Investment, For Sale (Under offer)

Lilleshall Grange Industrial Estate, Abbey Road, Lilleshall, Nr Newport, Shropshire, TF10 9HL.

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Details

Property Reference

BNF/3571

Address

Lilleshall Grange Industrial Estate, Abbey Road, Lilleshall, Nr Newport, Shropshire, TF10 9HL.

Location

The property is situated in the picturesque village of Lilleshall in Shropshire. Lilleshall lies on the A518 between Telford (4 miles) and Newport (3 miles). It falls within the Borough of Telford and Wrekin and the Wrekin constituency.

The village has a local shop, parish church, cricket and tennis clubs and a primary school. It is also home to the historic Lilleshall Monument, a local landmark on top of Lilleshall Hill. All other amenities are available in the popular market town of Newport approximately 3 miles to the north. Newport also has excellent road links, with Junction 3 of the M54 motorway 9 miles distant via the A529 or A41.

The property itself is situated on the southern fringe of the village along Lilyhurst Road/Abbey Road, approximately 0.5 miles from Lilleshall Abbey. It is set back from the main road and accessed via a private driveway. There is some residential development to the northwest, but essentially the estate is surrounded by open countryside.

Description

The property comprises a mixed use industrial estate on a site of approximately 6 acres (2.46 hectares), which provides a range of commercial and former agricultural buildings of varying construction and age, which are multi-occupied. The buildings extend to some 22,396 square feet (2,080 square metres) in total.

The estate in part has an established vehicle repair/dismantling use, with a number of other units currently utilised for light industrial and workshop purposes, complemented by ancillary office accommodation and open storage space.

The sale also includes the field/agricultural land to the front of the units, which extends to approximately 2.9 acres (1.17 hectares), as well as the existing access road.

Get directions to this property:

Lilleshall Grange Industrial Estate, Abbey Road

Detailed Specification

  • Size

    22,396 sq ft on 6 ac
  • Price/ Rent

    Offers in the region of 650,000
  • Accommodation

    Total Buildings22,396 sq ft2,080 sq m
    Total Site Area6 ac2.46 ac

    *See brochure for Tenancy Schedule and sizes of individual units

  • Services

    We understand that mains electricity is connected to the estate and sub-metered to each unit off the landlord's main supply. It is re-charged to the individual tenants on a per usage basis. Water is provided to the units via a private supply. There are no WC facilities on site as such, however there are two portaloos on site for the shared use of the tenants. It should be noted that we have not checked or tested these services and interested parties should make their own enquiries.
  • Planning

    The property currently has planning permission for Class B2 and B8 use of the Town and Country (Use Classes) Order 1987 (as amended) to include garaging, vehicle repair/dismantling workshops and ancillary open storage space. The site does have some redevelopment potential for commercial or residential use, subject to the necessary planning consent. Interested parties are advised to make their own enquiries in this regard.
  • Tenure

    Freehold Investment: The property is available to purchase freehold with the benefit of the existing tenancies.
  • Local Authority

    Telford & Wrekin Council, Darby House, Lawn Central, Telford, TF3 4JA - Tel: 01952 380000.
  • Rateable Value

    Please refer to the Tenancy Schedule in the marketing brochure.
  • Energy Performance Certificate

    Please contact the agent for further details.
  • 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: Nathan Fern
    Direct Line: 01952 521004
    Mobile: 07957 828 569
    Email: nathan@andrew-dixon.co.uk
    Ref: BNF/3571

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.