New retail scheme planned for Plymouth

Developers Yelverton Properties are due to start construction of a new out of town retail scheme situated next to the new Lidl store and adjacent to the Tesco Extra store in Woolwell.

The scheme is very prominent and will comprise approximately 571 sq m (6,150 sq ft) of new contemporary retail premises for Plymouth, together with communal parking and servicing areas.

The site is located in the Woolwell area, a well established and popular residential district of Plymouth situated north of Plymouth city centre and A38 Devon Expressway, and close to Derriford Hospital and other major employers.

Alder King Property Consultants has been solely appointed as marketing agents on the scheme, which offers opportunities ranging from 106.8 sq m to 121.5 sq m (1,150 sq ft to 1,308 sq ft) with the option to combine units if required.

Lee Southan at Alder King commented: “This is an exciting new development which will provide a new retail offer for Plymouth. The site is very prominent, situated opposite the main entrance to Tesco Extra and next to the new Lidl store and terms have been agreed with national retailers already. We are confident the remaining units will prove very popular in the market.”

The units have planning consent for A1, A2, A3 and A5 uses and are available on a new lease on a pre-let basis.

For further information contact Dominic Rosenbaum or Lee Southan at Alder King on 01392 353080.

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