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Unit 3 Rampart Court Retail Park Telford, Telford, Shropshire

From
£6,667 pcm
£80,000 pa

£9.58 per sq ft

Business rates & charges may apply

Creative Retail, Birmingham
SIZE AVAILABLE

8,350 sq ft

776 sq m

SECTOR

Out-of-town retail property to lease

Lease details

Lease available date:
Ask agent
Lease type:
Long term

Key features

  • Retail, Bulky Retail, Trade or Leisure Opportunity
  • Dedicated Car Park
  • Excellent Main Road Proximity
  • C.21,000 passing traffic per day.

Description

Retail, Bulky Retail, Trade or Leisure Opportunity

Dedicated Car Park

Excellent Main Road Proximity

C.21,000 passing traffic per day.

Location

Telford was designated a New Town in 1963 and now has a population approaching 160 000. Telford is approximately 30 miles northwest of Birmingham and 13 miles east of Shrewsbury. The unit fronts Rampart Way (A5) which is a main road from Junction 5 M 54 and near Telford Central Railway station access via new footbridge and les than 5 minutes walk to town centre.

Description

Telford was designated a New Town in 1963 and now has a population approaching 160 000. Telford is approximately 30 miles northwest of Birmingham and 13 miles east of Shrewsbury. The unit fronts Rampart Way (A5) which is a main road from Junction 5 M 54 and near Telford Central Railway station access via new footbridge and les than 5 minutes walk to town centre.

The property comprises of a ground floor retail unit, providing open plan space with rear store, kitchen and WC facilities Access is via electric entrance doors to the front and rear elevations. The property is of brick built construction offering modern retail warehousing space with c 7 m eaves height.

Accommodation Text

The property comprises of a ground floor retail unit, providing open plan space with rear store, kitchen and WC facilities Access is via electric entrance doors to the front and rear elevations. The property is of brick built construction offering modern retail warehousing space with c 7 m eaves height.

Tenure Comments

A new lease is available, subject to terms, on an effective FRI basis for a term of years to be agreed.

EPC

B 50. A copy of the EPC is available upon request.

Service Charge Information

There is a service charge arrangement in place, the current years S/C is £9,663 + VAT.

Insurance

The Landlord will insure the premises the premiums to be recovered from the tenant, the current years insurance premium is £2,284 + VAT.

VAT

We understand VAT is applicable.

Legal Costs

Each to their own.

Brochures

Unit 3 Rampart Court Retail Park Telford, Telford, Shropshire

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Telford Central Station0.1 miles
  • Oakengates Station1.0 miles
  • Shifnal Station3.0 miles

About Creative Retail, Birmingham

51 Regent Parade, Birmingham, B1 3NS

Commercial Retail Property Consultants

Creative Retail are a Birmingham-based retail and leisure property practice.

We specialise in the Midlands Retail & Leisure property markets ? including High Streets, Shopping Centres, Leisure Schemes and Out of Town Retail Warehousing.

Passionate about Retail and Leisure; we provide a modern, professional, and dynamic service to our clients.

Commercial Property Agency

We pride ourselves on offering clients specific, accurate and targeted advice in a constantly evolving industry and market.

Our agency services include:

. Lettings

. Acquisitions & Disposals

. Development & Site Finding

. Investment strategy

. Asset Management

Commercial Property Development In what is becoming an increasingly competitive sector, Creative Retail are able to offer guidance on all stages of the retail development process from initial appraisals and site sourcing through to pre-let tenancy agreements and exit strategy.

We work closely with private sector developers and investors and our in-depth knowledge of retailer requirements combined with our considerable experience with property transactions means that we are able to offer our clients an unparalleled service and a 360º appreciation of the workings behind the development process.

Commercial Property Investments

Detailed and up-to-the-minute knowledge has never been more important when formulating investment strategies for Retail and Leisure Property. The pace of change in the sector is ever increasing and strategies that worked just months ago may need adapting to extract best value and maintain exposure to risk.

When advising our clients on their investments, we report on a broad range of factors beyond the fundamentals of covenant, lease terms and physicality of asset. These include:

. Occupiers changing requirements and business models

. Tenants trading strength

. Existing competition and proposed new occupiers and schemes in the locality

. Inward investment into specific areas from regional funding, private equity and government initiative.

We achieve this by leveraging the connections and relationships we have formed working exclusively in the retail and leisure sector.

Notes

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