Day and Bell management portfolio extends throughout South Devon, including a niche secondary shopping parade, located in the centre of Ivybridge in a modern retail development. The development comprises various retail mix use retails units. The occupiers include Poundland, independent furniture shop, chemist, bathroom centre, offices, the Town Hall, Watermark centre which includes a library, café, and the Cinema, with well managed Car park area serving the businesses and the customers. With the latest letting of the double unit to St Lukes Hospice Plymouth last March, for a term of 10 years, the parade is fully occupied, showing healthy growth in rental and capital values over the last 4 years. The parade is evident that how good retail mix, active asset management, governed by good landlord and tenant relationships, can achieve secure investments, for the landlords and the businesses occupying the space. The parade is a hub for the local community. |
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