and indicative floor plans are available upon
request or can be downloaded from our website. An asbestos survey is available upon request.

SALE NOTES

The entire freehold is available for sale or with the option to be purchased in separate plots. Plot 3 is available for purchase with a guide price of £700,000.

Unit Plot 4

Unit Size 11,827 SF
Price $1,382,133 CAD
Price Per SF $116.86 CAD
Condo Use Industrial
Sale Type Investment or Owner User
Tenure Freehold
DESCRIPTION

Martins Cash & Carry is accessible from 4.No. vehicular entrances off Pennygillam Way, which is the primary road through the estate with a busy flow of passing
traffic. The site is mostly vacant although British Wool occupy Well Warehouse to the west on a contracted out 3 year lease which commenced on the 1st of May
2024 (see the previous and the next page for details). The warehouse buildings are generally of steel frame and concrete block wall construction with asbestos
cement sheet roof and wall cladding (some wall faces are rendered). The office building is clad in red brick. Site plans and indicative floor plans are available upon
request or can be downloaded from our website. An asbestos survey is available upon request.

SALE NOTES

The entire freehold is available for sale or with the option to be purchased in separate plots. Plot 4 is available for purchase with a guide price of £750,000.

AMENITIES

  • Energy Performance Rating - C
  • Automatic Blinds

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
  • Listing ID: 33529776

  • Date on Market: 2024-10-16

  • Last Updated:

  • Address: Pennygillam Way, Launceston PL15 7ED