Search Results (5 properties)

Investment - 0ft² & upwards

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  • Prime office investment single let on a 10 year lease to Reconomy UK Ltd
  • Modern detached office building to 24,732 sq ft over 3 floors
  • Large site of 1.15 ac including secure car park
  • Current passing rent £205,000 pa with rent review 12 March 2030

Kelsall House, Stafford Court, Telford

For Sale
Price
Offers in region of £2 million
Size
24,732 sq ft NIA on 1.16 ac
The property comprises a detached, self-contained 'Pavillon' style office building, which is arranged over three floors consisting of 24,732 square feet. It sits on a plot of circa 1.16 acres incorporating landscaped areas around the perimeter and 77 private car parking spaces.

The building was constructed in 1989 and has external brick walls with a reinforced concrete frame, concrete floors, and is surmounted by a pitched blue-coated, profile metal decked roof. It has two main entrances, which are approached by brick herringbone paving leading to two aluminium framed full height double glazed doors. Each entrance provides access to all levels of the building and there are additional ground floor access/exit points to either end, which also afford access to the rear car park.

Internally, the office areas are predominantly open plan with individual offices and meeting rooms, having fitted carpets throughout with perimeter and grid floor trunking and suspended ceilings incorporating lighting. The building benefits from kitchen/canteen facilities as well as male, female and disabled WC's within the core areas. Each floor is served by both internal staircases and a passenger lift.

Tenancy: The property is let to Reconomy UK Limited (Company No: 02951661) on a new FRI lease for 10 years expiring March 2035. The current passing rent is £205,000 per annum with an upward only rent review on 13 March 2030.

  • Prime investment opportunity on established commercial park
  • Modern office/call centre 62,652 sq on site of 4.95 ac
  • 440 car parking spaces (1:142 sq ft)
  • Let to Concentrix TSC UK Ltd at rent of £430,000 pax

Concentrix Call Centre, Adwick Park, Rotherham

For Sale
Price
Offers in excess of £4 million (initial yield 10.09% allowing for purchaser's costs of 6.55% with an underlying capital value of under £64 psf)
Size
62,652 sq ft on 4.95 ac
The property comprises a detached office building arranged over two floors, purpose built and designed for call centre operations. The building has a mixture of clad and glazed elevations.

Internally, there is a double height reception area served by a 10-person passenger lift. Staircase and WC cores are on either side of the building. Both ground and first floors offer predominantly open plan offices, with certain areas divided off for meeting rooms and contract led customer areas. The WC facilities on each floor have all recently been refurbished, as well as upgrade works to the staff canteen.

The building caters for upto 2,500 working staff through on-site desk space, the off-site server system and flexi working. The space has been designed internally for the operation of specific contracts. THe building operates generally from 1.00am to 9pm weekdays.

There is a telecom mast on site, adjoining the eastern elevation of the building.

As part of the October 2023 lease re-gear there is an agreed Deed of Works to be undertaken by the tenant before September 2025. The landlord is to contribute upto £300,000 for those works. The vendor will enter into an undertaking to cover the contribution figure. The improvements and upgrades set out in the schedule of works include: installation of PV panels on the roof; installation of battery storage linked to the PV panels; installation of EV charging points; M&E upgrade works including removal of gas fuelled plant and replacement with electric alternatives.

The site extends to 4.95 acres including car parking to either side of the building providing 440 car parking spaces (ration of 1:141 square feet). There is currently a single access point to the site from Adwick Park.

Longer term, the site would offer potential redevelopment options. The current site coverage is only 15%. Capita recently sold one of their freehold buildings on Dearne Valley to a neighbouring occupier for redevelopment and the construction of a new industrial facility.
  • Mixed-use investment opportunity
  • 3 ground floor shops & residential flat
  • Prominent location on Wellington Road
  • Current rental income £46,700 pa

Units 1-3 and 15A, Wellington Road, Telford

For Sale
(Under offer)
Price
Offers over £550,000 for the freehold investment
Size
3,659 sq ft on site of 0.12 ac
An opportunity to acquire a mixed-use commercial and residential investment in a prominent and popular location.

The property comprises a former detached house, which has been converted and extended over the years to provide three ground floor retail units known as Units 1-3, 15 Wellington Road, and a self-contained first floor flat known as 15A Wellington Road. The building occupies a total site area of 0.12 acres (0.05 hectares) including some external space.

Unit 1 is let to an established fish and chip shop and benefits from a full height, aluminium framed and glazed shop frontage onto Wellington Road, as well as patio doors leading to an enclosed outside seating area to the side and a small service yard to the rear.

Unit 2 is let to a veterinary practice albeit the tenant is no longer in occupation. It benefits from half-glazed uPVC panels to the front and has a small service yard area to the rear.

Unit 3 is let to Ladbrokes as a betting shop and benefits from a full height timber framed and glazed shop frontage onto Wellington Road, complete with small service yard area to the rear.

Flat 15A is accessed to the rear of the building and provides self-contained 2-bed living accommodation with a private entrance and internal staircase.

There is no on-site car parking included within the demise, but the property is conveniently located directly opposite a Council owned car park accessed off Wellington Road. Car parking is also available in the small lay-by immediately to the front of the building, as well as to the side.
  • Fully let freehold retail investment 2,041 sq ft
  • Two adjoining retail premises (back to back)
  • Town centre location opposite Costa
  • Rental income £16,200 pax

30 Cheshire Street and, 7 Queen Street, Market Drayton

For Sale
Price
Asking Price £195,000
Size
2,041 sq ft
An opportunity to acquire a sizeable town centre retail investment comprising two attractive looking shops, which are positioned back to back with a private pedestrian walkway between affording access to each building directly off Queen Street.

30 Cheshire Street is a Grade II Listed Building arranged over three stories, providing retail/sales area on the ground floor and ancillary accommodation above. It is currently occupied by a Barbers Shop.

7 Queen Street is a two-storey retail premises, which is currently utilised as a beauty salon and provides beauty rooms on both floors with the main reception located on the ground floor.

Outside, there is a small yard/bin store between the two properties, which is shared by the occupiers of both buildings.
  • Industrial investment opportunity
  • Multi-let estate of 20 plus units and 2 yards
  • 26,844 sq ft on site of 2.17 ac
  • Rent £102,641 pa with potential to increase

The Laundry, Seifton, Ludlow

For Sale
Price
Guide price of £850,000
Size
26,844 sq ft on 2.17 ac
The property comprises a collection of former farm buildings and yard, which were historically utilised as a sawmill and HGV maintenance depot, but latterly converted to offer a multi-let industrial estate on a site of circa 2.17 acres (0.878 hectares).

The estate comprises in excess of 20 individual units with on site car parking, which are mainly let to local companies and private individuals for workshop and storage purposes. There are shared WC facilities on site for the use of all tenants.

The majority of the units date back to the 1960's, however Unit 1 appears to be more modern, being of steel portal framed construction. There are also a number of older buildings on site, including a former barn of stone construction.

The estate includes 2 secure storage yards, which are roughly surfaced and enclosed by fencing.

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