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Highlights

  • Due to be refurbished spring 2026
  • Desirable Industrial / Distribution Site in Lee Mill
  • Solar PV
  • Substantial Detached Industrial Unit with Yard and Offices.
  • Tarmac Surfaced Yard / Car Park

Features

Clear Height
17’3” (5.26 m)
Standard Parking Spaces
10

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • Ground, Mezzanine
  • 18,070 SF
  • Negotiable
  • $15.12 CAD/SF/YR $1.26 CAD/SF/MO $273,163 CAD/YR $22,764 CAD/MO
  • Industrial
  • Partial Build-Out
  • 2026-07-01

The 2 spaces in this building must be leased together, for a total size of 18,070 SF (Contiguous Area):

Ground - 17,818 SF
Mezzanine - 252 SF

The current lease ends in June 2026 and will be available on a new lease (terms to be agreed) from July 2026 following refurbishment. The property is to let as a whole on a new full repairing and insuring lease, at an initial rent from £150,000pa +VAT subject to contract and terms. Accommodation: Warehouse 1 & 2 - 6,824 sq.ft Warehouse 3 - 9,633 sq.ft Mezzanine - 252 sq.ft Workshop - 1,361 sq.ft

  • Use Class: B2
  • Secure Storage
  • Private Restrooms
  • Yard
  • Offices, Welfare and Additional Workshop
  • Four Sectional Goods Loading Doors
  • Partitioned Offices
  • Automatic Blinds
  • DDA Compliant
  • Split into 3 warehouses
  • Min Eaves 5.22m
Space Size Term Rental Rate Space Use Condition Available
Ground, Mezzanine 18,070 SF Negotiable $15.12 CAD/SF/YR $1.26 CAD/SF/MO $273,163 CAD/YR $22,764 CAD/MO Industrial Partial Build-Out 2026-07-01

Ground, Mezzanine

The 2 spaces in this building must be leased together, for a total size of 18,070 SF (Contiguous Area):

Size
Ground - 17,818 SF
Mezzanine - 252 SF
Term
Negotiable
Rental Rate
$15.12 CAD/SF/YR $1.26 CAD/SF/MO $273,163 CAD/YR $22,764 CAD/MO
Space Use
Industrial
Condition
Partial Build-Out
Available
2026-07-01

Ground, Mezzanine

The 2 spaces in this building must be leased together, for a total size of 18,070 SF (Contiguous Area):
Size
Ground - 17,818 SF
Mezzanine - 252 SF
Term Negotiable
Rental Rate $15.12 CAD/SF/YR
Space Use Industrial
Condition Partial Build-Out
Available 2026-07-01

The current lease ends in June 2026 and will be available on a new lease (terms to be agreed) from July 2026 following refurbishment. The property is to let as a whole on a new full repairing and insuring lease, at an initial rent from £150,000pa +VAT subject to contract and terms. Accommodation: Warehouse 1 & 2 - 6,824 sq.ft Warehouse 3 - 9,633 sq.ft Mezzanine - 252 sq.ft Workshop - 1,361 sq.ft

  • Use Class: B2
  • Partitioned Offices
  • Secure Storage
  • Automatic Blinds
  • Private Restrooms
  • DDA Compliant
  • Yard
  • Split into 3 warehouses
  • Offices, Welfare and Additional Workshop
  • Min Eaves 5.22m
  • Four Sectional Goods Loading Doors

Property Overview

This detached warehouse is of steel portal frame construction set in a generous yard with ample parking and storage. Brick and block wall, approximately 2 with profile insulated cladding to eaves, set under dual pitched insulated roof with daylight panels and solar PV panels. The warehouse has an eaves height of 5.22m to haunch and 7.83m to the underside of the apex giving excellent height for modern storage and distribution users. The unit is split internally but could be opened if required. Access is via three sectional goods loading doors which open directly to delivery yard. External dock leveller which unloads into roller shutter to eastern gable wall. Warehouse 1 & 2 offers industrial space with office and pair of WCs. The warehouse is currently fitted with a storage mezzanine to one side, approx. 2,259sq.ft / 210sq.m. Warehouse 3 benefits from a warehouse with modern office currently designed as open plan space with managers office, staff welfare with kitchen, DDA compliant WC, Male WC. In addition, there is a server room and storage room. Mezzanine storage over the office. Both warehouses have a power supply of 100Amp 67KVA. Externally a further detached workshop of 1,361sq.ft / 126sq.m which could be used for a variety of other uses. Lee Mill Industrial Estate is situated near the town of Ivybridge in the South Hams. The city of Plymouth is located 10 miles to the west and Exeter 30 miles to the east with excellent road access via the A38. This established business area has employers from the manufacturing and distribution sectors and is anchored by a large Tesco superstore. Nearby occupiers include Continental, Tally Ho Coaches, Princess Yachts, The Bay Tree Food Company. Lee Mill Industrial Estate is generally regarded as a leading industrial estate in the South Hams.

Warehouse Facility Facts

Building Size
18,070 SF
Lot Size
0.97 AC
Year Built
1992
Construction
Masonry
Power Supply
Phase: 3
  • Listing ID: 39749610

  • Date on Market: 2026-03-12

  • Last Updated:

  • Address: 1-3 Cadleigh Close, Ivybridge PL21 9GB

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