£2,400,000

Warehouse for sale

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£2,400,000

(£72.93/sq. ft)

Warehouse for sale

Unit C, Stafford Park 18, Telford, Shropshire TF3

32,908 sq. ft

Local area information

Property location

Nearby amenities

  • Hollinswood Primary School 0.6 miles
  • Holy Trinity School 0.8 miles
  • Telford Central 0.9 miles
  • Oakengates 1.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Telford to find out more about the area.

Features and description

  • Production warehouse and offices
  • Let to qi Van Systems Ltd for over 20 years
  • New leaseback for 10 years at £164,540 pa
The property comprises a single storey, dual bay production warehouse unit, which was constructed by the former Telford Development Corporation in 1980, together with adjoining two storey office block and a single storey extension to the front elevation.
The main warehouse has a working eaves height clearance of approximately 6m and benefits from two steel up-and-over doors on the eastern elevation giving vehicular access to an enclosed concrete yard.
In addition, there is a single storey extension to the side accommodating a specialist spray booth, which was completed in 2009 and benefits from a roller shutter access with an eaves height clearance of approximately 14ft.
There is a single storey office block adjoining the eastern elevation of the production area, which provides a reception area, general office and WC facilities accessed from the workshop. The reception area also provides access to a two-storey section comprising mainly open plan office accommodation with additional WC facilities.
Adjacent to the western elevation is a surfaced car park for approximately 20 vehicles. The tenant also occupies the adjoining Unit B and shares the entrance off the estate road.
The property is utilised for the design, fabrication and installation of vehicle racking systems, with the present occupier having been in situ for over 20 years.

Location
The property is located on Stafford Park, one of Telford's major industrial areas, which lies approximately 1 mile from Junction 4 of the M54 motorway, linking with Junction 10a of the M6 approximately 20 miles to the east. All amenities are available close by at Telford Town Centre, together with Telford Central railway station and the town's main bus terminal.
Stafford Park 18 is a cul-de-sac development/estate road, which is situated in an almost fully developed part of Stafford Park. Nearby occupiers include Wrekin Sheet Metal, Arriva and Hough Green.

Planning
We understand the property has planning permission for Class E, B2 and B8 of the Town & Country Planning (Use Classes) Order 1987 (as amended).

Tenure
Freehold Investment: The property is offered for sale freehold with the benefit of a leaseback to Quality industries Ltd trading as qi Van Systems Ltd. This will be based on a new Fri lease for a term of 10 years from completion of the sale at an initial rent of £164,540 per annum plus VAT, with a rent review on the fifth anniversary of the term to open market value. There will be no Schedule of Condition attached to the lease. For details of covenant please refer to the marketing brochure.

Local Authority
Telford & Wrekin Council, Darby House, Lawn Central, Telford, TF3 4JA - Tel:

Rateable value
According to the Valuation Office Agency website the rateable value of the property in the 2017 rating list is £101,000.

Energy Performance Certificate
The property has an Energy Rating of D(86).

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Andrew Dixon and Co. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Andrew Dixon and Co for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Shropshire
  4. Telford
  5. Stafford Park

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