A small unit industrial investment has just changed hand on the Marsh Barton Trading Estate in Exeter through Pepper Commercial. Units 1 -15 Tekoa Units Alphinbrook Road, Marsh Barton have been in the same family ownership for the past 50 years. The property comprises 15 units in varying sizes totalling 11,435 sq.ft. on about 0.6 of an acre fronting the major though fare on the estate. tenants include Curtain Rail Supplies and PK Valeting with the majority of the occupies in the small business sector.
the investment market has been particularly strong recently especially in the industrial sector which has seen large gains in both capital and rental values. the sale follows the recent disposal of the Elm units on the estate which again attracted strong interest. Both properties were sold to local investors. Pepper Commercial are advising on 2 other multi let industrial investments that will come to the market in mid 2020.