DEVONSHIRE RETAIL PARK, BRIXHAM ROAD, PAIGNTON, TORBAY, TQ4 7BE

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Geraldine George
5 years ago
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1 DEVONSHIRE RETAIL PARK, BRIXHAM ROAD, PAIGNTON, TORBAY, TQ4 7BE

2 79,300 SQ FT OF NEW RETAIL SPACE 1:234 CAR PARK RATIO 101,652 POPULATION WITHIN A 15 MIN DRIVE TIME Over 1,500 NEW HOMES BEING BUILT

Communications to the town have been significantly improved through the opening of the Newton Abbot link road giving dual carriageway (A380) access to the main A38.

3 LOCATION Paignton is part of the wider Torbay Conurbation area situated on Devon s south coast, alongside Torquay and Brixham. The catchment also includes the South Hams area, including Dartmouth, Salcombe and Ivybridge. Communications to the town have been significantly improved through the opening of the Newton Abbot link road giving dual carriageway (A380) access to the main A38. This provides direct access to the rest of Devon and the South West, and to the M5 Motorway (J31) 20 miles to the north. DESCRIPTION Devonshire Retail Park will be a brand new retail scheme, comprising of five well-configured modern A1 retail warehouse units and a A5 coffee pod. Providing a total accommodation of 79,300 sq ft. Units one to five provide the option of a mezzanine floor. The customer car park, located at the front of the units, provides spaces for 339 cars, including 20 disabled spaces. This gives a car parking ratio of 1:234 sq ft. All servicing is to the rear of the units, accessed off a separate entrance. The development is located on a prominent location with a frontage to the junction of the main Torbay Distributor Road (A3022), Brixham Road and Long Road. It is situated adjacent to the expanding South Devon College, Premier Inn and in close proximity to Aldi, Sainsbury s and Asda. Over 1,500 new homes are being built on this and the surrounding site. The Premier Inn opposite is being expanded with construction underway. The site will form the nucleus for the area providing a range of retail facilities in what is the major area of expansion for the Torbay area as a whole. DEMOGRAPHICS Torbay benefits from a total population of circa 130,000. Experian shows the total population within a 15 minute drive time of the scheme to be c. 102,000. Of these c. 46,000 live within the 10 minute drive time catchment. Location Plan, Promap

PLANNING Wide Bulky Goods TENURE The property is available by way of a Full Repairing and Insuring lease for a term to be agreed. Rent upon application.

4 PLANNING Wide Bulky Goods TENURE The property is available by way of a Full Repairing and Insuring lease for a term to be agreed. Rent upon application. LEGAL COSTS Each party is to be responsible for its own legal and professional fees in connection with this transaction. VAT All figures quoted are exclusive of value added tax, which is to be charged at the prevailing rate. TERMS Upon application. Outline development

5 DEVONSHIRE RETAIL PARK ASDA SAINSBURY S ALDI PREMIER INN EMPLOPYMENT 1 TORBAY BUSINESS PARK 2 2 WESTFIELD BUSINESS PARK 1 SOUTH DEVON COLLEGE OpenStreetMap contributors

6 Unit 2 Unit 3 Unit 4 Unit 5 UNIT RETAILER SIZE (SQ FT) 1 The Range 40,000 Let To Let Under Offer 2 To Let 10,000 3 To Let 10,000 4 Under Offer 6,000 5/6 Under Offer 11,505 7 Costa 1,800

FURTHER INFORMATION For further information and viewings please contact sole agents, Colliers International :- Laurence Edwards 020 7487 1870 07771 820051 Laurence.Edwards@colliers.

7 FURTHER INFORMATION For further information and viewings please contact sole agents, Colliers International :- Laurence Edwards Disclaimer Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person employed or engaged by Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. October 2017 Colliers International is the licensed trading name of Colliers International Property Advisers UK LLP (a limited liability partnership registered in England and Wales with registered number OC385143) and its subsidiary companies, the full list of which can be found on Our registered office is at 50 George Street, London W1U

Development Opportunity

> HOME Development Opportunity For Sale 9.7 acres (3.92 hectares) Suitable for a variety of uses subject to planning THE SITE WARRINGTON ROAD JUNCTION 25, M6 > Description The site has a main road frontage