DEVONSHIRE RETAIL PARK, BRIXHAM ROAD, PAIGNTON, … · devonshire retail park, brixham road,...

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

Transcript of DEVONSHIRE RETAIL PARK, BRIXHAM ROAD, PAIGNTON, … · devonshire retail park, brixham road,...

Page 1: DEVONSHIRE RETAIL PARK, BRIXHAM ROAD, PAIGNTON, … · devonshire retail park, brixham road, paignton, torbay, tq4 7be . devonshire retail park, long road, paignton, torbay 79,300

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

Page 2: DEVONSHIRE RETAIL PARK, BRIXHAM ROAD, PAIGNTON, … · devonshire retail park, brixham road, paignton, torbay, tq4 7be . devonshire retail park, long road, paignton, torbay 79,300

DEVONSHIRE RETAIL PARK, LONG ROAD, PAIGNTON, TORBAY

79,300 SQ FT OF NEW RETAIL SPACE

1:234 CAR PARK

RATIO

101,652POPULATION WITHIN A 15 MIN DRIVE

TIME

Over 1,500NEW HOMES BEING BUILT

Page 3: DEVONSHIRE RETAIL PARK, BRIXHAM ROAD, PAIGNTON, … · devonshire retail park, brixham road, paignton, torbay, tq4 7be . devonshire retail park, long road, paignton, torbay 79,300

LOCATION

Paignton is part of the wider Torbay Conurbation area situated on Devon’ssouth coast, alongside Torquay and Brixham. The catchment also includes theSouth Hams area, including Dartmouth, Salcombe and Ivybridge.

Communications to the town have been significantly improved through theopening of the Newton Abbot link road giving dual carriageway (A380) accessto the main A38. This provides direct access to the rest of Devon and theSouth West, and to the M5 Motorway (J31) 20 miles to the north.

The development is located on a prominent location with a frontage to thejunction of the main Torbay Distributor Road (A3022), Brixham Road and LongRoad. It is situated adjacent to the expanding South Devon College, PremierInn and in close proximity to Aldi, Sainsbury’s and Asda.

The site will form the nucleus for the area providing a range of retail facilities inwhat 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 thetotal 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.

DEVONSHIRE RETAIL PARK, LONG ROAD, PAIGNTON, TORBAY

DESCRIPTION

Devonshire Retail Park will be a brand new retail scheme, comprising of fivewell-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 theoption of a mezzanine floor.

The customer car park, located at the front of the units, provides spaces for339 cars, including 20 disabled spaces. This gives a car parking ratio of 1:234sq ft. All servicing is to the rear of the units, accessed off a separate entrance.

Over 1,500 new homes are being built on this and the surrounding site. ThePremier Inn opposite is being expanded with construction underway.

Location Plan, Promap

Page 4: DEVONSHIRE RETAIL PARK, BRIXHAM ROAD, PAIGNTON, … · devonshire retail park, brixham road, paignton, torbay, tq4 7be . devonshire retail park, long road, paignton, torbay 79,300

DEVONSHIRE RETAIL PARK, LONG ROAD, PAIGNTON, TORBAY

PLANNING

Wide Bulky Goods

TENURE

The property is available by way of a FullRepairing and Insuring lease for a term to beagreed. Rent upon application.

LEGAL COSTS

Each party is to be responsible for its ownlegal and professional fees in connection withthis transaction.

VAT

All figures quoted are exclusive of valueadded tax, which is to be charged at theprevailing rate.

TERMS

Upon application.

Outline development

Page 5: DEVONSHIRE RETAIL PARK, BRIXHAM ROAD, PAIGNTON, … · devonshire retail park, brixham road, paignton, torbay, tq4 7be . devonshire retail park, long road, paignton, torbay 79,300

DEVONSHIRE RETAIL PARK, LONG ROAD, PAIGNTON, TORBAY

© OpenStreetMap contributors

DEVONSHIRERETAIL PARK

ALDI

SAINSBURY’S

ASDA

PREMIER INN

EMPLOPYMENT

TORBAY BUSINESSPARK

WESTFIELD BUSINESS PARK

1

2

SOUTH DEVON COLLEGE

1

2

Page 6: DEVONSHIRE RETAIL PARK, BRIXHAM ROAD, PAIGNTON, … · devonshire retail park, brixham road, paignton, torbay, tq4 7be . devonshire retail park, long road, paignton, torbay 79,300

DEVONSHIRE RETAIL PARK, LONG ROAD, PAIGNTON, TORBAY

UNIT RETAILER SIZE (SQ FT)

1 The Range 40,000

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

Unit 2 Unit 3

Let

To Let

Unit 4 Unit 5

Under Offer

Page 7: DEVONSHIRE RETAIL PARK, BRIXHAM ROAD, PAIGNTON, … · devonshire retail park, brixham road, paignton, torbay, tq4 7be . devonshire retail park, long road, paignton, torbay 79,300

DisclaimerColliers 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 www.colliers.com/ukdisclaimer. Our registered office is at 50 George Street, London W1U

FURTHER INFORMATIONFor further information and viewings please contact sole agents, Colliers International :-

Laurence Edwards 020 7487 187007771 820051

[email protected]