Leading property consultancy JLL has been appointed to market the historic Appledore Shipyard site in Devon, which is now available following expiry of the existing lease.
Tim Western, lead director at JLL in Exeter, said: “Appledore Shipyard is an historic site of significant importance to the wider region and we recognise that finding the right tenant is crucial. We are targeting the global marketplace primarily in the marine, maritime and energy sectors, and our aim is to secure a new tenant for the facilities as soon as possible.”
Appledore Shipyard dates back to 1855 and has built more than 350 vessels in its history, including military craft, bulk carriers, super yachts, ferries and oil industry support ships.
Bidna Yard and New Quay form the two parts of the available property covering around 28 acres. The main building includes an impressive 118m long covered, dry dock facility. The property is available on a new lease as a whole or in parts.
Tim Western added: “We have already received good levels of interest in Appledore from companies across the globe. It is evident that there is an undersupply of shipbuilding and ship repair facilities in Europe for small to medium sized vessels.”
