A busy Cornish industrial estate has come onto the market in Liskeard, presenting a superb opportunity for commercial property investors.
Heathlands Industrial Estate, which is located half a mile from the town centre and includes a mix of blue chip, SME industrial, office and trade counter tenants, comprises a total 19,348 sq ft of space.
Marketed by Mark Slade of Bruton Knowles, offers are now being invited to purchase the freehold which includes 13 industrial and one office unit, currently generating a net yield of 8.0%.
Located close to the A38, the estate provides easy access to Plymouth which is 14 miles away to the east while acting as a gateway to the Cornish peninsular to the South and West.
Mark said: “Heathlands Industrial Estate is the perfect location for businesses currently located in the South West reaches of Cornwall looking for better access to Plymouth and towards Exeter or those wanting to expand further down into the peninsular.
“There is excellent parking and Liskeard train station, which is on the main Paddington to Penzance Cornish Main Line, is literally a few minutes walk down the road.
“The investment market is still seeing high levels of enquiries with transactions across all sectors remaining buoyant. We’re instructed to seek offers of £1.325 million for the interest subject to contract and the existing tenancies’.