News

Letting of Substantial Warehouse Facility in Telford

Andrew Dixon & Company reports the completion of a new lease on Unit D, Stafford Park 7.  The detached warehouse unit extending to approximately 51,000 square feet was let to neighbouring occupier, Arconic Fastening Systems & Rings, a US company that is expanding its' manufacturing base in Telford.  The property will undergo a full programme of refurbishment providing both extensive offices and high bay warehousing with production facilities.

Nicholas Dixon, who handled the transaction, commented "This expansion facility for an existing Telford manufacturer is a further support to the town's industrial base, which is seeing a tightening of availability in the marketplace".

04/05/2017

Freehold Sale of Production Warehouse at Stafford Park

Andrew Dixon & Company reports the freehold sale of Unit C, Stafford Park 12, Telford - a production warehouse unit extending to 24,617 square feet on a site area of 1.1 acres.  The freehold unit, which was offered for sale with vacant possession, was acquired by a local investor who intends to refurbish the property and re-offer it to the market to let upon completion of the works.

Nicholas Dixon, who handled the transaction, commented "A great deal of interest was generated in this property, which provides the opportunity on refurbishment to secure a good quality tenant in a well-specified production warehouse with two-storey offices and a large surfaced yard.  From receiving instructions to sell to completing the sale took barely four months".

04/05/2017

Sale of Major Production Facility in Bridgnorth

Andrew Dixon & Company is pleased to announce the sale of the former Filtermist premises at Farraday Drive, Bridgnorth, Shropshire.  The property comprises a detached production warehouse facility extending to approximately 19,838 square feet on a site area of circa 1 acre, which is located on the fringe of the market town of Bridgnorth.  It was formerly owner occupied by Filtermist, and following the company's relocation to a bespoke building on Stafford Park, the property was brought onto the market and achieved a good level of interest.

Alex Smith, who handled the transaction, commented "Freehold opportunities with vacant possession are rare in the current marketplace and we are delighted to complete the sale of this detached industrial premises to an owner occupier.  The good level of interest generated by the property throughout the marketing period reflects the present market, which has limited vacant freehold opportunities available".

22/09/2016

Double Letting on Stafford Park, Telford

Andrew Dixon & Company is pleased to announce the letting of two industrial units on Stafford Park 12.  Units 5 and 8,  each extending to approximately 12,500 square feet, both provide modern warehouse accommodation with integral two-storey offices, secure yard space and on site car parking, being easy accessible off Junction 4 of the M54 motorway.

Kea Automation has taken a lease of Unit 5 as part of their continued expansion plans for the company; and Veolia Limited - the UK leader in environmental solutions - has relocated to Unit 8 from their original North Shropshire headquarters.

Alex Smith, who handled the letting, commented "Our client was pleased to acheive a double letting of these units within a two month period of each other.  Long leases have been secured on both properties representing an excellent investment for the client.  These two lettings reflect an increase in activity on Stafford Park 12 and an indication of the improving commercial market in general".

07/06/2016

Sale of Prominent Retail Showroom in Shrewsbury

Andrew Dixon & Company is delighted to announce the sale of the former Mullins Heating premises in Shrewsbury.  The detached single storey building, which extends to approximately 6,653 square feet, enjoys a prominent roadside position with a dual frontage onto London Road and Wenlock Road in an established trading area.  The property suffered fire damage in 2011 and was consequently rebuilt to provide modern retail/showroom accommodation with forecourt loading facilities and on site car parking.

Alex Smith, who handled the transaction, commented "We are pleased to conclude the sale of this prominent retail premises.  After such a troubled history due to a fire a few years ago, the property has been rebuilt to a shell specification in readiness for a new occupier fit-out.  We received a large amount of interest in the property and were eventually able to secure a sale to a local owner occupier".

07/06/2016