two freehold open non-food retail warehouse investments

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12 A30 A392 A39 A391 A390 A390 A30 A39 A38 A395 A38 A388 A30 A386 Plymouth A38 A38 Newton Abbot Exeter A380 A385 Tesco M5 A376 Torquay Lidl LOCATION A30 Matalan Matalan Sat Nav: PL5 3TW Magnet A3 Plymouth is the regional capital of Devon and Cornwall and the largest conurbation in the south west of England. The town lies 32 miles west of Torquay and 44 miles south west of Exeter. The City of Plymouth has developed as the south west region’s principal commercial and economic centre being situated at the intersection of the A38, A388 and A379 roads with a A38 linking to the M5 motorway and national motorway network 40 miles to the north east. In 2001, the estimated resident population for the urban area was 243,795 persons rising to 294,014 persons (1994 estimate) within a 6 mile radius of the town centre. Mosaic Consumer Groups Symbols of success Happy families Suburban comfort Ties of community Blue collar enterprise Grey perspectives Urban Area (%) 2.80 13.73 15.04 20.22 14.38 5.28 GB (%) 10.53 11.46 16.06 16.33 11.56 Levels of car ownership within the urban area and the wider district area are above the national average with 48.4% of households within the urban area having one car, as compared to the GB average of 43.8% (2001 Census). Levels of owner occupation within the urban area and district area are slightly below the national average for the same date, with 64.1% of houses within the urban area being owner occupied as compared to the GB average of 68.3%. The ‘Claimant Count Unemployment Rate’ has been consistently below the national average for the past 5 years and as at January 2007 stood at 1.9% as against the national rate of 2.5%. 6.71
RETAIL WAREHOUSING IN PLYMOUTH Retail warehousing in Plymouth is of predominantly cluster and standalone development. Whilst there is a significant supply of retail warehousing in Plymouth, the majority of the space is both secondary and restricted by bulky goods planning consents. Detailed adjacent and identified on the plan opposite is the city’s out of town retail provision. Crownhill Road Situated approximately 4 miles north west of the city centre is the subject property adjacent to which is a Tesco foodstore and district centre, together with nearby standalone Magnet and Lidl units. Tavistock Road To the north of the city centre and 1 mile east of the subject property is a B&Q Warehouse (120,000 sq ft) situated on Tavistock Road (A386). Marsh Mills Retail Park Situated adjacent to The Parkway (A38), Marsh Mills is the dominant bulky goods scheme for the city and currently extends to approximately 156,000 sq ft. Tenants here include Homebase, Carpetright, DFS and Wickes. Plymouth Road Situated adjacent to Plymouth Road, east of Marsh Mills are two secondary schemes being; Coypool Retail Park (115,000 sq ft) arranged as a cluster of retail warehouse units; and Erill Retail Park (65,000 sq ft). Laira Bridge Comprising two dated units extending to circa 59,000 sq ft and currently occupied by MFI and Carpetright, this scheme is located to the south of the city centre to the south side of Laira Bridge Road. Exeter Street Adjacent to Exeter Street, to the south of the city centre, this two unit scheme extends to around 79,000 sq ft, occupied by Wickes and a former Courts unit. 13
Page 1 and 2: TWO FREEHOLD OPEN NON-FOOD RETAIL W
Page 3 and 4: INVESTMENT SUMMARY NEWTON ABBOT New
Page 5 and 6: A383 A382 Broadlands A381 Wolboroug
Page 7 and 8: NEWTON ROAD 3 2 2 1 PLANNING AND TE
Page 9 and 10: Kingsteignton Retail Park is the pr
Page 11: INVESTMENT SUMMARY PLYMOUTH Plymout
Page 15 and 16: 1. Matalan 2. Magnet 3. Lidl 4. Arc
Page 17 and 18: Accommodation and Tenancies Unit 1
Page 19 and 20: PROPOSAL VAT We anticipate that the

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