Appledore is a modern shipbuilding facility in North Devon that boasts a 118m covered dry dock

The UK's Appledore Shipyard in Plymouth is an historic site of significant importance to the wider region

Appledore Shipyard in North Devon is an historic site of significant importance to the wider region

Following the announcement last November that Babcock, operator of the UK’s Devonport naval dockyard in Plymouth, was going to close its Appledore Shipyard in North Devon, the facility has now been put on the market.

Appledore has been involved in a number of superyacht and yacht builds in the past, including the 97m (318ft) Vava II, the largest superyacht built in the UK.

The modern shipyard, which includes a covered dry dock area of 118m (387ft), extends over a 28 acre site. It has been put on the market with the Exeter branch of JLL property consultancy and is available on a new lease as a whole or in parts.

“Appledore Shipyard is an historic site of significant importance to the wider region and we recognise that finding the right tenant is crucial,” says Tim Western, lead director at JLL. “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.

“We have already received good levels of interest in Appledore from companies across the globe,” he adds. “It is evident that there is an undersupply of shipbuilding and ship repair facilities in Europe for small to medium-sized vessels.”