PR House, Hortonwood 30, Telford

A rare opportunity to acquire a highly reversionary, modern multi-let warehouse with offices located in the heart of the Midlands.

The property comprises a high bay and low bay warehouse facility of steel portal frame construction with two-storey office block extending to a total of 138,239 GIA on a substantial site of 6.08 acres (2.46 hectares). Site coverage is approximately 45% with an area of expansion land adjoining the high bay warehouse.

The high bay warehouse is currently let. It is arranged in a single bay with an eaves height of 12.4m and benefits from 2 dock level loading doors and 1 level access loading door.

The lower bay warehouse is currently vacant. It is arranged in 3 bays with eaves heights varying from 5.3m to 6.1m and benefits from 2 dock level loading doors and 1 level access loading door.

The two-storey offices are currently part let and provide a number of offices and meeting rooms, complete with reception and WC facilities and passenger lift.

The site includes a dedicated car park with approximately 140 car parking spaces.

Please see marketing brochure for full property specification.

The property is multi let to 4 tenants including Telford Transport Solutions, Premium Group, Electronic Partners and MD Performance Arts School generating a current passing rent of £227,420 per annum. For full Tenancy Schedule please refer to the marketing brochure.

Approximately 55% of the property is currently vacant offering immediate asset management and income creation opportunities. There is an unexpired WAULT of 3.33 years to break and 3.42 years to expiry.

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1-4 Drayton Road, Shawbury, Shrewsbury

The property comprises a detached two-storey commercial building providing a parade of 4 ground floor retail units with 2 first floor residential flats. The building sits on a site area of circa 0.11 acres (0.05 hectares) including a private car park to the rear with space for 10 cars.

Each shop is self-contained, having a large glazed display frontage and incorporating a retail area to the front with a store/office and WC facilities to the rear. Current occupiers are a well established fish and chip shop, bakery, mini-market and architects.

The first floor flats are accessed from the rear of the building, with each flat having its own entrance at ground floor level with a central landing on the first floor. The accommodation consists of a lounge, kitchen diner, 3 bedrooms and a bathroom.

There are also 5 lock-up garages to the rear of the main building, essentially within the car parking area, which are rented out separately for storage.

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17 Market Square, Wellington, Telford

The property comprises a mid-terraced, three-storey commercial building, which is currently occupied by 'The Orange House' as a popular tapas restaurant and bar.

The Grade II listed building was constructed in circa 1840 of solid red brick construction with stuccoed dresses and surmounted by a pitched roof with parapet surround.

The accommodation is arranged over three floors with a glazed shop frontage at ground floor level overlooking the pedestrianised Market Square. It offers an open plan dining area with bar and service counter, together with kitchens/preparatory area to the rear. There is an additional dining area and and toilet facilities on the first floor, together with ancillary space on the second floor.

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The Laundry, Seifton, Ludlow

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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