Two successful lettings in Roborough are evidence of the industrial property sector being very much alive. Vickery Holman, acting on behalf of two private Landlords, has recently concluded the lettings of Unit 11 Devonshire Meadows and Unit 7 Broadley Court, both of which are situated in Roborough’s Industrial Estates in Plymouth.
11 Devonshire Meadows is a mid-terraced property of 980 sq ft and has let for £6,000 per annum exclusive. Unit 7 Broadley Court is an end terrace unit measuring 1507 sq ft and has let for £6,500 per annum exclusive. The small to medium industrial units and have been occupied by two separate parties, who both signed 3 year leases.
Josh Gunn of Vickery Holman comments, “The lettings demonstrate industrial demand is still ever present even in current economic circumstance. Furthermore it shows landlords who are willing to invest in maintaining their properties are more likely to secure a tenant quickly. Over the last 6-12 months the small to medium industrial market has ticked over nicely in Plymouth and I believe there will be further transactions throughout the year.”
The industrial estates in Roborough are proving popular with small to medium businesses, whose clientele are situated to the north of Plymouth.
