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Dolbeare Meadow
Ashburton TQ13 7LF
Retail Property For Sale
Investment Highlights
- Prime roadside investment extending to approximately 1.06 acres (0.429 hectares).
- Fully let (AFL’s) to established covenants, including Co-op (15-year lease), Starbucks (15-year lease) and IONITY (30-year lease).
- Offers invited in the region of £3,800,000, representing 5.55% NIY on a forward commitment basis.
- Offers are invited in excess of £2,300,000, reflecting a 5.75% NIY, for the Starbucks and EV charging.
- Benefiting from significant exposure to high traffic volumes, with approximately 48,000 daily vehicle movements.
- Total rent roll of £224,500 per annum.
- Offers are invited in excess of £1,500,000, reflecting a 5.50% NIY, for the Co-operative.
Property Facts
Property Type
Retail
Property Size
70,000 sq ft
Costar Property Class
B
Construction Status
Proposed
Tenancy
Multiple
Number of Floors
2
Parking
24 Spaces (0.34 Spaces per 1,000 sq ft Leased)
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