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