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The Old Mill, 81 Oxford Road, Fegg Hayes, Stoke-on-Trent, ST6 6QS

Offers in Region of
£1,050,000

£140.00 per sq ft

Business rates & charges may apply

Cooper Green Pooks, Shrewsbury
SIZE AVAILABLE

7,500-15,000 sq ft

697-1,394 sq m

SECTOR

Industrial development for sale

Key features

  • Freehold Investment.
  • Outstanding covenant (ITS Testing Services (UK) Limited).
  • Passing rent £80,000 p.a exclusive.
  • 10 year unexpired term.
  • OIRO £1,050,000 (representing 7.6% gross initial yield).

Description

Description
Attractive investment opportunity comprising a converted Victorian mill building now comprehensively fitted out to provide specialised food testing laboratory space.
The Old Mill building is a substantial, two storey brick building under a recently replaced pitched slate roof.
After substantial investment and a comprehensive refurbishment, the building comprises laboratory space on both floors with offices and staff areas at first floor.

Location
The premises are situated on Oxford Road in Fegg Hayes, a northern suburb of Stoke on Trent close to the Pottery Towns of Tunstall and Burslem .
The location provides excellent road access to the M6 Motorway and the A500 / A50 routes east to the M1, a vital location consideration for the tenant given their UK wide client coverage.

Brochures

The Old Mill, 81 Oxford Road, Fegg Hayes, Stoke-on-Trent, ST6 6QS

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Longport Station2.6 miles
  • Kidsgrove Station2.6 miles
  • Stoke-on-Trent Station4.6 miles

About Cooper Green Pooks, Shrewsbury

3 Barker Street, Shrewsbury, SY1 1QF

BUSINESS SPACE - As commercial property agents, we can offer informed advice on all aspects of office and industrial properties. Whether representing landlords, tenants or developers with regards to sales, lettings or advise, we are in tune with current demands in this fast moving sector.

RETAIL / LEISURE - We have extensive knowledge and experience of all types of retail units and leisure developments, whether in high street locations or secondary towns and pitches.

INVESTMENT - We provide institutions, property companies and private investors with a detailed insight into sales and purchases while keeping alert to every opportunity for adding value.

DEVELOPMENT - Developers and occupiers appreciate our creative and flexible approach to site acquisition and disposal. We work closely with national agency and investment colleagues.

If you'd like to discuss any commercial property related matters or to arrange an informal valuation please contact a member of the commercial team today on 01743 276666 or cjp@cgpooks.co.uk

VALUATION

We offer a comprehensive valuation service to a wide range of clients throughout Shropshire and the Welsh Borders. In addition, we are able to offer national coverage for specialised property and/or specific clients.

We have expert knowledge of the wider Shropshire area based on long experience of the market in retail shops, office, industrial, investment and leisure uses, development land and specialist animal welfare premises.

Clients include banks, building societies, charities, executors, administrators/liquidators, property companies, pension funds and private individuals.

Commercial property valuations are undertaken for bank lending, acquisition, asset, matrimonial, probate, disposal or taxation purposes.

If you'd like to arrange a professional valuation please contact a member of the commercial team today on 01743 276666 or tcp@cgpooks.co.uk

RENT REVIEWS AND LEASE RENEWALS

We provide expert advice on rent reviews and lease renewals on industrial, office, retail property and more specialist commercial property. We can help you obtain the best rental settlements, negotiate new leases or secure improvements to existing ones. We can provide advice on lease surrenders and other 'exit routes'.

We will also proceed to arbitration where required. A major strength is our detailed knowledge of the Shropshire, Midlands and North Wales marketplace. This gives clients the reassurance that we are in tune with current trends and market levels.

If you'd like to discuss your commercial property requirements and how we can help please contact a member of the commercial team today on 01743 276666 or cjp@cgpooks.co.uk

Notes

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Disclaimer - Property reference 156141-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Cooper Green Pooks, Shrewsbury. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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