A strategically positioned freehold factory/warehouse unit in Bude, Cornwall, with potential for redevelopment has been brought to the market.

Acting on behalf of the Joint Administrators of Appiangate Ltd, commercial property specialist Colliers International is selling the freehold of the former TIC premises on the established Kings Hills Industrial Estate.

The 28,225 sq ft detached former factory/warehouse unit with offices is prominently located on a 1.18 acre site at the front of the estate, which has major local and national occupiers including Plumbase and Bude Tyre Supplies.

Harry Dunger of the Bristol office of Colliers International, said: “This substantial unit offers a rare freehold opportunity, and also has potential for to redevelop or reconfigure.

“It is a well-placed asset beside the A3073, which provides access to the A39 a mile away, with onward access to the M5 national motorway, and we are anticipating interest from a range of potential purchasers.”

Price is available upon application for the unit, which comprises a ground floor warehouse of 26,000 sq ft, a mezzanine floor office of 2,225 sq ft, and an external tarmac yard