Burrington Estates acquires land for Newton Abbot business park

Land near Newton Abbot has been purchased by Burrington Estates for its latest commercial development.

Oak Tree Business Park will provide 80,000 sq ft of high quality, energy efficient units suitable for business, general industrial, storage and distribution.

The deal was facilitated by Tony Noon at Noon Roberts, with Andrew Pearce at Pearce Property acting on behalf of Burrington Estates.

The site in Kingskerswell is conveniently close to the A380 South Devon Highway 2.5 miles south of Newton Abbot, strategically located between Torbay and Exeter. Planning approval has been granted and work will commence in May with a 12-month build for Phase 1 comprising of 21 contemporary units each providing at least 1,000 sq. ft of commercial space.

All units will be built to the highest standards of construction and energy efficiency using the latest insulated panel technology, roof mounted solar panels and EV charging capability, and will offer flexible accommodation with bespoke options. The units can be purchased within a tax efficient SSAS pension or SIPP.

Burrington Estates Commercial Land Director, Adam Pascoe said: “We’re delighted to move forward with this latest development, which addresses a need for high quality new build units to help support the potential for businesses in this area of Devon.

“With its accessible location, these high specification commercial properties are designed to meet the needs of both buyers and business tenants. Oak Tree Business Park presents an exciting opportunity for businesses looking for practical, contemporary units in a prime location.”

Adam Pascoe, Land Director and Charles Berry, Development Director

Future phases will provide varying sizes of units from 2,000 up to 10,000 sq ft per unit. When fully complete Oak Tree Business Park will house 36 commercial units and 1 office with external parking for 165 vehicles.

Upcoming commercial developments for Burrington Estates include a new site at Wellington in Somerset, and the commencement of Phase 2 at SkyPark Exeter once full planning permission is granted. Another site in North Devon has been identified with exchange of contracts due imminently.

 

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