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£680,000

Unit 4 East Way, Lee Mill Industrial Estate, Ivybridge, Devon, PL21

Land size
0.22 acres

Key Features

  • Freehold industrial unit
  • Roller shutter door
  • Forecourt parking
  • Office/reception area
  • Prominent position on Lee Mill Industrial Estate
  • £680,000

Description

The property comprises of an industrial unit with roller shutter access to the front. There are two mezzanines at either end of the building, providing additional storage space. To the front of the property there is an office/reception area and toilet facilities. The tenant's have also added a conservatory structure which provides a kitchen/breakout area. To the front of the property there is parking and loading space.

Location

Lee Mill Industrial Estate is located near Ivybridge in Devon. It has convenient access to the A38, which serves as a major route connecting the M5 motorway (near Exeter) to the city of Plymouth and Cornwall beyond.

The property is located on East Way which is accessed from Central Avenue, one of the main estate roads.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a gross internal basis.

Ground floor - 683.2 sq m (7,354 sq ft)
Mezzanines - 194.4 sq m (2,092 sq ft)

Total - 877.6 sq m (9,447 sq ft)

Rent / Price

£680,000.

Business Rates

From the Valuation Office Agency website ( we understand that the current Rateable Value is £47,000. Therefore making the approximate Rates Payable £20,304 per annum for 2026/27.

Interested parties are advised to confirm the rating liability with South Hams District Council.

Services

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC

E (116)

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

The property is not registered for VAT and therefore VAT is not chargeable on the price.

Map Location

Property details

Tenure
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Council Tax Band
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Date Posted
2026-09-03

Utilities & Restrictions

Utilities

Electricity
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Water
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Heating
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Broadband
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Sewerage
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Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
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Listed status, conservation areas and planning constraints for this location are in the full report.

Property Features

Accessibility
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Parking
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Garden
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Beyond the particulars: planning activity, flood history, heritage and ground risks, checked for this exact spot.

Connectivity

Broadband

Fastest speed available at this postcode

80 Mbps

Superfast

Suitable for

  • HD streaming
  • Video calls
  • Web & social

Mobile signal

OutdoorsIndoorsEE Good GoodO2 Good NoneThree Good NoneVodafone Good None

Predicted 4G and 5G signal; indoor signal depends on building materials.

Ofcom Connected Nations postcode-level predictions. Speeds and signal are modelled, not measured, and vary between addresses and providers.

Signal is the easy part. Planning activity, flood history and protected designations here are in the full report.

Nearest Schools

Primary

  • Woodlands Park Primary School0.9 milesOfsted: Good *
    Ages
    4 to 11
    Pupils
    324
    Type
    Academy converter
  • Manor Primary School, Ivybridge1.3 milesOfsted: Good *
    Ages
    2 to 11
    Pupils
    190
    Type
    Academy converter
  • The Erme Primary School1.6 milesOfsted report card · Mar 2026
    Ages
    4 to 11
    Pupils
    101
    Type
    Community school
  • Stowford School1.9 milesNo Ofsted rating
    Ages
    2 to 11
    Pupils
    450
    Type
    Academy converter
  • Sparkwell All Saints Primary School2.2 milesOfsted: Good *
    Ages
    4 to 11
    Pupils
    95
    Type
    Free schools

Secondary

  • Ivybridge Community College1.8 milesOfsted: Good
    Ages
    11 to 18
    Pupils
    2,262
    Type
    Academy converter
  • Plympton Academy4.2 milesOfsted: Requires improvement
    Ages
    11 to 18
    Pupils
    984
    Type
    Academy converter
  • Hele's School4.9 milesNo Ofsted rating
    Ages
    11 to 18
    Pupils
    1,378
    Type
    Academy converter
  • Coombe Dean School5.8 milesOfsted report card · Mar 2026
    Ages
    11 to 18
    Pupils
    1,000
    Type
    Academy converter
  • Plymstock School6.1 milesOfsted: Good
    Ages
    11 to 18
    Pupils
    1,515
    Type
    Academy converter

* Latest graded judgement covers quality of education only; no overall grade was issued under the 2024-25 inspection framework.

Distances are straight-line from the advertised location. Source: the national school registers (DfE, Welsh Government, Scottish Government) and Ofsted.

Schools are just the start: sold prices nearby, planning activity and any flood history are in the full report.

Amenities

Supermarket

Tesco Ivybridge Lee Mill Extra, Lee Mill661 metres
Co-op Ivybridge, Ivybridge0.8 miles
Co-op Ivybridge - Glanvilles Mill, Ivybridge1.6 miles

GP surgery

Yealm Medical Centre3.2 miles

Pharmacy

Day Lewis Pharmacy1.5 miles

Hospital

University Hospitals Plymouth Estover6.5 miles

Green space

Play Space0.6 miles

Straight-line distances from the advertised location. Sources: NHS records, Geolytix supermarket locations, OS Open Greenspace and the national trails registers.

The area stacks up? Now check the location itself: planning nearby, protected designations and past flooding.

Getting Around

Nearest station

Ivybridge Rail Station2.3 miles

Nearest bus stop

Tesco Superstore596 metres

Typical drive times

Saltash19 min · 13 miles
Sherford11 min · 4.6 miles
Ivybridge8 min · 3.1 miles
Buckfastleigh19 min · 13 miles
Plymouth (city)20 min · 10 miles

Straight-line distances from the advertised location; drive times are typical free-flow times over OpenStreetMap road data, so allow more at peak. Public transport locations from DfT NaPTAN.

Easy to reach matters. So do planning activity, flood history and ground risks: all in the full report.

Flood Risk

Environment Agency open data, checked around the advertised map pin for the listed acreage. Long-term risk counts flood defences; the planning map's flood zones do not. Provided by LandSale, not the listing agent, and not part of the agent's particulars. Risk varies across a holding, so verify before committing.

Rivers and the sea

Very low risk

Planning map: Flood Zone 1.

Surface water

Medium to low risk (1 in 100 to 1 in 1000)

Not at the pin: mapped about 10 metres away.

These bandings are the summary. Where this location sits on the flood maps, plus planning activity, heritage and ground risks, is in the full report.

Important notice: Information, maps and tags on this page are drawn from the advertising agent's marketing materials or generated automatically. LandSale has not verified them. Relying on these details is at your own risk, always carry out independent checks before committing to a purchase.

Contact Vickery Holman, Plymouth

3 Longbridge Road Plymouth PL6 8LT

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