£680,000

(£71.98/sq. ft)

Industrial for sale
Unit 4 East Way, Lee Mill Industrial Estate, Ivybridge, Devon PL21

    • 9,447 sq. ft

Added on 01/07/2025

About this property

  • Freehold industrial unit

  • Roller shutter door

  • Forecourt parking

  • Office/reception area

  • Prominent position on Lee Mill Industrial Estate

  • £680,000

The property comprises of an industrial unit with roller shutter access to the front. There are two mezzanines at either end of the building, providing additional storage space. To the front of the property there is an office/reception area and toilet facilities. The tenant's have also added a conservatory structure which provides a kitchen/breakout area. To the front of the property there is parking and loading space.

Location

Lee Mill Industrial Estate is located near Ivybridge in Devon. It has convenient access to the A38, which serves as a major route connecting the M5 motorway (near Exeter) to the city of Plymouth and Cornwall beyond.

The property is located on East Way which is accessed from Central Avenue, one of the main estate roads.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a gross internal basis.

Ground floor - 683.2 sq m (7,354 sq ft)
Mezzanines - 194.4 sq m (2,092 sq ft)

Total - 877.6 sq m (9,447 sq ft)

Rent / Price

£680,000.

Business Rates

From the Valuation Office Agency website () we understand that the current Rateable Value is £47,000. Therefore making the approximate Rates Payable £20,304 per annum for 2026/27.

Interested parties are advised to confirm the rating liability with South Hams District Council.

Services

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC

E (116)

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

The property is not registered for VAT and therefore VAT is not chargeable on the price.

Mortgage calculator

Monthly repayment

£3,401 per month

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