Tuesday 28th Jan 2020 - Logistics Manager Magazine

Cornish 189,160 sq ft chilled and frozen warehouse on market

Pan-European investor and asset manager M7 Real Estate has put a massive chilled and frozen warehouse on the market in the South West.

The investor bought the fully equipped chilled food manufacturing facility in Launceston, Cornwall, for an undisclosed sum on behalf of M7 Real Estate Investment Partners III.

The property is situated on the  which is the largest estate in the area. The site extends to approximately 11.5 acres and is one of the biggest industrial sites in Cornwall just 45 minutes from Exeter and the M5 motorway.

The property comprises 189,160 sq ft of warehouse space constructed in three distinct phases, the buildings have been designed to run together as one facility. However, it also has the ability to be split up into smaller units.

K1 comprises 150,000 sq ft and 1.4 acres of land, while K2 is a food making facility with 44,000 sq ft of space.

M7 has appointed Vickery Holman as letting gents.

Will Oldrieve, of  Vickery Holman, said: ” Splitting such a large site has opened it up to more potential occupiers. It’s not often that such a high-profile site becomes available so we’re expecting high levels of interest from inside and outside the region.”