Commercial Properties For Sale in Telford Town Centre, Telford, Shropshire
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A Freehold, edge-of-centre retail warehouse scheme, highly prominent, with dedicated customer car park, rear loading and excellent pedestrian and vehicular links. The scheme comprises a retail warehouse, originally built in the 1990's for the now defunct 'Staples'. The scheme provided a smaller unit to the front elevation which housed 'Blockbuster Video' until its demise in 2013. In 2018 the current owners split the unit into smaller divisions to provide a new location for The Gym Group, Office Outlet and Tile Choice. Since then, Office Outlet (Unit 3) has been vacated and sold off to an owner occupier. Units 2 & 3 are accessed from front pedestrian doors and servicing is via rear loading doors opening into the private rear yard. Unit 1 is accessed and serviced via front doors only. The scheme benefits from dedicated customer parking, rear staff parking and communal landscaping- all covered in the schemes service charge. There is a large tenant totem sign at the entrance to the site and tenants benefit from the visibility of large high-level signage at the top of the building's elevations. The property sits on a site of approximately 2.4 acres. We understand all boundary roads leading to and past the scheme are adopted.
- Prominently located against the main arterial route in and out of the regions largest shopping scheme.
- Freehold purpose-built retail warehouse scheme comprising a total c.21,250 sq.ft of commercial space split over 3 ground floor units.
- Let to 3 tenants, with 2 income-producing FRI tenants and 1 unit sold of on a ground lease, producing a total annual rent of £196,000 pax.
The subject property comprises a bespoken frozen food facility constructed in the 1980's which includes two storey offices and a cold store. The premises are situated within a secure gated site with perimeter fencing within Stafford Park Industrial Estate in Telford.
- Rare Freehold Opportunity
- Offered with full vacant possession
- Refurbished in 2024
- Modern two storey detached office building.
- Occupying a prominent location in the centre of Telford Square.
- Well-appointed accommodation providing a mix of open plan and cellular offices.
Location: The property is located on Stafford Park Industrial Estate in Telford with access via Stafford Park 12 off Naird Roundabout and with prominence to the A464 dual-carriageway. The property is well located for the national motorway network being within 1 mile of Junctions 4 and 5 of the M54 motorway and within 15 miles of Junction 10a of the M6. Stafford Park adjoins the A442, which is the primary road connecting north and south Telford. Telford is 15 miles east of Shrewsbury, 17 miles northwest of Wolverhampton, and 32 miles northwest of Birmingham. Description: The property comprises a detached industrial/warehouse building with integral two-storey office, showroom, workshop with anti-static floor, and ancillary accommodation, service yard, and car parking with the following specification: 6.4m clear internal haunch height Two ground level loading doors Warehouse lighting Two-storey office & ancillary Secure and gated site Car parking for approx. 39 cars Facilities include basketball pitch, tennis court, golf nets, and canteen
- Detached fenced and gates site
- 6.4m clear internal haunch height
- Two ground level loading doors
Location: The property is located on Stafford Park Industrial Estate in Telford with access via Stafford Park 12 off Naird Roundabout and with prominence to the A464 dual-carriageway. The property is well located for the national motorway network being within 1 mile of Junctions 4 and 5 of the M54 motorway and within 15 miles of Junction 10a of the M6. Stafford Park adjoins the A442, which is the primary road connecting north and south Telford. Telford is 15 miles east of Shrewsbury, 17 miles northwest of Wolverhampton, and 32 miles northwest of Birmingham. Description: The property comprises a detached industrial/warehouse building with integral two-storey office, showroom, workshop with anti-static floor, and ancillary accommodation, service yard, and car parking with the following specification: 6.4m clear internal haunch height Two ground level loading doors Warehouse lighting Two-storey office & ancillary Secure and gated site Car parking for approx. 39 cars Facilities include basketball pitch, tennis court, golf nets, and canteen
Investment Summary: Located on Stafford Park, one of Telford's primary industrial estates Excellent transport links via M54 Motorway, providing ample access across the West Midlands Extending to approximately 29,887 sqft of warehouse 6.4m working height and 2 level access doors, with shared loading yard provision Full Repair and Insuring Terms to Teamson UK Limited for a term of 10 years from 1st June 2023 Passing rent of £190,000 per annum (£6.35 per sqft). ERV thought to be in excess of £7 per sqft Tenant only break clause provision on 1st June 2028 Rent review on 1st June 2028 to the greater of Open Market Rent or CPI 2%-4% annually compounded Approximately 6.88 years to expiry and 1.88 years to break Investment value underpinned by vacant possession value Offers in excess of £2,350,000 (Two Million Three Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT, reflecting a net initial yield of 7.60% and a capital value of £78.63 per sqft when allowing for usual purchaser costs. Location: Telford is located in the heart of the UK and is one of the top five fastest growing towns in the country with a population expected to hit 200,000 by 2034 (ONS,2024). Telford is 33 miles north-west of Birmingham, 30 miles south-west of Stoke-on-Trent, and 15 miles east of Shrewsbury. Road access is excellent with junctions 4 and 5 of the M54 close by, providing quick access to the M6 and the wider Midlands Motorway network. Telf
The subject property comprises a bespoken frozen food facility constructed in the 1980's which includes two storey offices and a cold store. The premises are situated within a secure gated site with perimeter fencing within Stafford Park Industrial Estate in Telford.
For Sale Modern Distribution Warehouse - Rare freehold opportunity located on popular industrial location, situated on Stafford Park 15 the southern fringe of Stafford Park Industrial Estate in central Telford with excellent road access.
A Freehold, edge-of-centre retail warehouse scheme, highly prominent, with dedicated customer car park, rear loading and excellent pedestrian and vehicular links. The scheme comprises a retail warehouse, originally built in the 1990's for the now defunct 'Staples'. The scheme provided a smaller unit to the front elevation which housed 'Blockbuster Video' until its demise in 2013. In 2018 the current owners split the unit into smaller divisions to provide a new location for The Gym Group, Office Outlet and Tile Choice. Since then, Office Outlet (Unit 3) has been vacated and sold off to an owner occupier. Units 2 & 3 are accessed from front pedestrian doors and servicing is via rear loading doors opening into the private rear yard. Unit 1 is accessed and serviced via front doors only. The scheme benefits from dedicated customer parking, rear staff parking and communal landscaping- all covered in the schemes service charge. There is a large tenant totem sign at the entrance to the site and tenants benefit from the visibility of large high-level signage at the top of the building's elevations. The property sits on a site of approximately 2.4 acres. We understand all boundary roads leading to and past the scheme are adopted.