Investment, For Sale

Unit C, Stafford Park 18, Telford, Shropshire, TF3 3BN.

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Details

Property Reference

JND/3862

Address

Unit C, Stafford Park 18, Telford, Shropshire, TF3 3BN.

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.

Description

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.

Get directions to this property:

Unit C, Stafford Park 18

Detailed Specification

  • Size

    32,908 sq ft on 1.65 ac
  • Price/ Rent

    Offers in excess of 2.4M
  • Accommodation

    Production warehouse23,880 sq ft2,218 sq m
    Spray booth1,287 sq ft120 sq m
    Two storey offices4,054 sq ft376 sq m
    Single storey offices3,687 sq ft343 sq m
    Gross Internal Area32,908 sq ft3,057 sq m
    Site Area1.6 ac0.647 ha
  • Services

    We understand that all mains services are available or connected to the property. It should be noted that we have not checked or tested these services and interested parties should make their own enquiries.
  • 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: 01952 380000.
  • 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).
  • VAT

    All figures quoted are exclusive of VAT, which may be payable at the prevailing rate.
  • 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: Nicholas Dixon MRICS
    Direct Line: 01952 521006
    Mobile: 07957 828 563
    Email: nicholas@andrew-dixon.co.uk
    Ref: JND/3862

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.