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Offers in Excess of£3,495,000

The Old Quarry, Caton, Ashburton, Devon

Land size
0.8 acres

Key Features

  • Multi-let industrial and storage investment extending to approximately 2.87 acres in a strategic South Devon location.
  • Well-connected position with direct access to the A38 Devon Expressway, linking Exeter, the M5 and Plymouth.
  • Approximately 35,000 sq ft of warehousing, offices and open storage, built to a modern industrial specification.
  • Diversified tenant base across industrial, logistics and office occupiers, spreading covenant risk.
  • Passing rent roll of £216,936 per annum (excluding income from the storage container site) with asset management and reversionary upside potential.
  • Freehold opportunity with secure income, attractive lot size quoting £3.495 million.
  • A purchase at this level would reflect a net initial yield of 7.25% on the multi-let estate, apportioning £695,000 to the 0.75-acre container site.

Description

INVESTMENT SALE - The property is well located, offering convenient and direct access to the A38 Devon Expressway, located approximately 3 miles to the south.

The property comprises approx 2.87 acres of warehousing, office and open storage. At the entrance to the site is a container storage site extending to approximately 0.75 acres of gravel hard standing, accessed via a secure gated entrance and includes around 90 storage containers.

The main industrial estate benefits from a number of high quality units.

Map Location

Property details

Tenure
Freehold
Council Tax Band
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Date Posted
2026-07-17

Utilities & Restrictions

Utilities

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Rights & Restrictions

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Property Features

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Contact Alder King LLP, Exeter

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