Commercial Properties For Sale by Harris Lamb, Telford, including sold STC

The Development: Benthall Grange (Former Ironbridge Power Station) is one of the largest (142 hectares) regeneration projects in the Midlands and will create a sustainable new community comprising of c1,000 new homes, village centre, primary school, public open space, and employment Location: The site of the former Ironbridge Power Station is located on the banks of the River Severn near Ironbridge, the birthplace of the Industrial Revolution and a UNESCO World Heritage site. Accessed off Buildwas Road (B4373), the site is approximately 7 miles southwest of Telford Town Centre and Junctions 4 and 5 of the M54 motorway. Shrewsbury is approximately 13 miles to the northwest via the B4380, and Wolverhampton is approximately 23 miles to the east.

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

Specification: 10m clear internal eaves height 4 level access doors First floor offices Yard depth 35m max Fully secured site Electricity 350 kVA - 1MVA 54 car parking spaces (9 EV) Floor loading 50kn/m2 Location: Telford is located in the West Midlands, 15 miles east of Shrewsbury, 17 miles northwest of Wolverhampton and 32 miles northwest of Birmingham. The town benefits from excellent road connectivity with Junctions 4, 5 and 6 of the M54 motorway immediately adjacent. In turn, the M54 motorway connects with Junction 10a of the M6 motorway 15 miles to the east and Junction T8 of the M6 Toll motorway 17 miles to the northeast. Telford's central position in the country makes it an ideal location to serve a wide client base. There is a workforce of over 350,000 within 30 minutes' drive of the Town. Telford is the home to the MoD Fulfillment Centre and other logistic firms such as UPS, DHL, Maidens & Simmonds Transport and major manufacturers including Denso, Ricoh UK and BAE Systems. Telford is part of the West Midlands Combined Authority with Telford & Wrekin Council a pro growth Authority.

Specification: 10m clear internal eaves height 4 level access doors First floor offices Yard depth 35m max Fully secured site Electricity 350 kVA - 1MVA 54 car parking spaces (9 EV) Floor loading 50kn/m2 Location: Telford is located in the West Midlands, 15 miles east of Shrewsbury, 17 miles northwest of Wolverhampton and 32 miles northwest of Birmingham. The town benefits from excellent road connectivity with Junctions 4, 5 and 6 of the M54 motorway immediately adjacent. In turn, the M54 motorway connects with Junction 10a of the M6 motorway 15 miles to the east and Junction T8 of the M6 Toll motorway 17 miles to the northeast. Telford's central position in the country makes it an ideal location to serve a wide client base. There is a workforce of over 350,000 within 30 minutes' drive of the Town. Telford is the home to the MoD Fulfillment Centre and other logistic firms such as UPS, DHL, Maidens & Simmonds Transport and major manufacturers including Denso, Ricoh UK and BAE Systems. Telford is part of the West Midlands Combined Authority with Telford & Wrekin Council a pro growth Authority.

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 Development: Benthall Grange (Former Ironbridge Power Station) is one of the largest (142 hectares) regeneration projects in the Midlands and will create a sustainable new community comprising of c1,000 new homes, village centre, primary school, public open space, and employment Location: The site of the former Ironbridge Power Station is located on the banks of the River Severn near Ironbridge, the birthplace of the Industrial Revolution and a UNESCO World Heritage site. Accessed off Buildwas Road (B4373), the site is approximately 7 miles southwest of Telford Town Centre and Junctions 4 and 5 of the M54 motorway. Shrewsbury is approximately 13 miles to the northwest via the B4380, and Wolverhampton is approximately 23 miles to the east.