Industrial Park for sale

Upton Mill,Upton Lane,Shifnal,TF11 8NZ

£2,775,000
44,000 sq. ft.

Property Description

Commercial information

  • 44,000 sq ft (4,087 sq m)

Key features

  • Fantastic investment opportunity
  • 10 industrial units and office block
  • GUARANTEED INCOME FOR THE NEXT 5 YEARS TOTALLING 1 MILLION!
  • 200,000 rent per annum at over 70% occupancy
  • Potential to earn 300k per annum
  • 44000 sq ft
  • Easy motorway access J3 M54

Full description

Location:
This industrial estate is located in Shifnal, Shropshire close to Junction 3 of the M54.

Description:
This industrial estate is offered as an investment opportunity with a total of 10 industrial units and 1 office block, currently occupied by 4 tenants on 5 year contracts. Unit 1 is currently empty so could be let to a new tenant or occupied by the new owner.

The estate is fully fenced all round and secure, has its own transformer on site and a yard of circa 4 acres with plenty of parking and turning circle.

Breakdown of units:
Office block - 1862 Sqft
Value 86,000 - currently occupied by tenants - includes 11 offices, kitchen, toilet block and shared boardroom.
Unit 1 - 6574 sqft
Value 272,000 income empty rates 6574 per year paid - includes 4 offices and internal toilets
Unit 2 - 1777 sqft
Value 73 000 income 1000 pm rates 1777 per year - includes 1 office and 2 internal toilets
Unit 3 - 1735 sqft
Value 73 000 income 1000 pm rates 1735 per year - includes 1 office and 2 internal toilets
Unit 4 - 6669 sqft
Value 276000 income 2160 pm rates 6669 per year - includes 1 office and 2 internal toilets
Unit 5 - 2094 sqft
Value 87,000 income 300 pm rates 2094 per year - includes 1 external toilets
Unit 6 - 1887 sqft
Value 78,000 income 900 pm rates 1887 per year - includes 2 offices and external toilets
Unit 7 - 2605 sqft
Value 108,000 income 600 pm rates 2605 per year - includes external toilets
Unit 8 ,9,10 - 18,000 sqft
Value 750,000 income 9500 per month rates 18,000 pa - currently split in to 56 sections of 6x6m and let at 50 per week - mainly occupied but some spaces available - currently advertising the space in Shropshire newspaper.

THIS PURCHASE GUARANTEE A TOTAL INCOME OVER THE NEXT 5 YEARS OF 1 MILLION.


More information from this agent

Nearest stations

  • Shifnal (0.8 mi)
  • Cosford (2.3 mi)
  • Telford Central (3.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Ron Dean Property Developments, Shifnal

Upton Mill, Upton Lane, Shifnal, TF11 8NZ

01952 766120 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Shifnal (0.8 mi)
  • Cosford (2.3 mi)
  • Telford Central (3.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Ron Dean Property Developments, Shifnal

Upton Mill, Upton Lane, Shifnal, TF11 8NZ

01952 766120 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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