Acting on behalf of TEC Group Holdings Ltd, Plymouth Commercial Property agents Monk & Partners have just negotiated the purchase of a 0.5 hectare (1.2 acre) site on the established and popular Darklake View Estate at Estover, Plymouth.

A sloping site which has been sitting vacant and awaiting development for a number of years has been acquired to expand TEC Packaging Services Ltd who already occupy a building on the adjacent land. It is also intended to develop 10 brand new industrial/warehouse units on the same site which will be released to the market shortly either for sale or to let.

These new units will range in size from 72.5 sq m (780 sq ft) upwards and will be arranged in two blocks of 5 units, each with about 50% cover mezzanine floors installed.

John Slade Agency Director of Monk & Partners comments availability of industrial/warehouse space in Plymouth, new or older is currently in very short supply and with plenty of demand. The small business unit market is seeing them being sold off the drawing board and we believe these units at Estover will be no exception.

We are excited to have the instruction and we are confident unsuccessful bidders on other Plymouth schemes will be keen on these units when they start coming out of the ground.

For further information contact John Slade on 01752 255222,