Phase B, Cranbrook Town Centre, Tillhouse Lane, Cranbrook, Exeter, Devon, EX5 7ET

• Exciting opportunity to complete the second phase of this mixed development scheme
• Current planning consent to develop four more retail units and nine residential units (all 2 bedroom)
• The first phase has recently been completed comprising seven prominent shops within the town square
• Nearby recently opened Morrisons Supermarket, and a children's nursery opening soon
• Over 3,000 homes currently built in Cranbrook

• Location: Cranbrook is a new town located on the outskirts of Exeter which has expanded rapidly since its launch in 2012. There are now over 3,000 homes currently built in Cranbrook, and this is expected to increase to at least 8,000 properties in the future. Cranbrook is ideally placed for reaching surrounding towns and cities with excellent transportation links by road being close to the M5 and A30, as well as having its own railway station. Exeter Airport is to the south, and approximately 2 miles distant by car. nnCranbrook now has its own Morrisons Supermarket recently opened and a children's nursery which will open soon, as well as seven new shops built under Phase A of this scheme. Occupiers here include Esquires Coffee Shop, Children's Hospice South West, a barbers and two takeaway / restaurants. Cranbrook also has a doctors surgery, a pub / restaurant (The Cranberry Farm), and primary and secondary schools.
  
• Planning: The planning application at East Devon District Council is Ref. 21/2020/MRES and this consent also included the first phase of this development, which has now been completed.
  
• Terms: Offers are invited for the freehold in this mixed use development site.
• Legal Costs: Each party to bear their own legal costs incurred with the transaction.
• Viewing: A data pack has been prepared which provides detailed planning and technical information. For access please contact the agents.
• VAT: VAT will be payable at the standard rate.

This is an exciting opportunity to complete the second phase of this mixed use development scheme with a current planning consent to develop four more retail units and nine residential units (all 2 bedroomed). The first phase has recently been completed comprising seven prominent shops within the town square, and 17 apartments along with Morrisons new supermarket and children's nursery.

Please see the attached site location & phasing plan, together with floor plans and elevations. Further details are available from the data pack which is available on request.