With commercial stock levels continuing to dip Plymouth businesses looking for quality warehousing are looking further out of town to find the space they need.
Mark Slade from Bruton Knowles said increasing demand from online sales channels and niche e-retailers had eaten in to the city’s key logistics and distribution locations.
He said: “With next to nothing in the way of ‘new builds’ to choose from out of town locations are back in favour. There is very little, if any, stock available in Saltash at the moment.”
Mark has just five remaining units on the Moorlands Trading estate just off the A38, five miles from Plymouth.
Unit 3 is a light industrial warehouse with secure yard offering 3,476 sq ft of space; while units 4-7 offer between 1,755 and 3,416 sq ft of light warehousing.
Mark said: “Located in Forge Lane, Saltash, Moorlands is ideally situated beside the main road network with quick connections to the wider network. The range of units offers good flexibility for firms needing to move or expand.
“Plymouth’s industrial market is attracting a broad range of occupiers and investors buoyed by the rapidly improving economic backdrop and greater external demand for UK exports.
“Despite the shortage of space speculative development funding is generally absent from the market and this situation looks set to continue for the moment. This is good news for landlords as pressure on commercial space could potentially result in rental growth.”
