56, 57 & 58 Ennerdale Road, Shrewsbury, SY1 3LD
£54.11 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
16,540 sq ft
1,537 sq m
- SECTOR
Industrial development for sale
Key features
- Reversionary light industrial investment for sale.
- Asset management and potential development opportunities.
- Comprising 3 units (plus substation) extending to 16,540 sq ft (1,536.6 m²) approximately on a total site area of 0.77 acres.
- Located in a well established commercial/industrial area of Shrewsbury
- Occupying a strategic corner plot with extensive parking.
- Current rental income £64,950 per annum.
- Offers over £895,000 are invited for the freehold interest, reflecting a gross yield of 7.27% and a capital value of £54.11 per square foot.
Description
The investment property comprises three industrial units situated on a strategic corner plot on Ennerdale Road with extensive parking in the heart of a well established commercial / industrial area of Shrewsbury.
The units are constructed principally of brick external elevations beneath a pitched corrugated sheet roof with a concrete floor.
All units have direct access off Ennerdale Road with No 56 also benefitting from a return frontage and delivery access from Cartmel Drive to the loading doors and large yard area and/or additional parking. There is a further gated and secure yard to the rear with roller shutter doors to the units.
There is car parking to the Ennerdale Road frontage for approximately 16 cars.
There is also an electricity substation located on the Property at the corner of Ennerdale Road and Cartmel Drive.
Location
Shrewsbury is the historic county town and administrative centre for Shropshire. The Town benefits from excellent road and rail connections being located at the intersection of the A49 and A5 (T), with excellent access to the national motorway network via the M54.
Shrewsbury has a resident population of 80,000 with a wider county population extending to 325,000. The town is also within commuter distance of Telford with a population of 150,000.
Within Shrewsbury, the Property is situated on Ennerdale Road approximately 2.5 miles north of Shrewsbury town centre within the established Harlescott industrial sector of the town.
Nearby occupiers include Cousins Furniture, SOS Agricultural Ltd, Organic Energy (UK) Ltd, Rolling Homes Campers, GMC Motorhomes, CH Welding Services, GK MOT and Tachograph Centre, J-Tech Suspension Ltd among others.
Availability_text
The accommodation comprises the following areas:
Brochures
56, 57 & 58 Ennerdale Road, Shrewsbury, SY1 3LD
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Shrewsbury Station1.6 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 –
Notes
Disclaimer - Property reference 198202-1. 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.
Map data ©OpenStreetMap contributors.