Rare freehold unit with major storage and redevelopment potential.
Extremely large freehold unit — 5,362 sq ft total
A substantial freehold warehouse in central Wadebridge offering over 5,300 sq ft across ground and mezzanine levels. The ground floor is approximately 3,000 sq ft with an added mezzanine of about 2,362 sq ft, delivering flexible open-plan storage or workspace with two-storey office accommodation and side loading doors. Vacant possession is available on completion.
Constructed in part of block and part corrugated asbestos with asbestos roofing and rooflights, the building provides good natural light but will require remediation or roof replacement to meet modern health and safety standards. The mezzanine is partitioned at the rear and the internal layout suits storage, light industrial use or conversion subject to permissions.
Practical positives include garage parking, excellent mobile signal and a central town-fringe location near shops, banks and transport links. Flood risk is low. Notable negatives are the presence of asbestos cladding/roofing, average area deprivation, above-average local crime rates and slow fixed broadband speeds — factors that will influence occupier suitability and refurbishment costs.
This property will appeal to investors or owner-occupiers seeking a large, adaptable freehold unit in Wadebridge with clear potential after remediation. Consider budgeting for roof and cladding works, potential planning for change of use, and security improvements given local crime statistics.
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