two freehold open non-food retail warehouse investments

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4 A390 A30 A39 A38 A395 A38 A388 A30 A386 Plymouth A38 A38 Newton Abbot Carpetright Co-op Halfords Tesco Exeter A380 A385 M5 A376 Torquay A30 Homebase Brantano LOCATION A35 Matalan Kingsteignton Retail Park Sat Nav: TQ12 3HS Newton Abbot is an attractive market town lying approximately 20 miles south of Exeter, 33 miles north east of Plymouth and 6 miles north west of Torquay. The town has developed as the principle commercial and economic centre for its hinterland and benefits from being situated close to the A380 and A38 dual carriageways which provide direct access to the southern end of the M5 motorway to the south of Exeter, and is highly accessible to Torquay via the new A380. In 2001, the estimated resident population for the urban area was 24,855 persons with a district population of 120,958 persons, rising to 155,295 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 (%) 5.73 13.64 21.63 27.71 14.49 12.32 GB (%) 10.53 11.46 16.06 16.33 11.56 6.71 Levels of car ownership and owner occupation within the urban area of Newton Abbot are above the national average with some 46.7% of households having one car, as compared to the GB average of 43.8% (2001 Census). At the same date, 75.1% of houses were owner occupied as compared to the GB average of 68.3%.
A383 A382 Broadlands A381 Wolborough Kingsteignton 5 Knowles Hill A381 B3195 4 1 3 2 Newton Abbot A380 A380 Rydon Buckland Newtake 1. Subject property 2. Homebase 3. Co-op/Carpetright 4. Tesco 5. B&Q - Jetty Marsh Road SITUATION The subject property is situated in a highly prominent location at the junction of Greenhill Way and Newton Road, both forming the A383 which provides a direct link to the town centre, 3 4 mile to the south, and to the A380 (Torquay Road), 1 2 mile to the north west, providing access to a wider retail catchment. The town’s proximity to the A380 which leads directly south to Torquay means that the subject property’s catchment extends into Torquay’s conurbation and this is evidenced by the fact that Matalan and Brantano do not have a store in Torquay. The general locality has developed as the catchment’s primary focal point for retail warehousing, with the subject property providing the town’s main scheme. Detailed below and identified on the adjacent plan is the town’s out of town retail provision. Homebase, Richleys and The Co-op Approximately 200 metres north of the subject property is a cluster of retail warehouse accommodation occupied by Homebase, Richleys and Plymco (The Co-op). The units are of first generation construction and combined provide circa 90,000 sq ft of retail accommodation. Tesco Foodstore Approximately 1 4 mile south of Kingsteignton Retail Park is a Tesco 24 hour foodstore of approximately 70,000 sq ft. B&Q Supercentre Adjacent to Jetty Marsh Road, approximately 1 2 mile to the south of the subject property is a B&Q Supercentre of circa 32,000 sq ft. 5
Page 1 and 2: TWO FREEHOLD OPEN NON-FOOD RETAIL W
Page 3: INVESTMENT SUMMARY NEWTON ABBOT New
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 and 12: INVESTMENT SUMMARY PLYMOUTH Plymout
Page 13 and 14: RETAIL WAREHOUSING IN PLYMOUTH Reta
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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