ERRILL RETAIL PARK. Plymouth, PL7 1SD. Retained Agent

Transcription

1 ERRILL RETAIL PARK Retained Agent

2 LOCATION ERRILL RETAIL PARK Key Points Plymouth is a major conurbation is south Devon, with a resident population of circa 27,000. The city benefits from excellent communication links with a circa 3 hour rail link with London and trunk road access via the A38 Devon Expressway. Errill Retail Park is located off the B3416 Plymouth Road, which links the Marsh Mills junction of the A38 with Plympton, north east of the city centre. Errill Retail Park comprises 3 separate buildings extending to circa sq ft with shared car parking areas (circa 282 spaces). The park is adjacent to a new Lidl store and is 1 mile east of Marsh Mills where occupiers include Homebase, DFS, B&M, Currys PC World, Oak Furnitureland, Halfords, Wickes, Next Home and Costa. Two new schemes are currently under development at Marsh Mills. Next are due to take a new major store at Marsh Mills Gateway and Plymouth Gateway Retail park will provide accommodation for Wren, Sofology, Tapi, Mothercare and KFC. Errill Retail Park will be completely refurbished with new roofs, elevations, shop fronts and re-laid car parking areas. In addition there will be new estate signage. The park benefits from a wide planning consent that includes food (in part) and non food. Alternative uses may be considered subject to planning. Units are available by way of new FRI leases, details upon request. The buildings are all capable if subdivision meaning that units are available from,000 30,000 sq ft ground floor. Due to restricted height, trading mezzanines may not be possible.

3 1A UNDER OFFER 1B UNDER OFFER SCHEME LAYOUT Unit Tenant Size (sq ft) 1A Under Offer 12,20 1B Under Offer 16,000 2A To Let,000 2B To Let,000 3 To Let 1,110 Plymouth Road (B3416) 2A TO LET 2B TO LET 3 TO LET

4 SCHEME IMAGERY

5 Clive Power T: E: Misrepresentation notice: Past performance is not a guide to future performance. The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not get back the amount originally invested. For funds that use derivatives, their use may be beneficial, however, they also involve specific risks. Property-based pooled vehicles, such as the Fund, invest in real property, the value of which is generally a matter of a valuer s opinion. It may be difficult to deal in the shares of the Fund or to sell them at a reasonable price because the underlying property may not be readily saleable, thus creating liquidity risk. Issued by Royal London Asset Management April Information correct at that date unless otherwise stated. Royal London Asset Management Limited, registered in England and Wales number ; Royal London Unit Trust Managers Limited, registered in England and Wales number RLUM Limited, registered in England and Wales number All of these companies are authorised and regulated by the Financial Conduct Authority. All of these companies are subsidiaries of The Royal London Mutual Insurance Society Limited, registered in England and Wales number Registered Office: Gracechurch Street, London, EC3V 0RL. The marketing brand also includes Royal London Asset Management Bond Funds Plc, an umbrella company with segregated liability between sub-funds, authorised and regulated by the Central Bank of Ireland,registered in Ireland number Registered office: 70 Sir John Rogerson s Quay, Dublin 2, Ireland. Ref: / June 2018 Designed and produced by THE GROUP