9th April 2014

Rare long leasehold industrial opportunity in Exeter

Commercial property consultants Alder King have been appointed to market the long leasehold interest in a semi-detached industrial unit at 2 Merlin Business Park on Exeter Airport Business Park. 

The industrial unit comprises 3,276 sq ft (304.34 sq m) of modern warehouse space with two roller shutter doors.  Pedestrian access leads to the reception and has office accommodation over two floors with the benefit of an additional rear storage yard and 12 parking spaces to the front.

The remainder of the 999 year long leasehold interest, dated 1 January 1989, is available to purchase off an asking price of £325,000. 

Lee Southan at Alder King’s Exeter office said: “This is an excellent opportunity for an owner occupier or investor to purchase industrial premises only a stone’s throw from Exeter City Airport.  This type of opportunity doesn’t come along very often and we are already seeing good interest in its availability.”