Acquired for Clients – 2 Large Industrial Buildings in Newton Abbot totalling some 5,794 sq.m (62,368 sq.ft) on sites of approximately 2.75 Acres

Noon Roberts are delighted to confirm contracts have been completed on the sale of 2 of the largest Industrial buildings in Newton Abbot this year on the popular Brunel Road Industrial Estate, the prime Estate for the area.

Acting on behalf of 2 retained clients, Noon Roberts negotiated the purchase of 1 Brunel Road which was 2,657 sq.m (28,536 sq.ft) and 1 Minerva Way which was 3,137 sq.m (33,762 sq.ft) on sites of 0.46 ha (1.14 acres) and 0.65 ha (1.61 acres) respectively.  The premises were the local headquarters buildings of DB Glass and the Epwin Group.  JLL’s Exeter office acted on behalf of the vendors.

The premises were initially marketed on a leasehold basis until sales were agreed for both at a total value close to £4 millions pounds.  Tony Noon confirmed there is currently a significant shortage of large quality Industrial / Warehouse units in the Teignbridge area with supply at a record low, creating considerable demand when units do become available.  The sales were concluded off market and represent a significant investment in the Town and a sign of confidence in Teignbridge as an area to do business.

For further information, or if you would like to discuss your particular commercial property requirement or disposal, please contact Tony Noon on 01392 691007

 

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Testimonials

Re: –  Industrial Premises Newton Road Torquay

Many thanks.  Your assistance in finding a suitable tenant for these premises has been invaluable and we shall certainly be in touch again should we need further assistance here or elsewhere.

Mike Townsend FRICS FAAV MCIArb TEP
Director – RICS Registered Valuer
Savills

Re: – Retail Premises, Fore Street, Bovey Tracey

As you must know we have completed on the lease last week and I just wanted to drop you a quick line to thank you for your assistance and support along the way.

All down to me now to make it a success!

With all my best wishes,

Christine Rockell – Home Naturally

Re: – Unit 5a International House, Battle Road, Heathfield, Newton Abbot

Afternoon Tony. I can confirm that the lease has completed.

I am now in a position to thank you for all your hard work in finding me a great tenant for our property and for your assistance in helping me solve all the problems involved.

We will have no problems in using your services again and wish you all the best for the future.

Jerry Miller – Miller and Sons

Re: – King Street Dance Studios King Street Newton Abbot Devon
We are meeting the new tenants at the Studios tomorrow morning as they take up the new lease. So, again a big thanks to you. We were both extremely impressed with the speed with which you handled things and as soon as we receive your account, we will aim to be as speedy!!

Keith and Gaynor Walters