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Investment, For Sale

The Laundry, Seifton, Ludlow, Shropshire, SY8 2DH.

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Details

Property Reference

AGS/3852

Address

The Laundry, Seifton, Ludlow, Shropshire, SY8 2DH.

Location

The property is located in the small village of Seifton, which lies on the B4365 approximately 7 miles north of Ludlow, 3.5 miles east of Craven Arms and 25 miles south of the county town of Shrewsbury. The A49 can be accessed via the B4368 passing to the west and provides access to Shrewsbury to the north and Ludlow, Leominster and Hereford to the south.

The property itself is a farm industrial estate known as 'The Laundry', which is situated to the east of the B4365 approximately 0.75 miles to the south of its junction with the B4368. The site is predominantly surrounded by open countryside.

Description

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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The Laundry, Seifton

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Detailed Specification

  • Size

    26,844 sq ft on 2.17 ac

  • Price/ Rent

    Guide price of £850,000

  • Accommodation

    Unit 16,745 sq ft626.63 sq m
    Unit 1A2,260 sq ft209.99 sq m
    Unit 22,616 sq ft243.04 sq m
    Unit 31,906 sq ft177.06 sq m
    Unit 4676 sq ft62.84 sq m
    Unit 51,290 sq ft119.82 sq m
    Unit 61,460 sq ft135.68 sq m
    Unit 72,313 sq ft214.88 sq m
    Unit 81,276 sq ft117.71 sq m
    Unit 9610 sq ft56.64 sq m
    Unit 9A146 sq ft13.57 sq m
    Unit 9B94 sq ft8.74 sq m
    Unit 9C102 sq ft9.50 sq m
    Unit 9E1,371 sq ft127.41 sq m
    Unit 10TBATBA
    Unit 11478 sq ft44.45 sq m
    Unit 12174 sq ft16.19 sq m
    Unit 12A167 sq ft15.49 sq m
    Unit 13165 sq ft15.30 sq m
    Unit 14258 sq ft24.00 sq m
    Unit 15859 sq ft79.77 sq m
    Unit 16268 sq ft24.90 sq m
    Unit 17655 sq ft60.89 sq m
    Unit 18351 sq ft32.66 sq m
    Unit 19approx. 613 sq ftapprox. 56.94 sq m
    Total GIA26,844 sq ft2,494.10 sq m

  • Services

    We understand that mains electricity and water are connected to the site, together with private drainage. We are advised that a number of tenants are paying electricity directly to the utility provider or via the landlord's supply. Most of the water is via shared system and is included in the rent, although some occupiers are metered from the landlord's supply. It should be noted that we have not checked or tested these services and interested parties should make their own enquiries.

  • Planning

    The site as a whole was granted planning permission in 1991 for a change of use to B1/B2 use, now replaced by Class E and B2 under the Town and Country Planning (Use Classes) Order 1987 (as amended) There have been a number of subsequently planning applications on the estate and interested parties should make their own enquiries with the Local Planning Authority.

  • Tenure

    The property is available to purchase on a freehold investment basis, ie subject to the existing tenancies. Please refer to marketing brochure for further details.

  • Local Authority

    Shropshire Council, The Shirehall, Abbey Foregate, Shrewsbury, SY2 6ND - Tel: 0345 678 9000

  • Rateable Value

    Interested parties to make their own enquiries with the Local Rating Authority.

  • Energy Performance Certificate

    Please contact the agent for details.

  • VAT

    All figures quoted are exclusive of VAT, which may be payable at the prevailing rate. We understand that VAT is not payable on the purchase price.

  • Legal Costs

    Each party to be responsible for their own legal costs in connection with this matter.

  • Viewing

    Strictly by prior appointment with the Agent's Telford office:

  • Additional Viewing Information

    Contact: Alex Smith MRICS
    Direct Line: 01952 521007
    Mobile: 07795 275 113
    Email: alex@andrew-dixon.co.uk
    Ref: AGS/3852

Disclaimer:
Andrew Dixon & Company. for themselves and for the vendors or lessors of this property whose agents they are give notice: (1) The particulars are set out as a general outline for the guidance of intending purchasers or lessors, and do not constitute, nor constitute part of, an offer or contract. (2) All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not reply on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. (3) No employee of Andrew Dixon & Company. has any authority to make or give representation or warranty whatever in relation to this property.

As far as possible, these particulars are intended to give a fair description of the property. Unless otherwise stated, no enquiries have been made of statutory authorities nor tests made of electricity, plumbing or other services installed in the property. No warranties or certificates of building work, leases/title documents have been inspected. Such information as is given in these particulars is based on a purely visual inspection only and information supplied to us by the vendor/lessor. Interested parties must take their own measurements in order to satisfy themselves that the premises are suitable for their own requirements. Our measurements are approximate in order to give an indication of size only. Whilst every care has been taken to prepare these particulars, we would be grateful if you could inform us of any errors or misleading descriptions found in order that we may correct them in our records.