Acting on behalf of private investors, Monk & Partners announce the sale of unit 6 Broadley Court, Roborough an industrial investment property.
The unit comprises a modern circa 2100 sq ft unit built in 2000 and currently let to DAC SW Ltd and used as a motor workshop.
The purchasers MKST Properties have purchased the property with the benefit of the existing tenant although will in due course relocate their trading business, Ribstore in to the unit.
Ribstore, currently located in Plympton, are involved in the marine industry namely inflatable boat repair & cleaning, parts and supplies.
John Slade said the sale indicates the current scarcity of industrial stock in the market with strong prices being realised for limited supply.
Good quality Industrial/warehouse units are invariably snapped up when introduced to the market.