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Ernesettle Ln - Plot A 6.1 Acres of Industrial Land Offered at £2,400,000 in Plymouth PL5 2TT
Investment Highlights
- FREEHOLD Land with services and Planning Consent for B1/B2/B8 development
- Nearby occupiers include Kawasaki Precision, Vi-Spring Beds, Gregory Distribution & WSS (storage)
- Ernesettle Lane has its own junction directly off the A38 Dual carriageway
Executive Summary
The property is for sale freehold. Unconditional offers are sought in excess of £2.4m, subject to contract. Conditional offers will also be considered.
The site is partly constrained by an MOD blast zone, which may affect the design and specification of any buildings. Alternative designs and replanning the site to offer a variant on the mix of units within the scheme creating a diverse range of buildings for lease and sale.
The site is considered suitable for employment use falling within Classes B1, B2 or B8 and part of the site has consent for open storage. The Local Planning Authority is determined that the site is not suitable for residential development. Planning consent was granted in 2017 (17/01315/S73M) for 36 no. B2/B8 units and open storage units and outline consent was granted in 2015 for 7,432m² of industrial/warehouse buildings. Ecology and ground investigations have been carried out, along with noise impact assessments.
The site is partly constrained by an MOD blast zone, which may affect the design and specification of any buildings. Alternative designs and replanning the site to offer a variant on the mix of units within the scheme creating a diverse range of buildings for lease and sale.
The site is considered suitable for employment use falling within Classes B1, B2 or B8 and part of the site has consent for open storage. The Local Planning Authority is determined that the site is not suitable for residential development. Planning consent was granted in 2017 (17/01315/S73M) for 36 no. B2/B8 units and open storage units and outline consent was granted in 2015 for 7,432m² of industrial/warehouse buildings. Ecology and ground investigations have been carried out, along with noise impact assessments.
Property Facts
| Price | £2,400,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Industrial |
| Tenure | Freehold | Proposed Use | Industrial |
| No. Plots | 1 | Total Plot Size | 6.10 ac |
| Price | £2,400,000 |
| Sale Type | Investment |
| Tenure | Freehold |
| No. Plots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Industrial |
| Total Plot Size | 6.10 ac |
1 Plot Available
Plot
| Price | £2,400,000 | Total Plot Size | 6.10 ac |
| Price Per ac | £393,442.62 |
| Price | £2,400,000 |
| Price Per ac | £393,442.62 |
| Total Plot Size | 6.10 ac |
A fenced, brown-field site with shared use of a dual carriageway access road. The site is reasonably level with a gentle slope to the north.
Description
A fenced, brown-field site (previously accommodated a small secondary school), with shared use of a dual carriageway access road. The site is reasonably level with a gentle slope to the north.
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Ernesettle Ln - Plot A
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