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Newton Abbot - Brunel: Substantial Office Investment comprising 2 Buildings let to Devon County Council and the NHS with 89 Car Parking Spaces with rental income of £273,665 pax

Offers in the region of £3,500,000

Size approx. 21097sq.ft. (1960sq.m.)


Key features

    • Modern Office Buildings with ample car parking
    • Well let to Devon County Council and the NHS
    • Sought after location
    • Secure well managed site
    • Initial yield of 7.34% after purchase costs

Description

The buildings are located in Collett Way on the much sought after Brunel Estate, the prime Business Park in Newton Abbot.  The premises are approximately 1 mile from Town Centre and yet just half a mile from the A380 Exeter to Torquay dual carriageway joining with the M5 Motorway at Exeter, which is approximately 15 miles distant.  Brunel is a mixed estate, with Collett way being mainly purpose built office buildings developed over the last 15 years.  Estuary House was constructed as a design and build for Devon County Council in 2010 by Millwood Homes Limited who also developed 3 other office buildings adjoining and a small industrial estate on the adjacent site.

Property Address

Estuary House and Bridge House, Collett Way, Brunel, Newton Abbot, Devon, TQ12 4PH  [Ref: 0060]

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