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Investment Highlights

  • Freehold detached industrial building
  • Protected lease, 5 years with tenant-only breaks
  • 826 sqm / 8,892 sqft GIA
  • Investment income of £49,000pa (potential £65,000pa in reversion)
  • Popular industrial estate
  • EPC: E 106

Executive Summary

Our client is seeking offers in the region of £595,000 + VAT for the freehold interest subject to the current tenancy to HQW Aerospace UK Ltd,Co.Reg.No. 00450577 (formerly Barden Corporation), which declared a pre-tax profit of £1.1m in 2025 (£2.42m 2024).
The occupational lease is for a term of 5 years from 7 April 2025 with breaks in 2027, 2028 and 2029, within the Landlord &Tenant Act 1954, at an annual rent of £59,000pa with an upwards-only rent review in 2028.
Detached late 1970s factory, of masonry construction with a steel truss "flat" roof, assumed to be asphalt covered, providing a minimum internal height of 3.79m. Daylight comes from high level windows and skylights have been over-clad. The building has been maintained but would benefit from some updating. Externally, the property has a tarmac-surfaced goods yard, partly shared, providing circulation access for articulated vehicles and parking for 19 cars.
Estover lies approximately 6 miles north of Plymouth city-centre, with access from the A38/M5 mainly via 40mph dual carriageway roads. The property enjoys reasonable prominence from the estate spine road occupying a level site in a gently sloping position.

Property Facts

Price $1,108,483 CAD
Price Per SF $124.66 CAD
Sale Type Investment
Tenure Freehold
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 0.57 AC
Rentable Building Area 8,892 SF
No. Stories 1
Year Built 1970
Tenancy Single
Parking Ratio 2.14/1,000 SF
  • Listing ID: 40141057

  • Date on Market: 2026-04-14

  • Last Updated:

  • Address: 6 Estover Close, Plymouth PL6 7PU

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